As a commercial property owner, safeguarding your investment is paramount. Real estate insurance provides the essential coverage to protect your property from unforeseen risks businesses face, which can encompass property damage, liability, business interruption, and specialized coverages like equipment breakdown. The scope of real estate insurance is broader than most personal insurance because businesses often…

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Northeast Ohio has seen two major hailstorms in the last two weeks. Accompanied by straight line winds in excess of 70 miles an hour, the roofs of apartments and smaller strip shopping centers have taken a beating. After the storms we have had, it is imperative that you inspect your roof for damage, once it…

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Greater Cleveland has many older apartment buildings however many of them still have fuses. Fuses were the norm prior to circuit breakers being installed in new construction to help wires from overheating and causing electrical fires. Fuses still work well when properly sized, however, in very old fuse boxes or overtime, the wrong amperage fuse…

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It was great to have my son home for the holidays last month even if we did not have the greatest weather on Christmas. When my son got back to New York City on December 30 (the first day Southwest Airlines was back “on-line” that could be another blog) he called me in a tizzy…

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Understand some of the major conditions that can affect the operation of your heating boiler this winter. From Lakewood to Cleveland Heights, Greater Cleveland has some beautiful older apartment buildings. Most of these apartments are heated with cast iron boilers either using steam or hot water to operate the systems. Hartford Steam Boiler, one of…

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Be aware of what? A huge liability exposure for you as the owner of residential rental properties and apartments in Greater Cleveland. Be aware of carbon monoxide – the odorless, colorless gas that is produced any time fossil fuel is burned. Gas ranges, ovens, furnaces and boilers are some of the sources that can produce…

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Bed Bugs, an unseen liability risk! I received a frantic call from an apartment owner late last Monday that one of his east side Cleveland apartments had bed bugs, and is he liable for the damage they may cause to his tenants. I said I would look into it, but in the meantime call the…

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 No, not the 1976 song by the Steve Miller Band but the money after a loss on your apartment building. A couple of weeks ago, one of my customers referred his brother-in-law to me for a quote. The brother-in-law was purchasing his first income property, a single-family dwelling in a Cleveland suburb. I gathered the…

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Preparing for winter can save you from a large property loss. Winter and freezing temperatures are forecast to roar back into Northeast Ohio in the next 24 hours or so, but there is still time to get out and complete a few simple tasks to help protect your property. You may also discover additional items…

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Recently, I wrote about a prospect in Rocky River who was purchasing her first apartment building. The prospect owns several single-family rental units and the discussion revolved around properly insuring the garage. It was confirmed that the garages must be listed on the declarations page when insuring apartment buildings on a commercial form. This difference…

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