Commercial Tenant Insurance
Are you running your business in a rented space and looking for the right liability coverage?
Good news – we’re business tenant insurance experts. Let us make it fast, simple, and affordable for you to get commercial tenants’ liability insurance.
Trusted by over 300,000 Canadian small business owners!
Save up to 35% on your insurance
Instant price and coverage in just a few clicks!
Trusted by over 300,000 Canadian small business owners!
Save up to 35% on your insurance
Instant price and coverage in just a few clicks!
Partnerships with over 50 leading Canadian insurance providers
Partnerships with over 50 leading Canadian insurance providers
Why Choose Zensurance?
We help Canadian small business owners save time and money by providing
a convenient and affordable way to buy business insurance.
Convenience
Purchase your insurance anytime, anywhere, with our easy-to-use online platform.
Cost
Compare rates across leading insurance companies to ensure you get the best price on your premium.
Curation
We use data and analytics to identify the right insurance policies for your business.
Claims Examples
Problem: A customer trips over an item that fell off a shelf in your store and sprains their wrists.
Outcome: The client successfully sues your business for bodily injury. Your tenant’s legal liability insurance could cover the legal expenses and medical fees, totalling $5,000.
Problem: After you’ve locked your office space for the night, your business is vandalized. While none of your office equipment is damaged, a large window has been smashed and the walls graffitied.
Outcome: You notify the landlord of the incident. Your commercial tenant insurance could cover the cost to replace the window and professionally clean the walls, totalling $15,000.
Problem: While decorating your rented office space, you accidentally drill a hole into a water pipe. Water damage destroys the carpeting.
Outcome: Your business tenant insurance could cover the cost to repair the carpet, totalling $15,000 in damages.
Tenant Legal Liability Insurance, Explained.
What is Tenants Legal Liability Insurance?
Tenants Legal Liability Insurance, also known as Commercial Tenant Insurance, is a form of commercial general liability insurance that protects your business against the day-to-day risks of running a business within a leased space.
Tenant Legal Liability Insurance typically covers the lawsuits and payments of claims related to third-party bodily injury (e.g., slip-and-fall) or third-party property damage. Before you rent a space, it’s common for a landlord to require Tenant Legal Liability Insurance, so they’re indemnified if you (or one of your colleagues) cause any damage to their premises.
What does it cover?
Tenants Legal Liability Insurance typically includes coverage for legal costs and damages related to the following coverage areas:
- Bodily Injury Liability: Injuries or damage to a third party resulting from your business operations.
- Third-party property damage: Costs to repair or replace the property of a third party, including damage to the landlord’s premises and property.
- Personal and Advertising Injury Liability: Allegations of defamation, libel, slander, or false advertising due to your services.
What does it not cover?
Tenant Legal Liability Insurance provides coverage for accidental injuries and property damage to third parties.
Here are some examples of what you would not be covered for under this coverage.
- Bodily injury to yourself or your employees;
- Contractual liability;
- Intentional or wrongful acts;
- Errors and omissions (you’ll need Professional Liability Insurance);
- Your personal property (look into Contents Coverage or Equipment Breakdown Coverage);
- A product you manufacture or sell (Product Liability would generally offer coverage); or,
- Third-party damage or bodily injury due to an alcohol-related incident (we recommend Liquor Liability Insurance if you serve alcohol).
How much does it cost?
You can anticipate spending $60 annually on a basic Tenants Legal Liability Insurance policy for a small business.
As every business is different, the following factors are typically taken into consideration when determining the cost of your premium:
- Business Size and Location
- Annual and Projected Gross Revenue
- Number of Employees
- Previous Insurance Claims
We’ve partnered with over fifty insurance providers to offer you different options that suit your business needs at the best price.
Frequently Asked Questions
Commercial General Liability Insurance is a general policy that applies to all sorts of businesses (not just companies in leased spaces). It provides coverage for bodily injuries or property damage to third parties for which the business can be held liable. Commercial Tenant Liability Insurance provides similar coverage, but it is specifically designed to cover a tenant’s legal liability towards the landlord in injury or property damage cases.
Coverage for your company’s assets and equipment is not provided under a Commercial Tenant Insurance policy. The policy is designed to cover a tenant’s legal liability towards the landlord or other third party. To protect your property and equipment, make sure you add Commercial Property Insurance to your policy.
Although you are not legally required to obtain Tenant Liability Insurance, it is common practice for landlords to require their tenants to have insurance coverage before leasing to them. In most cases, tenants are asked to get insured before signing a lease.
Other business insurance coverage options to consider:
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- Obtaining business coverage was fast and straight-forward. My thanks to Adina B, Zensurance's New Business Manager.Barry Boroditsky2/05/2024Super easy process and the team was very responsive!Annieca Edwards2/05/2024Competitive pricing, and easy to communicate with.Jeremy Killen2/05/2024
- I was able to obtain a great policy for my business that allows me to move forward in the most secure and professional manner. My new account contact Dora was excellent throughout this process and educated me on the many aspects of my commercial policy. Excellent experience over all.Nicholas Bourolias2/05/2024Was looking for film and video insurance, and was very happy to find Zensurance. The survey took just a few minutes, and Keagan quickly followed up. Everything was ready in a short time, including having all my questions answered. Excellent, attentive customer service, highly recommended.Julia Kollek Creative Services2/03/2024Straight forward and user friendly and competetive pricing.Paul Adams2/02/2024
- The process to obtain a quote was quick and painless. Angela Grigg got back to me asap and answered all my questions. Very responsive and helpful. I would use them again.Jill Rasmussen2/02/2024Bernardo, takes care and handle my policy professionally no delays no issues Highly recommended people.Alvaro Torres2/02/2024Great Experience! Helped me make very particular edits to my policy! Will choose Zen for efficiency every time! :)Rachael Baptiste2/02/2024
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