insuranceOwners Landlords and Tenants Liability (OLT)

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olt insurance liability coverage

Owners Landlords and Tenants Liability

Liability insurance for designated premises is not just for large or complex businesses. At the same time, most homeowner insurance, business and auto insurance may have liability insurance coverage. If someone is involved in acquiring a new building or renting a new location, there may be a gap in liability coverage. 

When someone visits premises as above, liability insurance on the location will protect the owner, landlord or tenant (Otherwise known as OLT Insurance).

An incident such as skid and fall on an icy walkway or failing to clear a spill from an aisle often create a premises liability exposure for which liability insurance protection is crucial.

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