Lost-Income Insurance Protects Co-ops and Condos After a Disaster (NY)

/ Owner - January 30, 2020

Imagine your building suffers a fire or some other catastrophic event, and several units become uninhabitable. The shareholders or unit-owners vacate during renovations, which means the co-op’s or condo’s monthly income declines while bills still have to be paid. Will your Business Income Insurance carry you through the restoration if it drags on longer than a year?   Read the article…………………………..

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