What is Business Interruptions Insurance? Many commercial property insurances may have an additional endorsement on their policy that adds coverage for income loss and/or profits in the event of loss or damage to their business. This endorsement may protect the business owner for losses the business sustains as a result of a direct loss, damage,Read More
The Benefits of a Renter’s Insurance Policy Are you renting a home? With this year’s onslaught of horrible hurricanes, fires, earthquakes, and other storms, it may be time to consider purchasing a renter’s insurance policy. Renter’s insurance is an insurance policy that protects a renter and his or her property in the event of aRead More
Should I Insure Jewelry Under my Home Owner’s Policy? A standard homeowner’s insurance policy typically covers personal property for around 50 to 70 percent of the amount of insurance on the home. For example, if the property is insured for $500,000, the coverage for property can be anywhere from $250,000.00 to $350,000.00. This would includeRead More
Hurricane Insurance: Can I Buy Last Minute Coverage? Hurricane Insurance: Can I Buy Last Minute Coverage? With hurricane season upon us, and having seen the devastation caused by Hurricanes Harvey, Irma, and Maria, you may be considering buying hurricane insurance. If you live in an area that is regularly hit by hurricanes, you probably keepRead More
Did you Know? Named Storms & Their Impacts on Policy Deductibles Did you know that insurance companies have named-storm deductibles? That’s right, insurers place clauses within policies that allow them to charge a higher deductible than normal, once a storm is named by the National Weather Service. Named storm deductible can apply to a weatherRead More
For over 20 years, The Law Office of Craig A. Blumberg has provided effective and forthright legal services for clients in New York facing commercial or residential property damage insurance claims, including storms, floods, fire, theft and vandalism. Our firm handles legal matters in all five boroughs, Westchester County, Nassau County, and Suffolk County. When insurance claims go awry, our firm is ready to fight for your rights and the future of your property.