You need apartment insurance. You know you need apartment insurance. So you finally call that 800 number you keep seeing in commercials.
National Insurance Carrier: “Thank you for calling National Insurance Company! What can I help you with?”
You: “I’m looking for renters insurance for my apartment. In New York.”
National Insurance Carrier: “No problem. Just a few questions to ask. How old is your boiler?”
You: “Um, did I mention I live in an apartment in New York? How would I know how old the boiler is?”
National Insurance Carrier: “We’ll come back to that question. Do you have a finished or unfinished basement?”
You: “I don’t even know if there is a basement…”
You can’t blame them. The majority of people calling a national 800 number for insurance for their homes probably live in the suburbs, in single-family residences. Here in New York City, though, the situation is different. Most of us live in multi-family buildings with older infrastructure. Everything costs more here — rents, maintenance fees, labor costs — and that means your insurance needs are different.
If you’re looking for an insurance company that takes the headache out of apartment insurance, and really understands the insurance needs of the New York apartment renter, look no further than Gotham Brokerage. Gotham has over fifty years of experience working with New Yorkers, so they can easily pinpoint what the costs of rebuilding and replacement would be. (more…)