Tenants, guests and lenders each create different requirements for people who own real estate as investments.
Coverages we usually review
- Commercial property
- General liability
- Umbrella or excess
- Loss of rental income
- Windstorm and flood
Where gaps often show up
- Lender requirements
- Vacancy and renovation limits
- Tenant insurance requirements in leases
Questions worth asking
- Do my limits meet my loan documents?
- What happens if a unit or building is vacant?
- Should my leases require tenants to name me as additional insured?
General information only. Actual coverage depends on your policy, and coverage is not in force until confirmed in writing by the agency.