Lessors Risk Insurance
When you lease commercial space to tenants, their business activity becomes your liability exposure. Lessor's Risk insurance protects property owners from the risks that walk through the door with every tenant who signs a lease.
Your Tenants Run Their Business. This Policy Protects Yours.
Owning a commercial building and leasing it to business tenants puts you in a unique position. You are not running the business inside your property, but you can still be held responsible for what happens there. Lessor's Risk insurance, sometimes called Landlord's Risk or LRO coverage, is specifically designed for commercial property owners who do not occupy their own buildings. It protects your structure, your rental income, and your liability as the owner of a space where other people conduct business every day.
Commercial Property Coverage
Protects the physical structure of your leased commercial building against fire, storm, vandalism, and other covered perils that could damage the property and disrupt tenant operations.
Premises Liability
Covers bodily injury and property damage claims arising from incidents on your property, protecting you when a tenant's customer, employee, or visitor holds you responsible for their loss.
Loss of Rental Income
Compensates you for income lost when a covered event damages your building and prevents your tenants from occupying and operating within the space during repairs.
Medical Payments Coverage
Pays reasonable medical expenses for individuals injured on your property regardless of fault, helping resolve minor incidents quickly before they escalate into larger liability claims.
Insurance Unlimited Benefits
Local Expertise
We understand life in the West and the risks that come with it. From mountain roads to sudden storms, our team knows how to match coverage to the realities of our communities.
Personal Relationships
Insurance is not one size fits all. We take the time to get to know you, your family, or your business so your coverage reflects what matters most.
Trusted Support
When the unexpected happens, you will have a partner who stands with you. Our agents are here to guide you through claims, answer questions, and provide peace of mind every step of the way.
Individual Commercial Property Owners
Whether you own a single strip mall unit or a standalone commercial building, your exposure as a landlord is real and ongoing. Lessor's Risk coverage protects your asset and your income without requiring you to carry a full commercial business policy.
Real Estate Investors with Commercial Holdings
Investors managing multiple leased commercial properties need coverage that scales with their portfolio and addresses the distinct liability profile of owning occupied business space across multiple locations and tenant types.
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If You Own It and They Lease It, This Coverage Is Yours
Lessor's Risk insurance is designed for a specific type of property owner, one who profits from leasing commercial space but does not operate a business within it. If that describes you, a standard commercial policy likely leaves significant gaps in your coverage.
Real Stories from
Our Community
We’re proud to protect what matters most to our neighbors. These real stories from real clients reflect the trust, service, and peace of mind that define Insurance Unlimited.
Frequently Asked Questions
Your success is at the heart of everything we do. As trusted insurance agents, we’re here to provide clear answers and expert guidance, helping you navigate challenges, uncover opportunities, and achieve lasting growth.
Is Lessor's Risk the same as commercial property insurance?
They overlap but are not the same. Standard commercial property insurance is typically designed for businesses that own and occupy their buildings. Lessor's Risk is specifically structured for property owners who lease their commercial space to others and do not operate a business on the premises themselves. The key distinction is occupancy. If your tenants are the ones conducting business in your building, Lessor's Risk is the coverage that fits your role as the owner, not the operator.
Don't my tenants' business policies cover incidents at my property?
Your tenants' policies cover their own business operations and liability, but they do not protect you as the property owner. If a customer slips on a cracked sidewalk outside your building, or a structural issue contributes to an injury inside the leased space, the claim may come directly to you regardless of what your tenant's policy says. Lessor's Risk ensures you have independent coverage for your liability as the owner of the property, separate from whatever protection your tenants carry for their own businesses.
What happens if my building sits vacant between tenants?
Vacancy is one of the most important coverage gaps commercial property owners face. Most standard policies significantly reduce or suspend coverage once a building has been unoccupied for a set period, often 30 to 60 days. During vacancy, your property is more vulnerable to vandalism, water damage, and liability claims from unauthorized entry. Discussing vacancy provisions with your agent before a tenant moves out ensures you understand exactly where your coverage stands and what options are available to protect your building during the transition.
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Protect your home, your business, and your future. With Insurance Unlimited, you’re covered every step of the way, from plains to peaks.
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