Things To Think About

The right coverage for your home or business should be determined by the details of your
needs. We've raised some of the issues you should consider carefully in the questions
below---see us to get the right answers and the right coverage.

Home and Car Insurance
  • As a condo or co-op owner, which parts of my apartment am I responsible for insuring, and which parts is the building responsible for?
  • If I renovate my house or apartment, do I need to make any changes to my insurance coverage?
  • If I hire a contractor to do work in my house or apartment, what insurance do I need to make sure they have? What paperwork, if any, do I have to ask them for?
  • Is my jewelry covered while I’m traveling? What if I lose a piece of jewelry, rather than it being stolen?
  • Do all insurance policies require that I rebuild my home or apartment in order to receive "replacement cost coverage?"
  • What is flood insurance, and how does a flood claim differ from a "water damage" claim?
  • Am I covered if I lend my car to someone and they have an accident?
  • If I insure my classic car under a classic car policy, will there be any restrictions or limitations I need to be aware of?
  • Does my artwork or jewelry have to be specifically listed, or can it simply be covered on "blanket" basis? What are the advantages and disadvantages of each option?
  • Do I need to have any specific insurance if hire a nanny? What if we have someone come only once or twice a week? Does it matter if we pay her "off the books?" What if she’s in the US illegally? Do any of these factors change what are insurance needs are?
Professional and Commercial Insurance
  • When our employees rent cars for business, do we need to buy the coverage offered by the car rental company?
  • If we sublet a portion of our office to another company, do we need to be concerned about their coverage or our coverage?
  • If we source any of our products from overseas, does that change our needs for product liability coverage?
  • When an attorney joins or leaves our law firm, how does that change our malpractice coverage?
  • Does our policy automatically cover "employee dishonesty?" What if it turns out that someone who was not an employee stole money? Does that change how much coverage applies?
  • If an employee who claims we discriminated against him and sues us, does our regular liability coverage protect us? What if that person has applied for a job with us, and claims that we discriminated against him by not hiring him? Does that invalidate the coverage?
  • If the boiler breaks and we have to have it replaced, is that covered under our building property coverage?
  • If there's a power outage and all our refrigerated goods spoil, are we covered? What if there's a power outage that affects the entire region (but didn't result from a local fire or accident)? Does that change things?
  • Each time a client our vendor asks for a certificate of insurance, does that increase our premium? What if they have to be named as an "additional insured" on our policy–does that affect us in any way?
  • If someone hacks into our website and shuts it down, are we covered? If they steal customer information, are we liable? Would we be covered in that scenario?