insurance
… offset the expenses of owning a place in New York Citylike your mortgage and maintenance paymentsbut a lot goes into your role If youre renting out … to your incoming tenant with a receipt Some coop and condo boards impose additional fees on owners calculated either …
… to make sure the property is insured to its full value Your policys cost will depend on the value of your home its … because a condo or coop building will have a master policy that protects the entire property including its … spaces and the board in the event of a lawsuit A master policy however doesnt eliminate the need to insure your own …
… and cracking and coverage is usually done as a supplemental policy that kicks in after damage to a building exceeds your policys deductible These policies often have high … He said that one Manhattan condo building had a master policy with a $100000 deductible for earthquakes under the …
… see a property that is a frequent shopper and switch their policy every year or two they may start to decline coverage …
