If your business is renting or leasing a commercial property, unit or office space, one of the best ways to protect yourself is through tenants legal liability coverage. This type of insurance is built into a well structured commercial general liability insurance and offers plenty of benefits/protection to the tenant. And thanks to ALIGNED, finding tenant legal liability coverage just got easier. We have partnered with Canada’s top insurance companies, which means with a few clicks of a button, the gathering of some information about your business and space, we can obtain and compare policies on your behalf and help you find one that suits your needs. Plus, with a dedicated ALIGNED expert by your side, you can sit back and relax while we do the work and shopping around for you. Finding tenants legal liability coverage has never been so simple!

What is tenant legal liability coverage?
Tenant legal liability coverage protects tenants against liability for property damage they could cause while renting or leasing space to run their business. When a commercial tenant purchases tenant legal liability coverage, both they and their elandlord are effectively protected should something happen. For example, if an employee accidentally starts a fire and damages the building or a customer causes a flood in the bathroom which damages the space being rented and/or the units below it, tenant legal liability coverage can help pay for the costs to repair or replace the damaged property. This way, you don’t have to pay for the unexpected and often significant expenses out of pocket. Most landlords also make tenant legal liability coverage a condition of the lease, meaning the commercial tenant cannot rent the property without first obtaining and providing evidence of this type of insurance on a certificate of insurance.
What does tenant legal liability coverage include?
Your tenant legal liability coverage can protect you against the cost of any necessary repairs or replacements of physical assets as a result of property damage caused by your occupancy in a physical space. It can also include coverage for legal fees to defend your business in a lawsuit (if applicable), costs to settle a lawsuit brought against your business, and/or awards for damages you are required to pay in the case of a judgment against your business in court.
It’s important to note that the coverage included in tenant legal liability insurance varies based on the provider and limits can differ dramatically from one insurance company to the next. For this reason, we recommend reading your policy carefully to understand its terms, assess the potential damage you could cause the building you are renting or leasing and get pricing for various limit options to help determine the right amount of tenants legal liability insurance for you. An ALIGNED Insurance advocate is also always here to answer any questions you may have, walk you through the entire process, the policy itself, and explain any complicated industry jargon. At the end of the day, we want you to be 100% satisfied with your tenant legal liability coverage and clear on what your business is and isn’t covered.
Get ALIGNED with the best tenant legal liability coverage on the market.
You can call us at +18662870448. Click Here To Get A Quote or contact one of our business insurance experts for information or with any questions you may have.