maryvan Jan 26, 2011 12:03 PM
Have a customer in Illinois who owns some land. There is a popeyes on the land which is owned by someone else. They are paying her for the rental of the land. How can she cover herself for liability on this land since it is a business rental.
Temblor1 Jan 27, 2011 12:37 PM
She can buy a simple GL policy, there's nothing unusual about the situation.
Temblor1 Jan 28, 2011 3:57 PM
I should have added - there should be a clause in the lease whereby the Popeyes owner should hold her harmless from any liability arising out of their operations.
gregcw Feb 1, 2011 2:17 PM
In addition to the 'hold harmless' in the lease, they should also be named as an 'additional insured' on the tenants policy and require a cerificate. It does sound like it may be to late for this on the current lease but should be required at the lease renewal.
maryvan Mar 4, 2011 3:36 PM
Regarding a general liability policy, what classification can be used for this type of policy
YMC Mar 8, 2011 2:02 PM
Land leased to others.
Yvonne~
ymcnamara@marketscout.com
www.marketscout.com/msw
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