Insurance for Commercial Real Estate Owners and Operators
Where portfolio programs fall short:
Growth across properties, markets and entities changes what a program has to do. These are the gaps we raise first.
Rising construction and labor costs can leave insured values behind what it takes to rebuild. The shortfall shows up after a loss, when it is too late to fix.
Higher deductibles, tighter sublimits and new exclusions shift risk from the carrier to the owner. A renewal can look familiar and cover less than last year's program.
Flood and water damage are commonly excluded from standard commercial property policies. Many owners find the gap after a loss, so check flood limits and rental income by location now.
Loan covenants and lease terms set insurance requirements at every property. When insurance joins an acquisition or refinance late, those requirements can slow the deal or change its economics.
A portfolio risk review for your leadership team. No obligation.
Our Practice Group Advises:
Where We Focus for Commercial Real Estate
Insured values checked against current construction and labor costs, so the limit matches what a rebuild requires.
Whether flood is covered at all, and at what limits, across each location. Sublimits, waiting periods and deductibles tested for water losses.
Whether income continues if a property becomes unusable, and for how long, so a loss does not strain tenants or lenders.
Catastrophe exposure mapped across the portfolio, since it increasingly drives both pricing and available capacity.
How much risk to keep and how much to transfer, organized across properties, entities and lenders around a total-cost-of-risk view.
Insurance cost and coverage reviewed before you close, plus planning for projects in progress and the move to a stabilized asset.
About Liberty
Liberty has consistently been recognized as one of the most dynamic, fastest growing companies as well as one of the best places to work in the insurance industry, including being recognized as the #1 Fastest Growing Privately Held Insurance Broker in the U.S. over the past four years by the Hales Report.
Liberty is not your typical insurance broker: We are a culture-first organization, and believe “If you put people first, good business will follow.” Our goal is to clear the path of political and administrative distractions so our valued team of creators can focus on their Highest And Best Use (HABU), which is what they love to do, what they do best, and therefore, is best for all of us.
