A fire severely damages the warehouse you leased to a distributor. Only then do you learn that the distributor reduced the limits on his property insurance. You’re on the hook for $75,000 in repairs.
Fireman’s Fund offers a Triple Net Lease endorsement that protects property owners who have transferred the obligation to purchase insurance to their tenants. If the tenant fails to purchase appropriate insurance, Fireman’s Fund covers the loss on a contingent basis.
To learn more, contact a > Fireman's Fund independent agent.