If you lease a space to operate your business, your landlord might require renter’s insurance (also called tenant insurance). In other cases, renter’s insurance is not required under the terms of a lease, but might be desirable anyway.
The main thing to remember with regard to renter’s insurance for businesses is that you want to cover any incidents or property damage that will not be covered by your land will not cover.
Liability. Liability refers to responsibility for incidents that occur on your property (even rented property). In the event that a customer or an employee is injured within your office or retail space, you could be held liable for damages. Liability insurance covers those damages, up to a pre-determined dollar amount, and court costs as well.
Property damage. You should communicate very carefully with your landlord’s insurance usually is not adequate to offer protection for contents of the building.
Liability and income.
And on that note, give us a call so that we can discuss your business insurance needs in further detail.