Lessor's Risk Only (LRO) Insurance

Lessor's risk only (LRO) coverage for owners who lease commercial buildings to tenants, placed wholesale through Baker. The application handles up to three locations.

What we can cover

• →General liability for the building owner's exposure as landlord
• →Property for the building itself
• →Loss of rents, where the carrier offers it

Who it's for

• ✓Owners of strip centers, retail, and office buildings leased to tenants
• ✓Single-tenant and multi-tenant commercial buildings
• ✓Investors with up to three leased locations
• •The owner shouldn't occupy the building; owner-occupied space is usually a different policy
• •Have tenant names, uses, and lease insurance requirements ready

How to place it through Baker

• →Fill out the application yourself, or send your client a secure link
• →It comes back to our desk with you listed as the producer

** Terms used here are a summary only. Availability varies by location and risk, and all coverage is subject to underwriting. Always refer to the policy for actual terms, conditions, and exclusions.