What Is Lessors Risk Insurance & Who Needs Coverage?

Lessor’s risk insurance protects the owner of rental property from lawsuits and other forms of damage

Real estate owners benefit from a lessor insurance policy by shielding themselves from legal action by their lessees or by a client of a lessee who experiences any type of physical or property damage while in the owner’s space.
This form of insurance enables its policy holders to choose coverage criteria that determine the maximum amount the insurer will be obligated for in a single case. Once this maximum amount has been reached, the policy holder is responsible for the remaining amount. It is important to note that providers of lessor insurance do not work directly with customers. Instead, a customer works with a broker or agent who specializes in this type of insurance vehicle. In addition, to be eligible for such a policy, a candidate usually must lease out an entire building or occupy no more than 25 percent of a designated space for his personal or business use.
If your interested in a Lessor’s Risk policy and would like  more information please e mail us at mfusco@mjfinsurance.com
Licensed in NY NJ CT PA MD NC SC TX & FL

About FuscoInsuranceAgency

Independent Insurance Broker - Personal & Business Insurance, Life, Health, Retirement, Benefits, Bonds Gold & Silver Bullion & Coins Advisor / Sales President of Fusco Insurance Agency, Inc. Providing Solutions For Your Insurance & Retirement Needs! Licensed in NY NJ CT PA MD NC SC TX & FL fuscoinsuranceny.com E Mail: mfusco@fuscoinsuranceny.com Toll Free: (866) 983-8726 Fax (866) 299 - 7990
This entry was posted in Asset Protection, Atlantic City, New Jersey, Atlantic County, New Jersey, Available In NY,NJ,CT,PA,MD,SC,NC,TX & Fl, Avon, New Jersey, Basking Ridge, New Jersey, Bayonne, New Jersey, Beaver County, Pennsylvania, Bedford County, Pennsylvania, Bedminister, New Jersey, Belmar, Belmar, New Jersey, Bergen County, New Jersey, Berks County, Pennsylvania, Blair County, Pennsylvania, Bradford County, Pennsylvania, Bridgewater, New Jersey, Bridgewater, NJ, Brielle, New Jersey, Brooklyn, Brooklyn, New York, Broome County, New York, Bucks County, Pennsylvania, Burlington County, New Jersey, Commercial Property Rental Owners Insurance, Lake Buena Vista, Florida, Landlord Insurance, Lessor's Risk Insurance, Miami- Dade, Florida, New Smyrna,Florida, Orlando,Florida, Uncategorized. Bookmark the permalink.

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