Condo Insurance Archives - Premier Risk, LLC

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Apr

Condo Insurance: Can It Shield You from Special Assessments?

By premier risk Comments are Off condo in NYC

Living in a condominium comes with many benefits, but it also carries unique risks, including the possibility of special assessments. While condo insurance provides essential coverage for your unit and personal belongings, you may wonder if it can protect you from unexpected special assessments. In this blog, we’ll explore the role of condo insurance in shielding you from special assessments

Do You Require Condo Insurance in New York City?

By Premier Risk LLC Comments are Off condo and co-op in Newyork, condo insurance claim, condo insurance coverage, ho6 insurance in NY

If you own a condo in New York, you are not required by state law to ensure it, but it’s still a good idea. You probably will be required to carry condo insurance if you are financing the purchase through a bank loan. Here are essential points to know about condo insurance in NY. What Does Condo Insurance Cover? Although

Understanding the Difference Between Condo Insurance and Co-op Insurance

By premier risk Comments are Off condo and co-op in Newyork, condo in NYC, condo insurance coverage

Condominium (condo) and cooperative apartment (co-op) insurance are quite different and more complicated than homeowner insurance. Let’s take a look at how condo and co-op insurance works, how it relates to association policy, and the responsibilities required of you in the event of a claim. What You Need to Know About Condo and Co-op Insurance Owning a condo in NYC