Insurance 101 – Chapter 10 – Volume 9 – Leases

Leases

Almost every lease of real or personal property imposes obligations on the lessee and provides rights to the lessor. An insurer may, under the right to subrogation, exercise the rights provided by a lease agreement. Therefore, a thorough claims investigation must include this agreement in every loss where the property is rented by or to an insured.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

 

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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