Dysfunctional but Rational Why is my home value $3M but is insured to rebuild for $4.5M? We hear this question on just about every home insurance policy we renew for our clients. The easy response is that constructions costs bear little correlation with today’s real estate property values. "Why is my home value $3M but [...] Read More

Why upgrade to a Premium policy for your Townhouse/Co-op/Condo? Coverage upgrades add Significant Value Beyond how you decide to decorate your property in New York City, ownership presents some unique challenges in determining who is responsible for what, when it comes to insuring your property. Is it the building association's responsibility or should you have [...] Read More

Taking Steps Re-organizing AIG Private Client Group On Monday AIG announced that it has entered into an agreement with Safeco Insurance, (a Liberty Mutual Company) and Heritage Insurance to offer AIG agents the opportunity to transition their upper middle personal insurance business to Safeco and Heritage. The transition is to begin in the fall of [...] Read More

Location Search The new normal for Home Insurance Securing homeowners insurance for a new home, and even continuing an existing home insurance policy has evolved into a new dynamic, driven by location. If your location is what we refer to as low hazard, you should have options. If your exposure/risk is high it could be [...] Read More

Protecting your Wine Is your collection safe? It’s not unusual in our area for homes to include a wine cellar or for someone to spend a significant amount of money to add a temperature controlled cellar in order to house growing inventories of fine wine. "Is your collection safe?" But is the wine well protected? [...] Read More