--- title: Lessors Risk Only Insurance description: Own commercial property? Learn more about your insurance options image: https://blog.clarkeandsampson.com/hs-fs/hub/289889/file-2098121352.jpg --- - [** ](https://twitter.com/clarkesampson) - [** ](https://www.linkedin.com/company/clarke-%26-sampson-inc) - [** ](https://www.facebook.com/clarkeandsampson) [**703-683-6601](tel:17036836601) [     Client Portal](https://portal.csr24.com/mvc/6601690) [![clarke&sampson](https://blog.clarkeandsampson.com/hubfs/Clarkeandsampson_November2018%20Theme/images/logo.png "clarke&sampson")](http://www.clarkeandsampson.com/) - [** ](https://twitter.com/clarkesampson) - [** ](https://www.linkedin.com/company/clarke-%26-sampson-inc) - [** ](https://www.facebook.com/clarkeandsampson) [**703-683-6601](tel:17036836601) [     Client Portal](https://portal.csr24.com/mvc/6601690) # Clarke & Sampson Blog # Lessors Risk Only Insurance Scott Jefferson | Friday, January 1, 2021 Share | Facebook Twitter [Email ](mailto:?body=https://blog.clarkeandsampson.com/blog/lessors-risk-only-insurance) Lessor’s Risk Only (LRO) Insurance, also known as Landlord’s Insurance, is a specific type of property and liability coverage designed for building owners. This type of insurance package is common among owners of apartment buildings, warehouses, retail buildings, commercial office space, shopping centers, and more. **What is covered?** A lessors risk insurance package includes both commercial property insurance and general liability insurance, which addresses a wide range of perils.  Common claims scenarios covered under a lessors risk insurance package include: | - Weather-related damage - Slip and fall - Vandalism - Fire - Burst pipes - Water backup |      ![office1.jpg](https://blog.clarkeandsampson.com/hs-fs/file-2098121352-jpg/Blog_Photos/office1.jpg?width=169&name=office1.jpg) | | --- | --- | **Considerations** Underwriting requirements can vary from carrier to carrier, but nearly all insurance providers will look to confirm that the building is cared for and is at least 75% occupied. When obtaining coverage for older buildings, insurers will also verify that renovations and/or updates have been made to the roof, HVAC systems, eletrical, and plumbing.  If your building is financed or you intend to obtain financing when purchasing a commercial rental property, your lender will likely require that you obtain lessors risk insurance in advance of the settlement and maintain the coverage for the life of the loan.  If you own and lease out a commercial property, LRO coverage is a must-have. To learn how to protect your investment, call Scott Jefferson at (703) 683-6601. [![Learn More](https://no-cache.hubspot.com/cta/default/289889/2aaa9965-04eb-4835-a5c0-24332e4a075a.png)](https://cta-redirect.hubspot.com/cta/redirect/289889/2aaa9965-04eb-4835-a5c0-24332e4a075a) Share | Facebook Twitter [Email ](mailto:?body=https://blog.clarkeandsampson.com/blog/lessors-risk-only-insurance) #### Contact Clarke & Sampson, Inc Office: 703-683-6601 Fax: 703-739-8967 228 S.Washington St. Ste. 200 Alexandria, VA 22314 [Send an Email](mailto:sjefferson@clarkeandsampson.com) - [** ](https://www.facebook.com/clarkeandsampson) - [** ](https://twitter.com/clarkesampson) - [** ](https://www.linkedin.com/company/clarke-%26-sampson-inc) The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by Agency Revolution to provide information on a topic that may be of interest. Agency Revolution is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2018 Agency Revolution. [Privacy Statement](http://www.clarkeandsampson.com//legal) | [Contact Us](http://www.clarkeandsampson.com/contact-us) ![Trusted Choice](https://blog.clarkeandsampson.com/hubfs/Clarkeandsampson_November2018%20Theme/images/1.jpg)  ![Independent Insurance Agent](https://blog.clarkeandsampson.com/hubfs/Clarkeandsampson_November2018%20Theme/images/2.jpg)  ![PIA](https://blog.clarkeandsampson.com/hubfs/Clarkeandsampson_November2018%20Theme/images/3.jpg)  ![Google](https://blog.clarkeandsampson.com/hubfs/Clarkeandsampson_November2018%20Theme/images/4.png)