It is customary in many cases for an entity with large real estate holdings to allocate insurance premiums to their tenants which is clearly outlined in a lease agreement. The current property market has made this task tougher and tougher.
In the soft market, the premiums for multi-tenant buildings/locations were easily broken out by location based on square footage or in some occasions the actual property premium by building.
Read more: Whitepaper: Landlord Dilemma for Premium Allocations
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