How Brooklyn Brownstone Owners Save on Insurance With Custom Policies

Sponsored By Brownstone Agency, Inc.

The Brownstone Agency, Inc. has been providing quality and affordable insurance coverage for brownstone, townhouse, and multi-family owners, and condo and co-op boards since 1973.

Created By Brownstoner

In a city where brownstone values continue to soar, savvy Brooklyn multi-family homeowners are discovering a smarter approach to insurance. Gone are the days of one-size-fits-all policies that force owners to pay for coverage they don’t need.

“The traditional brownstone insurance market has been treating these unique properties like cookie-cutter homes for far too long,” said Laura Allocco, commercial lines director of Brownstone Agency. “Each Brooklyn brownstone has its own story, its own features, and should have its own tailored insurance solution.”

Breaking Down the Old Model
Typical insurance carriers operate on a rigid percentage-based system, where additional coverages are automatically tied to the building’s value. This often results in Brooklyn homeowners paying for unnecessary coverage simply because their property values are high – a particular concern in neighborhoods like Park Slope, Brooklyn Heights, and Fort Greene.

Brownstone Agency is disrupting this model by offering:

• Removal or reduction of unnecessary coverage components
• Building limits based on actual replacement costs rather than inflated values
• Mid-term policy adjustments without penalty
• Direct collaboration with underwriters for accurate valuations

“We’re seeing clients save significant amounts by eliminating redundant coverage,” Allocco said.

For brownstone owners, this flexible approach translates to:

• Lower premiums through elimination of unnecessary coverage
• More accurate property valuations
• Ability to adjust coverage as needs change
• Insurance that reflects the unique characteristics of their property

This customized approach to insurance might just be the cost-saving solution many brownstone owners have been seeking.

Need to Know: Before adjusting your current policy, consult with insurance professionals that have been doing this for more than 52 years, who understand the unique characteristics of Brooklyn brownstones, and can evaluate your specific coverage needs.

Ready to secure your Brooklyn property’s future? Contact Brownstone Agency to learn more about locking in your rate until 2028.