Lessor’s risk only (LRO) insurance is a form of coverage designed for commercial landlords who rent out their building spaces (e.g., warehouses, offices, apartment complexes and retail facilities) to tenants. An LRO policy can help cover legal expenses that result from a tenant’s lawsuit, as well as reimburse the cost of the tenant’s property damage or bodily injury. Review this document to learn more about LRO insurance.
