Lessor Insurance

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  • Lightning fast insurance for lessors

  • Fast, convenient insurance on our mobile-friendly website

  • Realize your savings with insurance from CoverWallet

  • All-in-one, risk-free insurance for lessors

Coverage Plans for All Your Needs


Essential coverages to meet client demands

General Liability (GL)

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  • Coverage against claims from bodily injury, property damage and personal injury
  • Coverage for products/completed operations


Protect your business against service errors

General Liability (GL) + Errors & Omissions (E&O)

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All Basic plan benefits and:

  • Professional negligence
  • Retroactive claims (previous contracted work)
  • Subcontractor errors


Get protected against employment-related issues

GL + E&O + Workers Compensation*

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All Standard plan benefits and:

  • Coverage for work-related accidents and disease and subsequent:
    • Ongoing medical care (such as rehab)
    • Missed wages during recovery

*plus Workers Compensation


When you have specific requirements

Including Commercial Auto, Equipment Breakdown, etc.

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We will take care of the switching hassle.

Call us at (646) 844-9933 for help and more information

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Frequently Asked Questions

Why do Lessors need insurance?

This real estate industry includes establishments that act as lessors for different types of property, including residential buildings, agricultural property, farmland, auditoriums, commercial buildings, mini-warehouses, and self-storage units. Establishments may also be involved in the rental of these spaces.

Insurance impacts your relationship with your landlord. If you have insurance, you tell the landlord that you’ll be able to cover any damage that occurs to your property as the landlord won’t complete the repairs after damage during your lease. This then builds up your landlords' trust, and the chance of getting the lease that you want is high. Also, in a lawsuit, the insurance will cover most of the fees until its limits. Therefore, your business and personal assets are protected.

What risks do Lessors face?

Here are some of the risks that you may want to consider for getting insurance:

  • If an individual is injured inside your property you are at risk of a liability claim. It can be anything like a simple slip and fall claim.
  • When there is property damage or loss inside your leased property, you as the lessor will have to pay the cost to repair or replace it.
  • Insurance covers you from these types of losses. Without any insurance, you could be left owing huge sums of money.

How much does the Lessor Insurance cost?

The cost of lessors insurance will depend on the size of the property and the coverage required. To find out the cost of your insurance policy, apply for a free quote online or give our insurance experts a call.

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CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.

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I didn’t know what type of insurance I needed for my new business so I called CoverWallet and the agent provided me with everything in under an hour!

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Laura Campbell, Distributor

There is nothing more that CoverWallet could have done to make the process any faster or easier. They made it as painless as possible.

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Honest and Transparent

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Anthony Williams, Contractor

I was extremely satisfied with all services and communications with customer support. I would definitely recommend to others. Thank you CoverWallet!

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