Do you have business property or properties that you lease out to others?
Good business practice dictates that you take adequate measures to protect other people and/or their property against any damage your leasing company and/or its property may cause. This is the coverage afforded by business liability insurance — in this case, lessors risk insurance.
Certainly, the value of the property itself should be carefully monitored. Replacement costs currently far outstrip sales values. Pay very close attention to that dynamic.
IB&C offers an extensive ability to quote lessor’s risk coverage from several carriers for your properties.
Request a Lessor’s Risk Insurance Quote
Request a quote from one of our attentive, thorough and local brokers to find out which lessor’s risk insurance policy would be right for you.