Insurance Coverage Q&A: Triple Net Lease and Coverage
When an insured has a triple net lease with the tenants, what coverage does the insured need on the property?
May 08, 2023 at 06:09 AM
X
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
I was wondering if there might be some information available as to why the owner of the Property of Buildings, that has a triple net lease with substantial Tenants, should carry their OWN Liability insurance and/or Property insurance?
This premium content is locked for
FC&S Expert Coverage Interpretation subscribers.
Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
Quality content from industry experts with over 60 years insurance experience, combined
Customizable alerts of changes in relevant policies and trends
Search and navigate Q&As to find answers to your specific questions
Filter by article, discussion, analysis and more to find the exact information you’re looking for
Continually updated to bring you the latest reports, trending topics, and coverage analysis
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].
FC&S Editors
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
When an association policy is nonrenewed and the new policy is substantially more so that unit owners are assessed for the increase in premium, can they file a claim under their loss assessment coverage for the increase?