HCP helps you solve unique property risks.
Whether you’re renting out a multi-family home, a few apartments, or just your own condo, your property is your largest investment. Property damage, liability and lost income lead to lost sleep. You won’t find a better advocate to protect your interests than Honig Conte Porrino.
As specialists in New York City landlord insurance, we have your back. Being a landlord is not an easy job and your insurance needs go beyond a homeowner’s policy. You worry about things like the costs of claims for tenant slip and falls and coverage for damage to appliances and fixtures. We’ll walk you through the options and help make complicated issues easier. Here are just a few.
Proper residential landlord insurance.
If you have a claim on a rental but the policy does not adequately reflect that you have tenants, the insurer can deny the claim. For example, does your current policy say Homeowners Insurance only and not mention anything about Rented to Others? We’ll help you get the right coverage to protect yourself and your property.
Cost.
You don’t want to overpay but you don’t want coverage gaps that can prove costly in the long run. We’ll explore your insurance to property value ratio and help you weigh the pros and cons. We’re not part of the sell it and forget it crowd – we’re with you for the long haul.
Lost income.
If your property is uninhabitable due to a covered loss, your budget can take quite a hit. Loss of Rent coverage can reimburse you for lost income, and we’ll help you zero in on the right level of coverage.