Lessor Risk Insurance That Helps Protect Your Property.
Owning a commercial property comes with unique responsibilities when leasing space to other businesses. Our agents compare options from 20+ top-rated carriers to help build insurance solutions tailored to your buildings, tenants, and property ownership needs.
THE FIRSTMARK CHALLENGE
A better way to review coverage.
Four simple steps. Zero obligation.
Have A Conversation.
We shop the markets.
Review the results.
You decide.
- Licensed in 39 states
- 20+ Insurance Carriers
- Headquartered in Edmonds, WA
- Independent & Unbiased
Commercial Property Ownership Comes With Risks—Your Coverage Shouldn’t Be Complicated
With FirstMark Insurance’s dedicated commercial insurance team, you get local experts comparing coverage from over 20 insurance carriers to help protect your commercial buildings, rental operations, and liability exposures—with strong coverage and competitive pricing.
Lessor Risk Insurance
Owning a commercial building and leasing space to tenants can be a valuable investment, but it also creates unique risks and responsibilities. Whether your property is used for offices, retail businesses, warehouses, or other commercial purposes, having the right insurance coverage is an important part of protecting your investment.
Lessor risk insurance is designed for commercial property owners who lease part or all of their building to others. This type of coverage can help address risks associated with property ownership, tenant occupancy, and liability exposures.
What Is Lessor Risk Insurance?
Lessor risk insurance, sometimes referred to as lessor’s risk only (LRO) insurance, is designed for property owners who rent commercial space to tenants. If an accident, injury, or property-related claim occurs at your building, the right coverage can help provide important protection.
Commercial landlords may face claims involving tenants, visitors, vendors, or others who come onto the property.
Coverage Options May Include
Depending on your property and insurance needs, coverage options may include:
- Commercial property insurance
- General liability insurance
- Building coverage
- Premises liability protection
- Business income coverage options
- Umbrella liability coverage
- Additional property-related coverage options
- And more
How Much Coverage Do Property Owners Need?
The amount of insurance needed can vary based on several factors, including the size of your building, number of tenants, property use, lease agreements, and overall risk exposure.
Owners with multiple commercial properties may need different coverage solutions depending on how each property is used and structured.
Protecting Your Commercial Investment
Every commercial property is different. A small office building may have different insurance needs than a retail center, warehouse, or multi-tenant property.
Our team can help you compare lessor risk insurance options from multiple carriers to find coverage designed around your property, tenants, and long-term investment goals.