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Real Estate Insurance
Protect Vacant Buildings from Halloween Vandalism
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. After more than a year of pandemic protocols and social distancing, experts like Dr. Fauci say families should enjoy trick or treating. That’s great news for all the children who missed Halloween last year. But Halloween…
A Closer Look…New York Brick & Brownstones
New York City is known for its beautiful brownstones – from Queens to Manhattan’s Upper Westside to some of Brooklyn neighborhoods including Park Slope, Brooklyn Heights, Bedford-Stuyvesant, Fort Green, Cobble Hill, and Prospect Heights. Insuring these owner- and tenant-occupied properties requires understanding their unique risks and having a program available that can address them. Let’s…
Fall Home Maintenance Checklist
Fall is upon us, and homeowners need to prepare their homes for the dropping temperatures and changing leaves. By weatherproofing and performing preventative home maintenance, homeowners can protect their property from any unwelcome surprises and make their autumn more pleasant. Knowing what needs to be done, however, is not always easy. Share this checklist with…
Say Goodbye to Pandemic Rental Deals
For most of the pandemic, we saw house prices rise and urban rents fall as city dwellers traded the apartment for a single-family home. Rents dropped as much as 25% in some cities, but the days of apartment steals have come to an end. Rental site, Apartment List, reports that the median apartment rent rose…
Eviction Moratorium Extended, Real Estate Groups and Landlords Displeased
At the heels of an expiring national moratorium order, the Centers for Disease Control and Prevention issued a new, more limited two-month eviction moratorium on Tuesday, August 8th. Unlike the previous order, the new ban on evictions only applies to parts of the United States experiencing a “substantial” or “high” spread of coronavirus — which,…
Preventing Vandalism Amid Summer Uptick
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Mischievous people with nothing to do, long summer days, and plenty of vacant and unoccupied buildings: a recipe for disaster. Whether your insured owns a vacant building or a building in the midst of the construction…
Most Popular Home Improvement Projects Amid COVID
Note: Distinguished Programs no longer offers Builder’s Risk or Vacant Building insurance. Explore our other programs for tailored solutions. Stuck at home, homeowners are displeased with their surroundings and funneling money they would have normally spent elsewhere into their homes. Over the past year, home improvement projects have surged and are showing no sign of…
Insurers Focus on Increased Need for Inspections, Repairs for Older Buildings Amid the Surfside Condo Collapse
On June 24, part of the Champlain Towers South in Surfside, Florida, collapsed in the wee hours while many residents slept. To date, 97 residents have been confirmed dead. The catastrophic loss has sent shockwaves throughout this oceanfront community located in Miami-Dade County.
Built to Rent Suburbs Picking Up Steam
Homeownership has been on the decline for decades, and not only among millennials. House prices have risen at a rate disproportionate to income, making homeownership increasingly unaffordable. Rent too has increased, contributing to Americans’ inability to afford down payments, but remains more affordable than homeownership.
Sedgwick Contractor Helps Mitigate Risks During Remodeling and Repairs
Sedgwick Repair Services provides customized managed repair, restoration, and mitigation through its network of certified local, regional and national contractors. Members of Distinguished Programs – insureds in our New York Brick & Brownstone Program, City Multi-Family Insurance, City Landlord Insurance, and City Condominium Insurance – have access to Sedgwick’s network of trusted contractors whose insurance…