About This Coverage

About This Coverage

The Lessor's Risk product protects owners of rental property from lawsuits and damages. Real estate owners are protected from legal action by lessees or clients of a lessee in the event of bodily injury or property damage while in the owner's space.


State Eligibility

Eligible State

State Not Available


Industries Available

  • RetailTrade

    Retail Trade

  • RealEstate

    Real Estate Rental and Leasing


Coverage Limits

Up To



Key Features

  • Business owners package coverage form that automatically includes over 15 unique coverage enhancements
  • Up to $5,000,000 in total Property Values
  • Business Income coverage offered on an Actual Loss Sustained basis up to $250,000
  • Up to $1,000,000/$2,000,000 in General Liability limits
  • Ability to entertain restaurant tenants with commercial cooking exposures
  • Ability to consider public or private parking exposures
  • New class for Land Leased to Others - up to 1,000 acres

Preferred Classes

  • Lessor�s Risk Land leased to others
  • Lessor�s Risk Maintained by insured
  • Lessor�s Risk Maintained by tenant(s)
  • Parking Private - Incidental Only
  • Parking Public - Shopping Centers - Maintained by the insured - Incidental Only
  • Parking Public - Shopping Centers - Maintained by the lessee - Incidental Only


Underwriting Guidelines

  • Up to 25,000 square feet
  • Up to 3 stories
  • Eligible tenants include retail, restaurants, service, office, apartment tenants and more


Submission Requirements

  • ACORD Application, fully completed and signed
  • Supplemental Application
  • 3-5 Years of Loss Runs
  • Send submissions to quotes@ospreyuw.com