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I am a commercial landlord and my tenants are supposed to have liability insurance, per their lease agreement.

by toastforbrekkie

Question by bcpark713: I am a commercial landlord and my tenants are supposed to have liability insurance, per their lease agreement.
I am having trouble trying to get them to obtain insurance because they think they don't need it,even they they already legally agreed to get it. I have three questions, how can I make sure they get it and also, what are the possible legal repercussions to them(my tenants) and to me(landlord), if they don't get liability insurance? Am I prone to legal action if any of my tenants are sued?

Best answer:

Answer by kemperk
a; I see no reason why you care
about them having liability ins.
It only affects them if they have
a customer who is hurt doing biz
with then.

b; you are 99.5% fee of liability
in tenant/customer cases.

c; if you still feel adament about it,
prepare to buy some with you
as a beneficiary and then,
send them a bill, with a copy
of the lease.

d; why didn't you ask to see a copy
of their insurance policy before you
permitted them to sign a lease?

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