Are remote employees exposing you to cyber attack risk?

Remote employees may expose organizations to increased risk of cyber attack, such as phishing. If your business can continue with employees working remotely, you’ve avoided many of the risks connected to COVID-19, aka coronavirus.What you may not realize is that other types of risk and liability have now greatly increased.If employees have access to servers, networks and sensitive data [...]


Homeowner Spring Safety Tips

Now is a great time to make safety checks in and around your property. These spring safety tips will get you started. Here in the Northeast—particularly in the New York City area—the arrival of spring has gotten lost in the ever-evolving coronavirus pandemic. The combination of warmer weather and executive orders to stay home makes now the perfect time [...]


We’re Still Open for Business

March 19, 2020During this unprecedented time, our office remains open, and we are ready to serve you. As always, you can pick up the phone and speak to a real person about your questions and needs. If the phones are busy, you'll receive a prompt response.Here at the City Building Owners Insurance Program and Somers Agency, we're continuing to conduct [...]


What Insurance Does a Landlord Need?

What insurance does a landlord need? This article covers both basic landlord insurance and optional coverage you may want to consider. If you’re considering renting out your property and you’re not planning on living there, chances are, your homeowner’s insurance won’t cover potential damages and liability. You need landlord insurance. But what type of insurance does a landlord need?Many [...]


Water in Your Building: What’s Covered, What Isn’t?

Landlords and homeowners need to know what types of water coverage their insurance policy includes before water damage occurs. Every day, at least one water main breaks in New York City.The big breaks can flood subway tunnels and close streets, making life difficult and inconvenient for commuters, residents and business owners.The smaller breaks might only be a minor annoyance [...]


Tenant Discrimination Insurance: What It Is and Why You Need It

Tenant Discrimination Insurance protects landlord, manager, or owner from accusations of discrimination. You don’t discriminate against potential or current tenants. You’re careful to treat everyone equally. So why do you need Tenant Discrimination Insurance?Because your potential liability goes far beyond your own words and actions. In some cases, what one of your tenants does to another could even be [...]


NYC Sidewalk Law Raises Stakes for Out-of-Possession Property Owners

Landlords can require tenants to be responsible for sidewalk winter conditions per the lease agreement, but meticulous details are advised. You’re an out-of-possession landlord. To satisfy NYC sidewalk laws, the agreement you have with your tenants specifies that they’re responsible for, among other duties, snow and ice removal from the sidewalks in front of your building.For years, courts have [...]


Throwback Thursday: Quality Service Is the Secret to Success

Some things never change... and that's a good thing. We came across an article written 19 years ago featuring our agency. All of our "Secrets to Success" still ring true, and our clients are certainly happy for our expertise and longevity. The article mentioned several keys to which the Somers Agency (including City Building Owners Insurance Program) can attribute its success. [...]


The British Crown Jewels Are Uninsured!

Recent estimate states that the entire Crown Jewels collection is worth more than £2.7 billion. It's unbelievable how such a rare, incredibly valuable collection like the British Crown Jewels is uninsurable. Your precious collection may be worth slightly less than £2.7 billion so it would be worth your time to inquire about its insurability.  The following article was provided courtesy [...]