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Whitepaper – What Do Increases in Market Values Mean for Homeowners?

Sep 27, 2017

The steady market inflation of property tax increases of New York City brownstones could provide some unique opportunities for those who are savvy enough to grab on.

Market values for one, two and three family homes saw an increase of 8.6% citywide…while Brooklyn saw the greatest increase in market value of nearly 18%. This consistent climb in the market is fantastic news if you’re a real-estate broker, but what does this mean for the property owners that already own a home in Brooklyn area? And what does it mean for their insurance values?

Download B2B Whitepaper

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About Distinguished Programs

Distinguished Programs is a leading national MGA and program manager for specialty property & casualty insurance. The company places insurance in niche sectors such as commercial real estate, hotels & restaurants, community associations, environmental & construction professional, marine cargo, cyber, surety, executive lines, inland marine and fine arts & collectibles. On behalf of its insurance carrier partners, Distinguished typically manages all aspects of the placement process, including product development, marketing, underwriting, policy issuance and claims. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees.

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