NYC home insurance for lofted residences

Moving into a loft or warehouse space is for many the quintessential New York experience. Whether you are leasing or have purchased the property, NYC home insurance may assist in protecting your possessions and keeping your new home safe.

In the first instance, property owners will require insurance for the building, and enough to cover the complete reconstruction in the event that they are struck by a major disaster. It’s always advisable to create a home inventory, which is a list of all of your significant possessions – furniture, clothing, electrical items, jewelry etc. This may be handy should you ever need to claim, and in the interim it’s useful to determine how much contents insurance you should take out. When you have moved into a condo or similar environment, the master policy should cover the actual dwelling, but you’ll need to be aware of the coverage extended by that insurance policy so you are aware of your personal insurance needs. Lofts and warehouses tend to be older buildings, so do always keep a regular check on electrical wiring, heating and other systems.

When you’re ready to move into your very own loft, make sure you’re prepared by having NYC home insurance in place. Professional advice may be useful, so remember that an agent is just a phone call away.

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