The KNOG

Landlords Increasingly Looking to Shift Insurance Obligations to Tenants

Feb 27, 2017 1:16:27 PM / by George Grace posted in Landlords, Liability Insurance, Tenants, Leasing Space, THE KNOG, Commercial Building, Business Interruption Insurance

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Landlords Increasingly Looking to Shift Insurance Obligations to Tenants

Landlords have recently become more aggressive in trying to shift some of the costs of insurance that they traditionally carried onto their tenants. In a large commercial building, the cost of all of these policies can be significant. Essentially, the insurance requirements increase the cost of leasing space. Tenants should be wary of the extra costs these insurance requirements can impose. 

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