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Alex A.
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2
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Additional Insured - Add landlord name or PMC?

Alex A.
Posted Jul 2 2024, 11:11

Straight forward question - when asking tenant/vendor to add to "additionally insured" do we advise them to put the PMC info or Landlord info? TIA.

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Brendon K.
  • Real Estate Agent
  • Los Angeles
32
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107
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Brendon K.
  • Real Estate Agent
  • Los Angeles
Replied Jul 2 2024, 11:24

Almost all reputable property management firms have strong indemnification and hold harmless clauses as part of their management agreement. If the management company is properly listed as Additional Insured, the coverage will automatically be extended to both parties as needed.

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Drew Sygit
Property Manager
Agent
#1 Out of State Investing Contributor
  • Property Manager
  • Royal Oak, MI
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Drew Sygit
Property Manager
Agent
#1 Out of State Investing Contributor
  • Property Manager
  • Royal Oak, MI
Replied Jul 3 2024, 06:16

@Alex A. just add the PMC, it will cover the owner.

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