Lessor's Risk Only (LRO) insurance for California commercial property owners and landlords. Your tenants carry insurance for their operations — but your building, your premises liability, and your rental income stream are your responsibility. Wellington Partners Insurance Services structures LRO programs that protect the investment, not just the structure.
Owning commercial real estate creates liability exposure that follows the property — not the tenant. Even when a tenant's operations cause an injury, the property owner is frequently named as a co-defendant simply by virtue of ownership. A customer slip-and-fall in a tenant's space, a structural defect claim, a fire that displaces multiple tenants — these events land on the property owner's doorstep regardless of what the lease says.
California's commercial real estate market also exposes landlords to unique challenges: rent cessation clauses in leases, lender insurance requirements, and tenants who let their own coverage lapse. A properly structured LRO policy protects the building, the rental income stream, and the ownership entity — the three things that make a real estate investment worth holding.
An LRO policy is built for property owners who lease to commercial tenants — covering the building and ownership liability that tenant policies do not address.
Protects the physical structure, permanently installed fixtures, and landlord-owned improvements from covered losses — fire, wind, vandalism, water damage, and more.
Covers bodily injury and property damage claims arising from ownership of the property — including common areas, parking lots, and building systems.
Replaces lost rent if a covered loss makes the building or a portion of it uninhabitable during repair — preserving your income stream while the property is restored.
Additional insured endorsements and lease compliance management ensure the property owner has recourse when tenant operations cause damage or injury.
No-fault medical payments for visitor and tenant injuries on the property — resolving minor incidents before they escalate to GL claims.
Coverage for landlord-owned HVAC, electrical, plumbing, and elevator systems against breakdown and covered physical damage.
Commercial property insurance for landlords requires understanding the lease structure, tenant mix, lender requirements, and the ownership entity's liability exposure. Wellington Partners Insurance Services has structured LRO programs for California commercial property owners across every property class.
Get a Lessor's Risk insurance California quote — start your quote or call (818) 492-4355.
Protect your commercial property investment with LRO coverage from Wellington Partners Insurance Services. Call (818) 492-4355 or request a quote today.
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