Building Owners

Lessors Risk, also known as Landlord Insurance or Building Owners’ Insurance, is designed to protect those who own commercial buildings and rent the space to others. Our product is designed for buildings principally occupied by offices, retail, service and wholesale businesses.

Protect your commercial rental properties with the right business insurance

Merchants has a variety of coverages available for your protection.

General Liability (GL) Insurance

Helps protect you when your tenants and their employees and customers are injured on your property due to a defective condition for which you are responsible, for example, if a customer slips or falls. Merchants has liability coverages available to help protect you such as:

Employment Practices Liability (EPL)

EPL coverage protects you against claims of discrimination, sexual harassment and wrongful termination.

Cyber Liability Coverage (Not available in Vermont)

This optional coverage provides comprehensive data security and privacy coverage that addresses both first party losses and third party liability claims, expert claims handling and breach response services in the event of a suspected breach, and a risk management website which provides information, guidelines and tools to help mitigate risk before a breach occurs.

Hired Auto and Non-Owned Auto Liability Coverage

Provides excess liability coverage for personally-owned or rented autos used by you and your employees for your business (Optional Coverage unless separate auto policy is in place)

Commercial Property Insurance

Building and Business Personal Property Coverage protects you against loss to your physical assets such as your building, its contents, and your equipment. Merchants has property coverages available to help protect you such as:

Equipment Breakdown

Equipment Breakdown coverage responds to the cost of repairing or replacing mechanical, electrical or pressure systems equipment that suffers a breakdown.

Outdoor Signs

Coverage applies to your outdoor signs, whether or not they are attached to buildings that are within 1,000 feet of the described premises and are damaged by a covered loss.

Employee Dishonesty

Covers loss due to theft committed by your employees.

Water Backup and Sump Overflow

Provides coverage resulting from water which backs up through sewers or drains or which overflows from a sump pump.

Money saving discounts for:

  • Protective devices for fire or burglar alarms
  • Automatic sprinkler systems
  • Multiple policies with Merchants Insurance Group
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