If you are a landlord in New York State and own a 1-4 family rental property, you can also add on this very important insurance coverage. For $20 – $40 a year, you get $10,000 of underground for all your…
Watch our quick “shorts” video to see how any judgement in New York State can affect your homeowner status.
This would be coverage for your basement, when water gets in from a sump pump failure, pipe break or sewer backing up (like a clogged sewer line). Many insurance companies give you $2,500 for this or some $0 coverage –…
A – Certain insurance companies will put your properties on a commercial property form if you have 5 or more apartments. Can be 3 duplex’s, 5 single family homes, a triple & a duplex, any combination of 5 doors or…
Liability protection is most important for landlords. One thing that I think landlord’s overlook, is how important liability insurance protection is when they are buying property insurance. Because we are in a very litigious society, I think this is…
“High Net Worth Homeowners Insurance Buyer Beware!” You have a small water leak behind your bathroom wall for 1 month and now mold is starting to form in your bathroom. A tree just fell onto your sunroom and now the…
Trees Falling on Your Buffalo Rental Property. The trees in your yard can enhance your property value, provide some shade and offer abundant environmental benefits. However, trees can also pose a safety hazard to your rental property if they are…
New York no longer has a “aggressive dog” list for homeowners! The New York State legislature has now done away with the “hot” breed dog list. The question of dogs still remains on the standard (Acord) application for homeowners insurance…
When you have rental real estate, a higher-valued home and some assets to protect, a personal umbrella policy is the solution for you. This personal umbrella policy goes over your home, your cars and rental property you may own. It…
Airbnb becoming more popular with real estate investors. Due to the per daily charge many investor’s can charge, they are getting a better return on real estate by using it as an Airbnb. When your $100 per day fee, plus…