Helping to ensure that insurance isn’t a real estate deal breaker.
New York, NY – The last obstacle a mortgage broker or real estate agent wants to hurdle before helping their client close on a property is a hang up with homeowners insurance. Schaefer Enterprises, Inc. (SEI), a Manhattan-based insurance agency specializing in all aspects of business, personal and program insurance, is a quick turnaround specialist that can quote, bind and issue certificates within 24 hours.
SEI has direct relationships with eleven Personal Lines insurance markets writing nationwide, and maintains key relationships with all major wholesalers. According to SEI’s Director James Tallarico, SEI’s substantial track record and excellent relationships with all of the major carriers enables it to deliver where other insurance agencies may not.
“Our staff understands that time is of the essence when closing dates are fast approaching and deals are waiting on insurance certificates,” Tallarico said. “Where another agency cannot come through because it doesn’t have the scope of contacts that SEI does, we step in with quotes, binders and certificates within 24 hours of being called. We pride ourselves on our efficiency and we work with the urgency brokers and agents need in order to help them close the deal.”
Where other homeowners’ insurance agencies fail, SEI delivers
Often SEI is called on to save some very extreme situations, such as a sale that was unable to close for over six months because there was an issue with the flood insurance for the home. “With only a few days before the deal was going to be terminated, another agent referred me to SEI and they were able to come up with a solution. SEI managed to broker the transfer of flood coverage, provided all the necessary certificates to the bank, and the closing went through,” said Batya Joseph, an agent with Douglas Elliman.
Michael Rakeman, a branch manager with FH Loans, credits SEI for reviewing his customers’ current insurance placements and offering advice when they feel they can improve the coverage or obtain more favorable pricing. “During a re-finance every dollar counts. SEI has helped save our customers money and in a few cases those savings were enough to get the loan approved.”
VIP Insurance Services for Even the Most Discerning Clients
SEI also offers exclusive White Glove Treatment for the high-net worth clients of brokers and agents. These individuals are paired with a senior account executive who will schedule a face-to-face annual review with the client or their proxy, to audit all coverages and ensure that their protection is up to date. These clients also receive a unique internal code signifying their status when they contact the SEI team, and they are given priority access to carriers who limit the amount of risks they will insure on an annual basis.
“It’s not unusual to hear mortgage brokers and real estate agents say ‘I wish we had come to you sooner,’” said Tallarico. “Certainly calling SEI first would have saved them and their clients a lot of headaches. But when you consider how quickly we can turn around quotes and coverage, the old adage ‘better late than never’ holds up remarkably well.”
About Schaefer Enterprises, Inc.
Schaefer Enterprises, Inc. is a Manhattan-based insurance agency specializing in all aspects of business, personal and program insurance. In addition to offering insurance products for business, construction insurance, employee benefits, health insurance and medical malpractice insurance, Schaefer offers a wide selection of unique programs to suit the needs of specialized businesses, such as industry-specific coverage for urgent care centers, food and supermarkets, and non-profit insurance.