Category: Property

Flood Insurance - Do you need it?

Do you live in an area prone to flooding? Hurricane season is here and it’s best to have an adequate flood insurance policy in place. As we’ve seen over the past few years, areas that are not prone to hurricanes have also been hit with major flooding and water overflow in low-lying areas. What does flood insurance cover? If you have standard homeowners' insurance, it... Read Article

Boaters Insurance – Protecting Your Watercraft

Owning a boat, whether for fishing or simply enjoying the open water, can be one of the greatest pleasures in life. Boats are valuable assets requiring comprehensive insurance coverage. Like most other vehicles, boats need both property insurance and liability protection. The right policy minimizes most of your risks as an owner of significant and unexpected loss. Here’s a closer look at the coverage you... Read Article

Keeping up with Real Estate Risks

Here are a few risks that you have to take into account when talking about real estate:   Contractual Liability Properly written contracts provide crucial protection, particularly when it comes to liability stemming from an accident or security lapse on a site. For instance, New York City’s “Sidewalk Law”  olds property owners responsible for maintaining the sidewalk in front of their buildings in good repair. The... Read Article

What to do before and after the storm

Before the storm  The CFA offers these three tips:  Locate your homeowners or renters policy, and make sure it's in a safe place where you can reach it after the storm. Review your policy to find out how and where to report a claim. If possible, document your belongings with photos or a video tour. The Property Casualty Insurers Association of America also recommends a... Read Article

Do You Need Homeowners Insurance?

If you own a home and have a mortgage it is likely that you have a Homeowners Insurance policy. To qualify for a mortgage and to maintain it, most mortgage lenders demand that you have this protection. As a minimum, your homeowner’s insurance policy protects you financially in the event of fire or vandalism. Separate flood insurance also protects you from water damage caused by... Read Article