Category Luxury homeowners

In case you haven’t heard, NY State has ruled that using an aggressive dog list for a homeowner and/or landlord is illegal now. They can still ask the question if any dogs in the property but not underwrite for an…

Every insurance company has their own underwriting requirements for landlord insurance. Some Insurance companies only write to replacement value. This could be a moral conflict when you are buying a 2 unit for $200,000 and the replacement value is $523,000!…

Q – My neighbors tree fell on my rental house damaging the gutters, downspout and damaged some siding. Now what do I do? A – Unfortunately, this is your claim, since the neighbor was not negligent in the tree falling.…

Our insurance companies (Three actually) have unique programs that will insure 5 doors or more. For you that means 5 single family homes or 3 double rentals or a 3 unit and 4 unit rentals that equal 5 doors. Many…

Consumers don’t realize there are sub-limits built into most “main street” homeowner policies. I did my best to explain it in a quick one-minute video here:

Many homeowners don’t realize that their insurance limit on their home just isn’t the figure in Coverage A. Coverage A id what is stated on your homeowner policy of what your home is covered for. Many “main street” insurance companies…

Why you may have inadequate home insurance coverage. Inside every homeowner policy is what is called “sub-limits” of coverage. Like jewelry for example, maybe $1,500 maximum per piece, $5,000 total coverage. Or could be $5,000 for sewer/water backup in your…

No. Rates are not like car insurance where they get surcharged for an accident. Insurance companies can either renew the homeowner policy or non-renew due to claims activity.

No. Rates are not like car insurance where they get surcharged for an accident. Insurance companies can either renew the homeowner policy or non-renew due to claims activity.