6 Reasons Why Commercial Property Premiums Are on The Rise

| NYC Business Group

6 Reasons Why Commercial Property Premiums Are on The Rise

Landlords and property owners are facing an insurance problem. Commercial property premiums are rising, and there are no signs of stopping any time soon. Recent statistics have shown that rising inflation and several other factors have made property insurance premiums skyrocket to a record high. Therefore, why are premiums continuing to increase, and what can we do about it?

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8 Must-Have Insurance Policies for Independent Contractors

| NYC Business Group

8 Must-Have Insurance Policies for Independent Contractors

If you are an independent contractor, it is important to protect yourself, your clients, and your business when things go wrong. Your insurance needs and costs vary depending on your profession. Although no one size fits all, good contractor's insurance should protect against lost income, lawsuits, accidents, and lost, damaged, or stolen tools. This article will cover eight must-have insurance policies for independent contractors. 

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Winter Seasons Property Management Tips

| NYC Business Group

Winter Seasons Property Management Tips

Winter property management is daunting, especially for first-timers. Landlords and property owners have a rough idea of dealing with extreme temperatures and snowstorms. Typically, preparing your home or property for the cold weather in advance is the best approach. Here are some of the ways you can protect your commercial property. 

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Reasons Why Roofing Contractors Need Commercial Insurance

| NYC Business Group

Reasons Why Roofing Contractors Need Commercial Insurance

The construction industry is considered one of the high-risk professions. With numerous accidents and fatalities at job sites, roofers must have the right insurance policies. Purchasing commercial insurance offers peace of mind, mitigates financial losses, and covers losses resulting from accidents or negligence causing bodily harm or property damage. Typically, roofing insurance is costly because of the associated risks, among them lifting heavy materials and working at elevated heights. Here…

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What Does Your Insurance Policy Cover?

| NYC Business Group

What Does Your Insurance Policy Cover?

What does your renters or homeowners’ insurance cover? Typically, household insurance covers losses incurred by your loved ones, i.e., anyone related to you by blood, marriage, or adoption. However, nowadays, people have different types of relationships. It is difficult to determine if your fiancé is covered because you might cohabitate. Remember that your household policy does not cover your partner if you are not officially married or in a legal civil union. Therefore, if you want to…

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