Lessor’s Risk

Underwriting Summary

• All commercial tenants must carry their own General Liability Insurance naming the applicant as additional insured with equal or greater limits.
• The plumbing, HVAC, wiring and roof need to be updated in the last 30 years.
• Maximum of 2 apartments.
• Most tenant occupancies are eligible
• Buildings must be wholly leased to others, with less than 10% occupancy by owner for rental or building maintenance.
• All buildings must sustain a minimum occupancy rate of 80%.

Applications
Click here to submit a one-page quick-quote application

Coverages
Package: Property & General Liability

Deductible
$500
$1,000
$2,500
Higher Deductibles Available

Optional Coverages

• Business income and extra expense
• Building owners endorsement
• Lobby and hallway furnishings owned by the insured are included in building coverage
• Building ordinance and law