Apartment Buildings Can Get Environmental Coverage.Program Brokerage Corp., the insurance program-management subsidiary of aye Group, is offering owners and managers of apartment buildings insurance for environmental risks.
Initially, the program will be offered in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey and Connecticut.
Residential buildings are subject to environmental risks that include carbon-monoxide poisoning from a cracked flue flue
see underflue. pipe; pollution from leaking underground oil tanks; and illness resulting from application of insecticide insecticide
Any of a large group of substances used to kill insects. Such substances are mainly used to control pests that infest cultivated plants and crops or to eliminate disease-carrying insects in specific areas. . The program also includes cleanup expenses for a covered location.
The program provides up to $1 million in coverage for each location. There is a $2,500 deductible That which may be taken away or subtracted. In taxation, an item that may be subtracted from gross income or adjusted gross income in determining taxable income (e.g., interest expenses, charitable contributions, certain taxes). , and premiums start at $1,000 for a three-year term.