Skip to main content

Starboard Focuses on Two Primary Areas of Exposure for Commercial Property Owners

1

THE EXPOSURE
Leases require tenants to maintain certain insurance to cover the landlord in the event of a claim involving the tenant’s use, occupancy and/or activity at the premises. 

THE SERVICE YOU NEED
Collecting evidence of, and tracking tenant insurance, as required by lease agreements.

HOW WE DELIVER IT

  • Collect directly from tenants their proof of insurance via email.
  • Review and track such insurance information without the need for landlord and/or its property manager to access, maintain or update any database or software.
  • Directly follow up with tenants for renewal information.
  • Advise property managers and landlords on delinquencies.

2

THE EXPOSURE
Landlords can be held strictly liable for injuries from construction-related activities (like falls from a ladder), regardless of whether the contractor was hired by a tenant.

THE SERVICE YOU NEED
Policies of contractors retained by tenants must be reviewed and vetted for adequacy.

Ensure the contractor policies are timely renewed with appropriate insurance.

HOW WE DELIVER IT

  • Establish a process to collect and review contractor insurance policies for adequacy.
  • Rectify inadequacies as needed.