Habitational insurance, sometimes also called "lessor's risk insurance," covers owners of properties leased for commercial purposes against losses or damages related to injuries on the property or some tyes of property damage not covered by a tenant policy. This may include costs related to legal defense even if the owner or landlord is found not liable.
LRO insurance is often purchased by owners of retail spaces, office buildings, and warehouses, often referred to as "lessors" or "landlords."
Something many businesses don't know is that commercial insurance carriers have preferences for which types of businesses they insure.
The problem for most business owners is that they don't know which carrier is the best fit for their business, leading to high premiums or declined applications for coverage .
The 321 LaunchPad is connected to the largest network of commercial insurers available anywhere. We match your business with a qualified insurer so you get the right coverage for a fair price.