Distinguished Blog - Real Estate

Market insights and industry news.

Protect Your Client’s Real Estate Assets & Prosper with Umbrella Insurance

Brokers, what’s the secret to our success as one of the country’s longest-running Real Estate Umbrella Insurance programs? In our latest webinar recording, our experts answer your questions on Real Estate Umbrella insurance to help you build your business. Are you ready to level up? Watch the recording below and learn how Distinguished Programs can…

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Top 3 Areas People Forget When Winterizing A Home

During the winter season most of us remember to do obvious things like crank up the thermostat and stock up on rock salt to prevent slips on icy sidewalks. Depending on where you live, some winterizing preps might seem unnecessary. However, these can quickly turn into costly black swans.

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How to Close a Construction Site During the Holidays

The holiday season is around the corner and that means many construction sites will be shutting down for a while. While many workers and contractors will be welcoming a much-deserved break — there a few things to consider before you close a construction site to keep the property and everyone else safe.

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New York Brick & Brownstone Insurance: A Broker’s Guide

Brick and brownstone residential buildings grace New York City’s leafy avenues, from Manhattan to Brooklyn and Queens. Just take a stroll down Joralemon Street in Brooklyn Heights, for example, and you’ll find yourself on the kind of New York City street you imagined as a child – a cobblestone lane lined with historic brownstones. Or visit…

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When Should a Builder’s Risk Policy Be Purchased?

This is an excerpt from our free “Broker’s Guide to Builder’s Risk Insurance” eBook. Click here to download your copy. A Builder’s Risk policy should be purchased prior to or on the date of construction when the contract is finalized – before the project is underway. Builder’s Risk is temporary insurance with coverage ending once the…

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Real Estate Umbrella Insurance: A Primer for Brokers

In 2020, the US experienced around 380,000 fires in residential buildings, including homes, multi-family homes, and apartments. Each one of those incidents could be grounds for litigation that cost property owners millions in damages. That’s why it’s important companies have robust and comprehensive insurance policies protecting them from fire and life safety suits, as well…

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Commercial Umbrella Insurance: A Safety Net for Businesses

Most of the time, a business won’t need extra liability coverage. But it’s that rare, out-of-the-blue occurrence that brings an end to what was formerly a successful enterprise. No business owner should have to stay up at night wondering if their business will be the next one to make the news for eye-watering settlements. Obviously,…

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Landlord Insurance: Costs and Coverages in the City

Renters account for 36% of households in the US. Over the coming years, that percentage is expected to grow as the number of multi-family housing construction increases. If you want to capitalize on this influx, you need to educate yourself on the ins and outs of this market. Landlord insurance isn’t as simple as it…

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The Importance of Program Stability in Real Estate Umbrella Insurance

The hard insurance market over the last several years has been characterized by rate increases, diminished capacity, and carriers exiting certain niche markets and lines of business. This has caused challenges for retail agents in finding a home for new business and renewals. Real Estate Umbrella insurance, like most product lines, hasn’t been spared from…

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City Insurance Program Q + A [Webinar Recording]

Attention Big City Brokers: If you insure apartments in metropolitan areas for building owners up to 100 units or have condominium association city clients, this exclusive program is meant for you. Watch our FREE Q+A webinar recording and then learn more here. Get the handouts here: Slides: Download the Webinar Slides hereQ + A’s: View…

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How to Sell Real Estate Umbrella Insurance

There are several hazards a property owner faces that could result in a catastrophic liability lawsuit. This includes attractive nuisances (open access to a swimming pool, for example), elevator or escalator malfunction, inadequate security, negligent property maintenance, premises in disrepair, and unprotected slip hazards (such as spills or recently cleaned floors), among others. To determine…

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