Category: Insurance

Insurance
2016 August Evaluating Your Insurance Coverage

When  it comes to insurance coverage, whether for your health, your possessions, or your home itself, the question is not should you have insurance, but rather, what policy best meets your specific needs? The same question applies to collec…

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Insurance
Insurance Products Boards Should Know About

The insurance industry is like any other — it's constantly evolving, with new products and ideas coming to market all the time. To keep up with what's new — and what could be of use to you and your co-op or condo community — it's impo…

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Insurance
What Is Title Insurance?

Title insurance is unique among all other forms of insurance. For example, other insurances guard and secure the holder against future loss, such as life insurance against death; health insurance against illness; and car insurance against …

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Insurance
2015 August Should I Stay or Should I Go?

There are approximately 3 million New Yorkers living in New York City’s 6 hurricane evacuation zones. This fall, should a Class 1 hurricane (74 mph) make landfall New York City will order the evacuation of those living in the most flood pro…

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Insurance
2015 August Network Security & Privacy Liability

Data breaches can happen from hackers, employees, competitors, vendors or other third parties and can be intentional or accidental. It is well documented that even the best security systems are being hacked at an alarming rate. Most recentl…

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Insurance
2015 August Attracting New Board Members

With so many people leading busy, sometimes hectic lives that revolve around work, kids, social functions, and other obligations, it's often very difficult for co-op,  condo, and HOA administrators to find residents willing and able to serv…

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Insurance
2015 August Filing Insurance Claims

Boards and associations, just like individuals, carry insurance coverage to protect them from liability, loss and other financial and legal problems, although the issues may be a little different than the typical auto or single-family homeo…

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Insurance
2015 August Property Insurance Basics

Property insurance, by definition, is a guarantee of compensation for a specific loss or damage to physical property or equipment. Within that broad and simplified explanation there is room for multiple interpretations—and more than enough …

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Insurance
2015 August Homesharing and Insurance

In a city like New York, where even the most profligate among us may shed a tear or two at hotel room prices, the homesharing trend has grown by leaps and bounds, with more co-op and condo owners than ever renting out their units to short-s…

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