Real estate insurance in Rochester, Buffalo, Syracuse, Albany and NYC.

Real estate investment is an exciting, and sometimes risky, venture. There are unique liabilities and factors to consider when insuring your property. We’ll help manage those risks and keep your investment protected.

If you invest in real estate, getting the right insurance coverage is a vital way to protect that investment, although there are several risks to take into account.

First, you’ll need the same basic protections as with standard landlord insurance. These include must-haves like personal liability and property damage, plus optional extras that are well worth considering, such as insurance against lost rent while a property is being repaired.

Next, you’ll need to check how your policy deals with periods when properties are vacant. Some risks are higher during this time, such as those associated with a burst pipe or a fire. If nobody’s in the property, these disasters might not be discovered until the damage is severe.

If you are doing improvement work on a property, such as a renovation or extension, you may need builders risk and installation insurance. This covers liability for injuries to construction workers and protects against damage to property, such as vandalism or severe weather, while the property is still under construction and more exposed.

Since 1987, we have been partnered with New York State Real Estate owners and managers to offer solutions to help them control their Workers’ Compensation costs.

Our Real Estate Workers’ Compensation Safety Group is underwritten through the New York State Insurance Fund and members share a common expiration date of January 1st. Eligible participants receive an upfront discount and the potential for a year-end dividend. In addition, we offer New York State Statutory Disability insurance at “members only” rates.

For those real estate management firms who also have properties outside of New York State, we have national insurance carriers who have an expertise in handling multi-state Workers’ Compensation.

If you would like to learn more about why real estate owners and managers trust The Flanders Group for their insurance solutions, please call Heather Dougherty  at 585-641-2601.

Let’s discuss your real estate insurance.

One of our insurance advisors will reach out to you to review your information and present you with the appropriate real estate insurance solution. There’s no obligation, just good-old-fashioned advice.
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The Flanders Group offers comprehensive real estate insurance throughout all of New York state, including Rochester, Buffalo, Syracuse, Albany, New York City and Long Island.