Claim Center
We're in the business of helping people, providing prompt and personal claims service when you need us the most.
Call 877-242-2544 anytime, day or night, to report claims. You may also contact your independent agent to report a claim.
Plan & Protect
Reduce risks and enjoy peace of mind with these tips and insights to protect what matters most.
When leasing a building, you have an obligation as a tenant to compensate the building owner for damage caused by your operations. It pays to be familiar with your insurance policy to assure that you have no coverage gaps or surprises in the event of a loss.
Almost every standardized commercial insurance policy provides tenants with some coverage for certain types of loss under these circumstances. This coverage can usually be found in a Commercial General Liability endorsement and is usually very limited.
Historically, the endorsement was known as “Fire Damage Legal Liability,” which explains some of the coverage limitations found in many policies. Generally, insurance protection:
Some limitations of coverage worth considering include:
To combat the shortfalls of the “Damage to Premises Rented to You,” tenants have options:
With a little knowledge, you will be better equipped to obtain the appropriate coverage limits needed to protect your interests and the interests of others in the event of a covered loss. See your local independent insurance agent for advice on the best way to protect your business.
This loss control information is advisory only. The author assumes no responsibility for management or control of loss control activities. Not all exposures are identified in this article. Contact your local, independent insurance agent for coverage advice and policy service.