Commercial Property Archives - Metropolitan Risk Advisory

Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos

Commercial Property, General Liability Insurance, Marketplace News, New York, Real Estate Practice Group, Risk Management

Are you wondering why the renewal for your apartment building insurance for your rental building, Co-op or Condo has gone up by north of 20% ? This little primer might help explain why. The Chinese have a proverb, “may you live in interesting…

Having The CORRECT Business Interruption Insurance Determines If Your Business Survives

Commercial Property, Other

Business Income Insurance or Business Interruption Coverage is not only the most often overlooked insurance coverage, but the error rate in how it's calculated is over 90%, and I am being generous here. Skeptical, pull your policy. My guess…

The Time to Find Flood Insurance at a Great Price is Now

Claims Management, Commercial Property, Risk Management

Flood Danger The need for flood insurance at a great price has become a critical necessity for most property owners. A new report from independent researchers shows nearly double the properties across America are in danger of major flood damage.…

Business Interruption Insurance Coverage For Business Continuity

Commercial Property, Construction Practice Group Content, Food & Beverage Practice Group Content, Human Services Practice Group Content, Risk Management, Transportation Practice Group Content

Most business owners view the whole insurance purchase and claims process as a black art, which this writer completely understands. After 25 years in the business, I too scratch my head at some of the “spells” insurance carriers concoct. Let…

Commercial Insurance 101: An Introduction to Insurance

Commercial Auto, Commercial Property, Construction Practice Group Content, Directors & Officers, Food & Beverage Practice Group Content, General Liability Insurance, Human Services Practice Group Content, Line of Insurance, Transportation Practice Group Content, Vlogs, Workers Compensation Insurance, Workers Compensation Premium Audits

Commercial Insurance is one of those things that every company has but not every company understands. In some cases, a person is chosen to be put in charge of the insurance buying process and this person is usually an HR person who has a very…

Builders Risk Policies Do Not End at the Expiration Date

Commercial Property, Construction Practice Group Content

Very few purchasers of Builder's Risk insurance are aware that coverage ceases in two ways and not just at policy expiration. At expiration as everyone is aware , coverage also ceases when a project, recently completed is awarded it's…