"If you own a Brooklyn brownstone or multi-family building, you've surely noticed a troubling trend: Insurance rates have climbed more than 20 percent annually in recent years. Each time a policy comes up for renewal, property owners face steeper premiums-and 2026 shows no signs of reversing this pattern. The true cost of rising rates Consider this scenario: A brownstone policy costing $10,000 today could jump to $12,000 at renewal. Over three years, these increases compound significantly, adding thousands to your insurance costs. For multi-family property owners, these increases directly impact their bottom line and can force difficult decisions about rent increases or deferred maintenance."
"The Brownstone Agency difference While other agencies can only offer standard one-year policies at whatever rates are available when you renew, Brownstone Agency provides a unique alternative-a three-year prepaid policy option that lets you: Lock in current 2025 rates through 2028 Avoid multiple years of rate increases Maintain predictable insurance costs Secure coverage from A-rated carriers Work with brokers who know your neighborhood"
"A strategy that makes sense It's simple: The three-year prepaid option is smart financial planning. By securing your rate now, you gain budget certainty and protection against market volatility. This approach has paid off for property owners who've watched their insurance costs climb steadily over the past decade. Brownstone Agency's deep understanding of Brooklyn properties, developed over 50 years in the market, means they can often find coverage options other brokers miss. Their relationships with multiple carriers ensure competitive rates, while their local expertise helps property owners get the right coverage for their specific needs."
Insurance rates for Brooklyn brownstones and multi-family buildings have risen more than 20 percent annually, producing compounding premium increases at each renewal and straining owners' finances. Brownstone Agency offers a three-year prepaid policy that locks 2025 rates through 2028 to avoid multiple years of increases and provide budget certainty. The option secures coverage from A-rated carriers and leverages brokers with deep local knowledge and five decades of market experience to find competitive, tailored coverage. This approach reduces pressure to raise rents or defer maintenance and converts unpredictable year-to-year risk into a fixed insurance expense.
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