As a commercial tenant, the type of insurance coverage you need will depend on the terms of your lease agreement and the nature of your business. Generally, landlords will require tenants to have commercial property insurance and liability insurance.

Commercial property insurance is designed to protect your business property against loss or damage caused by certain events such as fire, theft, or natural disasters. This type of insurance may cover your building, equipment, inventory, and other assets.

Liability insurance, on the other hand, covers your business against claims of bodily injury or property damage caused by your business operations. This type of insurance may also cover legal fees and settlements if you are sued by a third party.

In addition to these two types of insurance, there may be other types of coverage that your landlord requires or that are recommended based on the nature of your business. For example, if you have employees, you may need workers’ compensation insurance to cover workplace injuries.

It’s important to review your lease agreement and speak with an insurance professional to ensure that you have the appropriate coverage for your specific business needs.