Most businesses can’t buy insurance against loss of income. If no one shops in a store or eats in a restaurant on a given day, the insurer won’t replace the lost income. But landlords and building owners have a safety…
What insurance does a landlord need? This article covers both basic landlord insurance and optional coverage you may want to consider. If you’re considering renting out your property and you’re not planning on living there, chances are, your homeowner’s insurance…
Insuring apartment buildings and condominium and co-op buildings can be complicated. Understanding where the responsibilities lie between owners and tenants—as well as what insurance you can and should require from tenants—can be equally complex. And if you sit on the…
For many landlords, especially first timers, the cost to insure their building may seem mysterious. Why are the costs so different from their homeowner’s policy? Why is the rate so different from the seemingly identical building next door? And, most…
Our mission at City Building Owners Insurance is simple. We help owners of small buildings in the New York City area get the right coverage at the best price. This philosophy recently paid off for the owner of a mixed-use…
Cash flow often creates serious headaches for business owners, and landlords are no exception—especially now, when taxes and heating bills create additional strain. The ability to pay for insurance premiums over time, rather than in a lump sum, can provide…
As discussed in previous articles, landlord insurance is a different animal than homeowner insurance. New York City building owners have different needs, as well as different options, than their counterparts in other cities. When shopping for insurance, it's important to…
Owners of apartment buildings and brownstones can lower their insurance premiums by creating a building profile for the insurance company. Simply, this document presents the building in the most favorable way, ultimately demonstrating that the property poses a relatively low…
If your building is a rental property, then a standard homeowner or building insurance policy may not offer adequate protection. That's where landlord insurance comes in. Rental properties face different risks than primary residences and are treated differently by insurance…
Do you have the right coverage for your property? While this shouldn't come as a surprise, the time for a building insurance policy review is before you need to file a claim. That's why City Building Owners Insurance reviews each building…