General Liability covers Bodily Injury OR Property Damage to others. However, most GL Carriers limit Damage to the Premise you rent from $1M to $100K. If you are worried about damaging your landlord’s building, I would advise to pay attention to this coverage line item.
Damage to premises rented to you coverage, also known as “Damage to Rented Premises” coverage, is a type of protection that is typically included in a commercial general liability (CGL) policy.
This coverage is designed to protect a business that rents or leases a property, such as an office, retail space, or warehouse, from certain types of damage to the rented premises that may occur during the course of their operations.
Damage to rented premises coverage may provide protection against damage caused by fire, lightning, explosion, smoke, vandalism, or other similar perils.
If your business is found responsible for causing damage to the rented premises, the damage to rented premises coverage can help cover the costs of repairing or replacing the damaged property up to the limits of the policy.
It’s important to note that this coverage typically only applies to damage caused by the actions of the renter or their employees, and may not cover damage caused by natural disasters or certain other types of events. Additionally, there may be certain exclusions or limitations in the policy, so it’s important to review your specific policy to fully understand your coverage.