Coverage Guide
Lessors Risk Insurance
Property insurance designed specifically for landlords and real estate investors, covering rental properties and liability exposures.
Who Needs Lessors Risk Insurance?
Property owners who lease space to tenants need lessors risk insurance. This includes residential landlords, commercial property owners, and real estate investors. The coverage protects the building and provides liability coverage for incidents on the property.
Residential landlords
Commercial property owners
Real estate investment companies
Property management firms
Shopping center owners
Industrial property investors
1 in 4
rental properties file claims annually
Common Risks Protected Against
Lessors Risk Insurance helps protect your business from these common exposures and potential losses.
Building Damage
Coverage for damage to the rental property structure.
Premises Liability
Protection when someone is injured on your property.
Loss of Rental Income
Coverage for lost rent when property is uninhabitable.
Fire & Smoke
Protection from fire damage to rental units.
Water Damage
Coverage for burst pipes and water-related damage.
Vandalism
Protection against malicious damage to property.
What's Typically Covered
Building structure and fixtures
Common areas and amenities
Landlord-owned appliances
Outdoor structures (fences, signs)
Premises liability
Loss of rental income
Legal defense costs
Medical payments for injuries
Common Exclusions
Tenant's personal property
Tenant improvements
Flood damage (separate policy)
Earthquake (unless endorsed)
Intentional damage by landlord
Normal wear and tear
Industries That Commonly Need This Coverage
Frequently Asked Questions
Common questions about lessors risk insurance
General Liability insurance protects your business from claims of bodily injury, property damage, and personal injury (like slander or libel) caused by your business operations, products, or employees. For example, if a customer slips and falls at your location, or if your work damages a client's property, General Liability would cover legal defense costs and settlements.
Review your coverage at least annually at renewal time, but also whenever your business changes significantly. This includes adding employees, purchasing equipment, expanding locations, taking on new types of work, or signing contracts with specific insurance requirements. Regular reviews ensure you're not over-insured or dangerously under-insured.
Yes, most insurance carriers offer monthly payment plans. While paying annually often provides a small discount, monthly payments help with cash flow management. Some carriers charge a small fee for monthly billing. We can explain your payment options and help you choose what works best for your business budget.
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