Insuring Your Multi-Use Building
When you choose to mix work and play, there are always unique insurance implications that must be accounted for. For example, if you own a multi-use building, you cannot just opt for home insurance in Astoria, New York or business insurance in Astoria, New York. Rather, you must opt for a policy that meets your unique insurable needs.
Since your multi-use building is not your typical one family house and definitely not your standard business, it is important that you opt for an exclusive policy that accounts for the unique risks your multi-use building is susceptible to. For example, if you operate a coffee shop downstairs but live with your family upstairs, you will need to account for threats that may affect both parties of the shared premise.
Multi-sue buildings are vulnerable to the following common exposures:
- Fire
- Water Damage
- Theft
- Vandalism
- Liability
- Earthquake
- Flood
- Employee Dishonesty
- Mechanical Breakdown
- Rental Income
- Building Ordinance
At 01 Insurance, we are experienced in providing unmatched insurance solutions for multi-use properties. There is no reason to opt for a policy that only covers half of your property, rather, we will walk you through the process of customizing a building insurance policy that protects your living space and your biggest investment equally.
Contact 01 Insurance in Astoria for all of your New York building insurance needs. When it comes to business insurance in Astoria, New York, we can help you maximize the security of your biggest investment.