Ideal Accounts and Appetite
This program targets property owners who lease to third-party tenants. Typical appetites include:
- Retail strip centers or standalone storefronts
- Office buildings leased to professionals and small businesses
- Light industrial and warehouse spaces
- Mixed-use buildings with commercial tenants on lower floors
You might place a small shopping center with multiple tenant suites or a landlord leasing office space to consultants—both are good fits for this program when tenant operations are low- to moderate-risk.
Coverage Highlights and Advantages
M.J. Hall’s Lessor’s Risk program provides core liability protections and options commonly requested by landlords and their brokers:
- General Liability – Primary limits up to $3,000,000 per occurrence / $5,000,000 aggregate
- Hired and Non-Owned Auto – Available and included for eligible accounts
- Medical Payments – $5,000 limit for minor injured-party exposures
- No Deductible Required – Simplifies placement and reduces owner out-of-pocket expense
The program is structured to address common tenant-related liability exposures such as slip-and-fall incidents, third-party property damage, and premises liability arising from leased spaces.
Underwriting Notes and Minimum Premiums
Minimum premiums typically start at $500, though final minimums depend on location, total exposed square footage, tenant types, and loss history. We work with multiple carriers to tailor solutions; higher-hazard tenant classes or properties in poor repair may require additional underwriting review or placement in the surplus lines market.
Territories and Availability
This program is available in: Alaska, Arizona, California, Hawaii, and Nevada. Admitted options are available in some states, and M.J. Hall can access excess & surplus markets when admitted coverage is not appropriate.
Why Work With M.J. Hall & Company, Inc.
As an established Excess & Surplus Lines Broker, M.J. Hall delivers broad market access and responsive underwriting for lessor liability placements. We focus on pragmatic solutions for landlords and their brokers — matching appropriate limits and coverages to the property and tenant mix while guiding you through admitted and non-admitted placement options.
Examples of accounts that fit this program: a local landlord owning a multi-tenant retail strip with diverse small businesses; or a property owner leasing light industrial units to non-hazardous storage and distribution tenants. In both cases, you’ll be able to structure primary liability limits, include HNOA where needed, and pursue admitted or E&S placement based on the state and risk profile.
For more information about Lessor’s Risk Insurance, please feel free to call or email.
Frequently Asked Questions
What types of accounts are a good fit for M.J. Hall’s Lessor’s Risk program?
Landlords of retail centers, office buildings, light industrial properties, and mixed-use commercial spaces with low- to moderate-risk tenants are primary targets for this program.
Is this program available on an admitted basis?
Yes. Admitted options exist in some states, and M.J. Hall also places risks with non-admitted carriers when admitted coverage is not available or suitable.
What is the minimum premium for this program?
Minimum premiums typically start at $500, but actual minimums vary by state, property size, tenant mix, and loss history.
Which states is this program available in?
This Lessor’s Risk program is currently available in Alaska, Arizona, California, Hawaii, and Nevada.
Are high-risk tenant classes eligible?
High-risk tenants may be considered on a case-by-case basis. Expect additional underwriting review and potential pricing adjustments for hazardous operations or properties with significant physical hazards.
Need help placing an account? Connect with a market specialist.