Lessors Risk Property (LRO) Insurance
Protect your commercial rental property with insurance designed for property owners and landlords.
If you own commercial property and lease it to tenants, Lessors Risk Property Insurance helps protect your building, liability exposure, and rental income.
At MKE Insurance, we work with multiple carriers to help property owners find coverage that fits their specific property, tenant types, and risk profile.
What Lessors Risk Insurance Covers
Typical coverage may include:
• Building Coverage – Protection for the structure against fire, wind, vandalism, and other covered losses
• General Liability – Protection if someone is injured on your property
• Loss of Rental Income – Coverage if damage prevents tenants from occupying the building
• Property Owner Liability – Protection against claims related to the premises
• Optional Equipment Breakdown Coverage
Coverage varies by property and insurer, so it is important to review the details with an experienced advisor.
Who Needs Lessor's Risk Insurance
Lessors Risk Property Insurance is commonly used by owners of:
• Retail strip centers
• Office buildings
• Restaurants leased to tenants
• Mixed-use buildings
• Apartment buildings
• Commercial investment properties
Many lenders also require this coverage for financed properties.
Example Risks Property Owners Face
Property owners face exposures such as:
• Slip and fall injuries on the premises
• Fire or storm damage to the building
• Loss of rental income after a covered loss
• Liability claims from visitors or tenants
Proper insurance helps protect both the property and the income it generates.
Wisconsin Lessors Risk Insurance Coverage
Property Owners & Lessors Risk Insurance
We proudly serve Property Owners and Lessors in:
Milwaukee
Waukesha
Madison
Fox Valley
Appleton
Green Bay
Brookfield
New Berlin
Menomonee Falls
Oak Creek
Southeast Wisconsin
