Are you renovating your home without reviewing your insurance? Big mistake! While many of us often invest in increasing the value of our home by remodeling, we tend to forget that the cost to rebuild has increased too. That’s why it’s important to make sure you avoid these 3 mistakes when renovating your home: 1. NOT […]
Are you looking to purchase a residential or commercial property to knock down and redevelop eventually? If so, vacant building insurance might be the best solution in the short term. Depending on the occupancy at the time of loss, your property insurance might not pay for an incident that occurs when the structure is vacant […]
He’s making a list, and checking it twice! As we countdown to 2020, now is the perfect time to complete this simple insurance checklist to bring you peace of mind in the New Year! 1. Review Your Policies I know it sounds simple, but when was the last time you reviewed your home, auto, life […]
The summer holidays are long gone, and it’s back to work and school for most of us. As your children begin a new year of education, it’s your responsibility to go over your to do list and make sure everything runs smoothly. Insurance is a great planning tool for “back to school”, here are some […]
With Hurricane Florence, Helene, and Isaac on the way, it’s time to discuss how you can prepare for the season. These are a few tips for hurricane season. 1. Know Who Your Agent Is It’s more common, than not, that homeowners are not aware of who their servicing agent is. Reason being? You may own […]
Insurance is not something we think about everyday (unless you’re me!). Like many of my clients, you may own one or multiple high-value properties. Maintaining a luxury home is a great responsibility, and carrying appropriate insurance is the best way to protect it from financial loss. As we all know, what you pay for is […]
For millions of people renting apartments in New York City, renter’s insurance is often in the back of their mind as something they should have but haven’t gotten around to yet. Since there’s no law requiring that you purchase a policy, many renters falsely assume their belongings will be covered by their landlord’s policy if […]
Natural disasters can result in devastating financial loss. Yet homeowners still need to be reminded of the importance of contingency planning and adequate insurance coverage.Unless directed otherwise by your mortgage, Flood Insurance is not a requirement. However, that doesn’t mean you should only purchase “what is required”. Though, in certain situations, areas that were historically known to […]
Placing the personal ownership of your assets in a Trust or Limited Liability Corporation (LLC) has become increasingly popular among high net worth individuals and families. In fact, studies show that the number of properties owned by trusts or LLC’s has increased about 35% since 1983. This wealth management and estate planning strategy has proven to […]
Your home could be vacant for a variety of reasons; whether it’s a seasonal home, it’s under renovation under the assistance of a home remodeler in Chicago, you’re traveling, or it’s up for sale. Leaving your property unattended also leaves in vulnerable to damage from natural disaster, vandalism or theft. That’s why it’s important to […]