According to an article from GlobeSt.com sister publication, ALM's Property Casualty 360, insurance-related risks are not always obvious and could result in a costly uninsured surprise for commercial leaseholders.
The articles says that insurance professionals have the skills and experience to help insureds review the insurance provisions in their commercial leases prior to signing the documents. Although commercial lease agreements can be complex and time consuming to negotiate, the article says that business owners often fail to consult with their property and casualty insurance brokers on the implications of these contracts to their insurance needs or obligations.
To read more about how to extract all the risks related to insurance provisions in commercial leases and what happens if don't, check out the full story.
According to an article from GlobeSt.com sister publication, ALM's Property Casualty 360, insurance-related risks are not always obvious and could result in a costly uninsured surprise for commercial leaseholders.
The articles says that insurance professionals have the skills and experience to help insureds review the insurance provisions in their commercial leases prior to signing the documents. Although commercial lease agreements can be complex and time consuming to negotiate, the article says that business owners often fail to consult with their property and casualty insurance brokers on the implications of these contracts to their insurance needs or obligations.
To read more about how to extract all the risks related to insurance provisions in commercial leases and what happens if don't, check out the full story.
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