Distinguished Blog - Real Estate
Market insights and industry news.
Builder’s Risk Insurance: What Your Clients Need to Know
The moment construction begins, a property is at risk of damage. Whether it’s theft, accidental fires, floods, or more, there can be a number of major risks to these buildings. That’s why it’s crucial that any property undergoing construction, improvements, or renovations has a comprehensive Builder’s Risk insurance policy. This kind of insurance policy is…
Explore Topics
Ask the Expert: Common Area Pool Safety Checklist
Pool season is almost upon us. Which means it’s time to invest in new sunscreen and pull the bathing suits out of winter storage. It’s also time to reassess pool safety, maintenance, and good risk management. Community associations bear responsibility for common pool areas, a value-added amenity that serves as a great benefit to residents,…
To Rent or To Buy?
The choice between buying a home and renting one is arguably one the biggest financial decisions that many young adults face. While there are several factors that can make a housing decision a complicated one, especially if it’s your first time, there are a few recent data points that might help inform your decision.
How to Prepare for an Inspection
Here is what to expect if your property is inspected by your insurance provider. Q: When do we inspect? A: It differs by program and type of risk. Your broker will keep you informed. Q: Why do we inspect? A: To correct hazards that may cause claims. This helps protect people and property, and controls…
You Asked, We Listened
Our customers hold the keys to our success. That’s one thing we’re sure of as we set our course for the future. We are confident that the constant improvement of our customers’ experience will prove to be a powerful value differentiator. Recently, we have started our journey to ask, listen, and act on feedback about how we can improve…
IBA Checks In With Distinguished’s COO
As markets continue to grow, largely due to the rebounding economy and increase in construction nationwide, the need for risk-management specialists and professionals becomes even more necessary. Carla Vel, Distinguished Programs’ President and Chief Operating Officer, sat down with Insurance Business America
Insurers Addressing Impact of Extreme Weather
The issue of climate change is one on which the insurance industry is strongly focusing, particularly in the light of the severe weather that has devastated communities throughout the United States over the last several years. 2015 alone included 10 weather and climate disaster events across the U.S. that each exceeded $1 billion in damages….
Who’s Responsible When A Crane Collapses?
Whether or not you were in Manhattan earlier this month, you likely saw frightening photos or footage of the massive crane collapse in lower Manhattan. While helping to install new generators and air conditioning equipment on the roof of a building, the crawler crane encountered heavy winds. The crane operator attempted to lower the crane…
Congratulations to our superstar, Renée McFadden!
We already knew she was amazing, but now she has the award to prove it. We couldn’t be more proud to share that our own Renée McFadden has been recognized as the Industry Professional of the Year by the Professional Insurance Agents of New York State (PIANY), a trade association representing professional, independent insurance agencies,…
Brownstone Insurance: Brooklyn Guide
Brandy, an Alabama native, just moved to Brooklyn and purchased a beautiful brownstone with landscaped window boxes and a gourmet kitchen with marble countertops. Having previously owned a traditional colonial home in Birmingham, Brandy expects to purchase standard homeowner’s insurance to cover her new home. But it would be a mistake not to consider other…
Snow Shoveling Tips: The $15,000 Reason to Shovel Your Sidewalk
If you live in a location where you’re prone to having cold winters (is anyone right now?!), then you’re aware of the risks winter weather can bring. Snow and ice create lovely landscapes and prime ice-skating conditions—but they also can lead to unfortunate falls. And multiple incidents can add up, leaving property owners liable for…