Lessor’s Risk Insurance

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Insurance for Commercial Landlords & Building Owners

Owning a commercial building means managing risks that go far beyond the tenant’s space. Injuries in common areas, damage to the building structure, vacancy-related exposures, and the financial impact of rent loss can threaten your investment. Lessor’s Risk Only (LRO) insurance is designed specifically for commercial landlords — providing liability and property protection for retail, office, warehouse, and mixed-use properties.


Whether your building is in Glendale, Burbank, Pasadena, La Crescenta, or throughout Los Angeles, Orange, and Ventura counties, we help ensure your coverage aligns with tenant operations, lease requirements, and regional hazards.

What Lessor’s Risk Insurance Covers

Person falling down stairs.

Coverage for slip-and-fall claims, parking lot incidents, walkway hazards, and accidents in areas under landlord control.

Building with shield and checkmark, possibly representing safety or security.

Protects the building from fire, vandalism, water damage, storms, and other covered events. Applies to exterior and interior elements the landlord owns.

Calendar icon with a dollar sign.

If your property becomes unusable due to a covered loss, LRO can replace rental income while repairs are made — critical for landlords relying on monthly revenue.

LRO vs Standard Property & General Liability Policies

Lessor’s Risk Only coverage is specifically structured for landlords who lease their buildings to tenants, providing combined property and liability protection. While standard property and GL may seem similar, LRO fills key gaps by addressing:


  • Liability in shared/common areas

  • Building owner exposures vs tenant operations

  • Rent loss tied to building damage

  • Responsibility allocations defined in commercial leases

We help evaluate your leases to ensure your policy and tenant requirements work together — preventing disputes or uncovered losses.

Steps:

  • We review your rent roll, tenant mix, and current lease agreements.

  • We confirm liability responsibilities between landlord and tenant.

  • We evaluate building age, updates, and regional hazards.

  • We compare LRO markets for retail, office, and warehouse properties.

  • We help issue COIs and ensure tenants carry required coverage.

Lessor’s Risk for California Properties

Commercial buildings across Southern California face unique challenges due to age, weather, and local ordinances. These factors influence both insurability and policy requirements.

Property Type Key Concerns Notes
Multi-Tenant Retail Centers Foot traffic, shared parking lots, slip-and-falls Common in Glendale, Burbank & Pasadena
Office Buildings HVAC, electrical failures, tenant improvements Require updated systems & code compliance
Warehouses Fire risk, forklifts, large inventories Tenant operations significantly affect exposure
Older Buildings Retrofit, seismic, code/ordinance issues May need Ordinance & Law coverage
Properties Near Hillsides Wildfire & brush exposures Relevant for La Crescenta & foothill areas

For help determining the right policy, reach out anytime.

FAQs About Lessor’s Risk Only Insurance

  • Do I need LRO insurance for my strip mall or retail center?

    Yes — if you lease space to tenants and maintain responsibility for common areas, LRO coverage helps protect you from liability and property losses.

  • How does lessor’s risk insurance work in California?

    It insures the building you own while allowing tenants to insure their own operations. It also covers landlord liability and rent loss after covered events.

  • Does my tenant’s policy protect my building?

    No. Tenants insure their operations; landlords insure the building. Leases should require tenants to carry liability insurance and list you as an additional insured.

  • Can you insure partially vacant buildings?

    Yes — we work with carriers that specialize in hard-to-place or partially vacant properties.

  • What information is needed for a quote?

    A rent roll, tenant list, building details, updates, occupancy breakdowns, and recent loss history.

Next Steps to Insure Your Building

To get started, gather your rent roll, tenant mix, and building details, then request a review. We help commercial landlords of retail, office, mixed-use, and warehouse buildings throughout Los Angeles, Orange, and Ventura counties secure dependable LRO protection.