Insurance

Cap, Spread Out Insurance Deductible Pass-Through

March 26, 2012    

Keeping the operating costs that you pass through to tenants low gives your shopping center or office building a competitive edge. So, to keep insurance costs low while making sure that you have adequate coverage, consider a policy with low premiums and a high deductible. But if you pass through...

Don't Accept Proof of Insurance by Fax

August 31, 2011    

If your lease requires the tenant to give you proof that it has the necessary insurance policies, don't accept the tenant's proof by fax. That's because it's easy for an unscrupulous tenant to “create” the required proof by cutting and pasting documents together, then...