Category: Insurance

Insurance
2012 August Mind the Gap

 Insurance is designed to be there for us when we need it most. Without knowing  the full extent of our coverage, though, we may find ourselves facing an  emergency with less protection than we thought. For shareholders or unit  owners, it…

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Insurance
2012 August Insurance Fraud!

 When it comes to insurance, there's more to think about than just premiums and  deductibles; on one side, there's insurance fraud—and on the other, there's the insurance that protects you from fraud. Both sides  of the equation are import…

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Insurance
2012 April The Insurance Puzzle

Insurance is a relatively simple concept that any homeowner can understand. You purchase a policy paying a premium to an insurer, and when a claim gets filed, the insurer pays. So in theory, insuring your co-op or condo building should …

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Insurance
2011 August Shopping for Insurance

 Operating a business—or the day-to-day business of a co-op or condo—without adequate insurance coverage is a lot like skydiving with an untested  parachute; you may land just fine...or the result could be catastrophic. If  your condo or c…

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Insurance
2011 August NAMIC

The National Association of Mutual Insurance Companies is the largest and most diverse national property/casualty insurance trade and political advocacy association in the United States. “We are a full-service trade associatio…

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Insurance
2011 August In Your Corner

When disaster strikes, whether in the form of a storm, a fire, or some other crisis, the devastation can be overwhelming—something we’ve seen too many times this summer on the nightly news. From making sure loved ones are safe to helping…

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Insurance
2011 August Knowledge is Power

 The goal is to be an informed board member. For both new and seasoned board  members, however, there are countless challenging topics requiring specific  knowledge. With new regulations and legislation on tap, it is imperative that  board…

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Insurance
2011 August The Course of an Insurance Claim

Insurance is a tricky business. Sure, people usually know the types of incidents that necessitate an insurance claim (fires, floods, leaks, etc.), but when something happens in a co-op or condo and an insurance claim is filed, few real…

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Insurance
2011 August Insuring Your Spaces

 As sales of co-ops and condos continue to slow, developers, property managers  and building boards are looking for any possible incentive to attract buyers.  Any realtor will tell you that location is the first and primary consideration  …

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Insurance
2011 August Not Your Grandfather's Policy

Recent developments, legislatively, environmentally and technologically have led to considerable changes in the New York insurance marketplace. And such changes, as managers know, often lead to added paperwork, confusing requirements, …

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