01
Habitational general liability
The exclusion schedule on your habitational general liability specifically lead, mold, assault and battery, and animal liability
Coverage Review Long-Term Residential & Rental
Habitational is a hard market in New York, and in a hard market the exclusions do more work than the limits. Lead, mold, assault and battery, and habitability are routinely carved out of the forms available to residential managers, and fair housing exposure has expanded faster than most programs have. What a residential program does not cover is the thing worth reviewing.
Start the ReviewWhat We Look At
02
Fair housing & tenant discrimination
Fair housing and tenant discrimination coverage, including source-of-income discrimination, which is now prohibited statewide
03
Security deposit handling
Security deposit handling, which New York treats as a statutory trust rather than ordinary revenue
04
Wrongful eviction & habitability
Wrongful eviction and habitability allegations, and whether your errors and omissions form responds to them or excludes them
05
Employment practices exposure
Employment practices exposure, which in residential management arrives through building staff as often as through office staff
06
Coverage territory & program structure
Whether coverage territory and program structure hold across markets with very different building stock and enforcement
WHAT TO SEND
Three documents get most of the way there.
Three documents get most of the way there: your management agreements, your current declarations pages, and your vendor certificate log. If you have a claim history or a renewal quote in hand, send those too. If you have none of it organized, send what you have assembling it is part of the work.
WHAT YOU GET BACK
A written summary of what does not line up.
A written summary of where the program does not line up with what you have agreed to carry, ranked by what would actually hurt. Not a quote sheet. If the conclusion is that your current program is sound, that is what the summary will say, and there is no obligation attached to it.