Our tech team has made some pretty big updates to combat spam in the Forum.
*One is a plugin that should filter out most of the attempts by spammers to register in the first place.
*Two, Forum users now have the ability to mark spam when they see it. If enough users mark a post as spam, it will automatically disappear.
Very sorry for all the spam lately. We hope this puts a lid on it.
We’re about to pay off the mortgage for our co-op (that is, our personal mortgage, not the underlying building mortgage). I just received the renewal packet for our homeowner’s insurance and realized that it hasn’t been updated for many years, so the replacement value of the co-op is way out of date. Is there anything I should know about updating our insurance policy in light of the fact that our unit will very soon be fully paid off and that our apartment has appreciated considerably in recent years?
Hi – Does anyone have a State Farm Insurance agent/office (other than Alan Wheeler) that they are happy with? We need to stay with State Farm, but want to switch offices. We are in a wood frame house, so most other firms won’t insure us or I would look in to other companies again.
My husband and I just closed on limestone and we’re in the process of restoring it. It should take about 6 months. We need insurance. We’re estimating two more months of vacancy, (hopefully) 4 months of construction, and then we move in.
Should we bother with construction insurance?
Our architect says “no one” does. We have an insanely expensive quote from Chubb on the table, and according to this forum, they’re the only company that actually pays out if anything happens.
At the same time, we spent A MILLION DOLLARS on a house and want to make sure it’s safe. Is forgoing construction insurance penny-wise and pound-foolish? Has anyone had “normal” insurance, had a problem with construction, and everything worked out just fine?
I live in Sheepshead bay, <1000′ from the water, I have had state farm for 9 years till then stopped covering in the area, switched to Castlepoint but its hit tough times after Sandy and I am again looking to switch. Seems no one but Kingston or Adirondack will cover me. I cant find review about those online…
Does anyone insure with either? any feedback?
We are about to renew our property insurance and was wondering if someone could help me figure out if our premium is reasonable. The house is a brownstone, 4-family, and sprinkler system in place. Our premium is $5,800; is this reasonable.
Does anyone have experience with either Distinguished Programs Brick and Brownstone or AIG Private Client Group (Chartis) homeowners insurance? Any recommendations between the two?
Early in the Spring, I (and lots of other homeowners) was offered an insurance policy to cover damage and leaks from the water/sewer lines that run from the street into my Manhattan townhouse. The offer came from the NYC DEP, which had teamed up with company called American Water Resources (AWR). The cost was something like $12/month, added automatically to my water bill. Since the pipes entering my building were pretty ancient I decided to go for the insurance.
Really glad I did! A month ago a small water leak started bubbling up on the other side of the street. Some DEP guys came by to listen to the incoming water pipes in the basements of all nearby buildings. I assumed that since the water line and the leak were on the other side of the street, the problem was not with my pipe. I was wrong. They put the listening device to my ear and I could clearly hear a torrent of water coming from my incoming pipe. They gave me an official piece of paper called a “3-Day Notice” requiring me to make the repairs within that time frame. I called the insurer AWR and they had a plumber at the scene within a couple of hours. The repair was done the following day. It involved closing the street for most of the day. I was told that the cost was low 5 figures, none of which I to pay. I don’t usually go out of my way to recommend services or products, but these guys definitely earned my respect. The DEC web site has info. here:
I have having a hard time finding an insurance company that is willing to insure a mixed use building with a bar. Most refuse to insure the building if it has a bar or a restaurant.
Thanks in advance.
I’m renewing my policy with Brownstoners. I have a brownstone, one half of which I occupy and one half is rented. I have some concerns about the renewal: (1) the premium is $7500. for 3 years, and if I pay a year at a time, the interest rate (finance charge) is 10.9% per year. This seems high. (2) my building is insured for 1 million. My deductible has been set at $2,500. Again, this seems high. I will have to pay several hundred extra per annum to bring the deductible down. My questions are: Is the finance charge legal, and, is the deductible out of the norm? Thanks for any comments.
Just got a letter saying Brownstone Agency is terminating its relationship with Everest National Insurance, and switching to Aspen American Insurance. Anyone else already receive this? Did your premiums go up in the switch?
Checked past threads on this issue and we are in a similar situation as many on this site. We are a new policy with State Farm for a brownstone in Bed-Stuy. They just called telling us we need to change the garden level, front window bars to swing away. Even though this room is not a bedroom and the back windows do not have bars at all, they are still requiring it. Can anyone recommend a carrier that does not require this modification? Thanks in advance!
I’m interested in shopping around for a new homeowner’s policy. Would prefer someone familiar with the insurance needs within a four-family, Brooklyn property. Would also prefer someone who answers the stupidest of questions with grace and patience. And, of course, a provider that isn’t a pain in the ass should a claim be necessary.
Anyone with good insurance experiences and/or insights?
Does anyone know of a good insurance company with reasonable premium to cover brownstone insurance? We have a small mix-used building, residential + commercial. Our insurance premium is going up so much that it becomes unaffordable. We have never made a claim for the last 25 years.
Any info and/or suggestion appreciated!
I would like to provide health insurance for a household employee who provides onsite eldercare for a loved one. She makes too much money to be eligible for low income insurance plans. I was thinking of going through the Freelancers Union. Any other suggestions, or advice about taking this route? Thx, all!!
Is it worth using an insurance broker to obtain homeowner’s insurance for a townhouse? Any recommendations?