Liability Insurance and Commercial Leases

Posted by: Garrett K.

We have a few articles on the site that are helpful in describing a small businesses insurance needs as it relates to real estate but I just ran into an interesting article that I thought I should pass on. As a small business, you are going to need workers compensation insurance and potentially health insurance. To open up a fixed location for your business, the landlord will require that you maintain genereal liability insurance.

 

The usual limits are $1,000,000 per occurence and $2,000,000 per aggregate. The article below details other elements to consider:

http://www.smartbiz.com/article/articleview/2503/1/8/

 

Last updated: 01.31.2009 02:58 PM