__medium.jpg)
| NYC Business Group
Real estate agents, brokers, appraisers, and other real estate professionals are involved in high-cost deals. Therefore, they are exposed to unique risks that could affect their reputation and source of income. Fortunately, errors and omissions insurance, also known as professional liability insurance, can provide much-needed protection when facing legal action.
Read More__medium.jpg)
| NYC Business Group
Purchasing business insurance can be challenging if you do not know or understand certain terms. Basic knowledge and understanding of various insurance terms can help you ask the right questions and shop around for the right policy that will protect your business. Here are six business insurance terms you should know:
Read More
| NYC Business Group
Condo owners do not own the land or the building but buying the right condo insurance for the unit or personal belongings is essential. The condo owner purchases a condo insurance policy if they need to repair the unit or if their belongings are stolen or damaged.
Read More__medium.jpg)
| NYC Business Group
All business owners protect their businesses from accidents and losses arising from said accidents using insurance covers. The insurance should be solid, affordable plans with broad coverage. However, accidents happen, and sometimes they exceed your insurance coverage. Alternatively, your current insurance cover could exclude the cost of settling a specific. In that case, you may be facing some crippling losses that could result in you closing your doors. If you want to avoid such severe…
Read More__medium.jpg)
| NYC Business Group
Understanding your homeowner’s insurance is crucial because such knowledge comes in handy when disaster strikes. The first component of your homeowner’s insurance is Dwelling coverage, also known as Coverage A. This coverage protects your home and any attached structures, for example, the deck or attached garage. When setting the Dwelling coverage amount, avoid choosing your home's current market value or purchase price! It is essential to understand that the reconstruction costs refer to…
Read MoreSurprisigly great rates, get started right now.
