The insurance section deserves attention before you sign
Commercial leases commonly assign responsibility for property, liability, repairs, and lost income. Your attorney should interpret the lease, while your insurance professional can help identify requirements that affect the policy.
Questions to bring to the review
Ask these questions while there is still time to clarify the agreement and obtain accurate coverage options.
- Which party insures the building, improvements, glass, equipment, and inventory?
- What liability limits and additional-insured wording are required?
- Does the lease require business-income or extra-expense coverage?
- Who is responsible for HVAC, plumbing, signs, and other installed property?
- Are waivers of subrogation, primary wording, or special certificates required?
Match the policy to the actual operation
A restaurant, contractor, retailer, professional office, and warehouse can occupy similar spaces while presenting very different risks. Describe the operation accurately, including cooking, deliveries, customer traffic, employees, equipment, and any work performed away from the premises.
Leave time for certificates and landlord review
Landlords may require proof of insurance before keys are released. Starting the insurance conversation early gives the agency time to review the lease language, confirm available coverage, and prepare certificates without delaying opening day.