NYC Business Group Insurance Blog

Thursday, September 01, 2022 | NYC Business Group

Does Your Homeowners Insurance Cover Water Backup?

Water backup is a common issue in most homes resulting in water damage. Malfunctioning sprinkler systems, broken water pipes, or a malfunctioning washing machine can cause severe water damage to your home. Luckily, homeowners’ insurance covers damages caused by a wide range of perils, and that may include water damage in some cases. However, although homeowners’ insurance covers certain types of water damage, homeowners find it hard to know what is and is not covered. Continue reading…

Tuesday, August 30, 2022 | NYC Business Group

What is Other Structure Coverage?

Homeowners insurance provides coverage for your house and other parts of your property. For example, if lightning strikes a guesthouse or fence, the other structure coverage in your homeowners insurance policy can help pay for repair or replacement costs.

Thursday, August 25, 2022 | NYC Business Group

Does Your Insurance Reflect Your Current Lifestyle?

It is evident that recent global events changed our work and daily routines. With curfews and lockdowns, most people worked from home, changed their living and working situations and, above all, their lifestyle. While this might seem obvious, most people do not know that life changes can affect their insurance needs. To determine whether your insurance needs adjustments, here are a few questions you should consider:

Tuesday, August 23, 2022 | NYC Business Group

Differences Between Commercial and Business Insurance

Successful business owners know and understand the importance of insuring their business. However, commercial and business insurance differences may confuse new business owners. The two terms are used interchangeably by insurers to refer to the same type of coverage. Insuring your business is highly recommended to avoid financial losses in the long run. Business owners should know the differences between commercial and business insurance policies, the events they cover, and the cost of each…

Thursday, August 18, 2022 | NYC Business Group

5 Types of Insurance Policies You Should Consider When Starting a Business

Have you recently started a business? If so, you realize that self-employment comes with responsibilities. One of the things new business owners should know about is insurance. You expose yourself to certain risks from the day you start a business. Insurance policies protect you and your business from financial losses and lawsuits from unforeseen incidents. Moreover, insurance cover is a legal requirement when starting some businesses. Here are five types of insurance policies a business must…

NYCBG Insurance Blog

Does Your Homeowners Insurance Cover Water Backup?

What is Other Structure Coverage?

Does Your Insurance Reflect Your Current Lifestyle?

Differences Between Commercial and Business Insurance

5 Types of Insurance Policies You Should Consider When Starting a Business

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