Policies & Procedures

We request each customer's cooperation in supplying the Landlord with an insurance certificate demonstrating coverage that meets the requirements of your lease and naming the Landlord and management company as additional insured parties.

Specific details of required insurance are covered in your lease. For most tenants, the following coverage is required:

Commercial general liability insurance, naming Landlord, Landlord’s agent and Landlord’s mortgagee (and such other parties as Landlord may request) as additional insureds, covering injury to persons in amounts at least equal to $2,000,000.00 per occurrence and $2,000,000.00 general aggregate, on a per location basis. In addition to commercial general liability insurance, Tenant shall also be responsible, at Tenant’s own cost, to keep and maintain (i) insurance in respect of and covering Tenant’s own furniture, furnishings, equipment and other personal property, and all improvements made by or on behalf of Tenant, all insured for the replacement cost thereof, against all risks and hazards, including but not limited to sprinkler and leakage damage, and theft (collectively, “Personal Property Insurance”), (ii) workers’ compensation insurance with respect to and covering all employees and agents of Tenant, (iii) employer’s liability insurance in a minimum amount of $500,000, (iv) commercial automobile coverage with a combined single limit of $1,000,000 per accident, covering all owned, hired and non-owned vehicles, and (v) commercial umbrella coverage with a minimum of $5,000,000 per occurrence and aggregate limit. With respect to Tenant’s commercial general liability insurance and Personal Property Insurance, (a) no insurance coverage shall contain a deductible in excess of $50,000.00 and $5,000.00, respectively, without the prior written consent of Landlord, (b) all deductibles shall be paid by Tenant, assumed by Tenant, for the account of Tenant, and at Tenant’s sole risk, (c) Tenant’s insurer shall be licensed or authorized to do business in the Commonwealth of Pennsylvania and shall have a policyholder rating of at least A- and be assigned a financial size category of at least Class X as rated in the most recent edition of “Best’s Key Rating Guide” for insurance companies or a rating of at least AAA as rated by Standard & Poor’s

The following entities should be named as additional insured.

Please have your insurance company forward a certificate of insurance, updated for each policy period to the Chesterbrook Management Office.