CondoPak

Understanding Fraudulent Slip and Fall Claims and the Importance of Sidewalk Maintenance for Building Owners

According to the National Insurance Crime Bureau, New York City is the number one city in the country for questionable slip and fall claims.Slip and fall accidents can happen to anyone, anywhere, and at any time. However, for building owners, these incidents aren’t just unfortunate occurrences—they can also be the source of significant legal and […]

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Unveiling the Hazards of Batteries on E-Bikes

Electric bikes, or e-bikes, have gained immense popularity as a sustainable and efficient mode of transportation. With their eco-friendly appeal and ability to cover longer distances with ease, e-bikes have become a go-to option for many commuters. However, amidst the rising trend of e-bikes, it’s crucial to shed light on an often overlooked aspect –

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Understanding the Assessment of Condominium Building Risks

Let’s look at some of the factors that insurance companies look at when assessing a risk. Commercial condominium buildings are an integral part of the real estate landscape, housing tenants, a variety of businesses and serving as hubs for economic activity. Insurance coverage plays a crucial role in protecting these valuable assets from potential risks

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Hurricane Season is Rapidly Approaching…

The 2019 Hurricane season begins on June 1st! Now is a great time to remind your client’s to review their coverage since hurricane’s are so closely associated with insurance. The hurricane season runs through November 30th, however, most of the storms hit during peak hurricane season which is between August and October. Although each hurricane season is unique, you should prepare the same way every year because these predicted powerful tropical storms wreak havoc on communities when they make landfall. It is beneficial that severe weather such as hurricanes and tropical storms can normally be tracked days ahead of any impact which provides ample time to prepare for a potential evacuation. In spite of such warnings and tracking, each year thousands are left unprepared for these devastating storms and have to deal with their aftermath.

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