The three L’s decide when insurance is required. They don’t decide when you actually need it. Is insurance required in New York as often as people think? Not nearly. You want to drive your car, live in your house, run…
No, not for a single claim, not under New York law and not in our real experience. New York restricts mid-term cancellation of a commercial policy to a specific, narrow list of reasons, and filing a claim isn’t one of…
It depends on what your business does, but the confusion usually isn’t about that part, it’s that nobody separates out what’s really required. There’s a short list New York requires by law, a second list almost every lease, lender, or…
In our owner’s nearly 30 years as a licensed agent placing homeowners coverage with New York regional carriers, we’ve never personally seen it happen, and we’ve never seen a resulting lawsuit either. The lowball stories that make headlines are almost…
Almost certainly yes, and probably not the coverage you think you already have. A standard homeowners policy was built to protect a residence, not a business, and most home-based business owners don’t find out how little that leaves them until…
Yes, and a clean track record is often the reason many business owners get caught off guard. Insurance exists for the year that’s different from every other year, not the years that went fine. In New York, some coverage is…
Yes, more often than the horror stories suggest, especially with the regional New York carriers we place most of our business with. The real risk isn’t a company looking for a reason to deny you. It’s a policy that was…
