Business Insurance Requirements for Medical and Dental Leases in Arizona – What to Know Before You Sign

Leasing a new office space is a major step for any Arizona medical or dental practice. But before signing a lease, it’s essential to understand the business insurance requirements that landlords often include in commercial lease agreements.

Common Insurance Requirements

Many Arizona landlords require tenants to carry specific types of insurance as a condition of their leases. These mandates are intended to help financially protect both the property owner and your practice from potential risks and incidents. The following requirements may apply:

• General liability insurance—This coverage can help your practice if someone is injured on your premises or if you’re held responsible for third-party property damage or personal injuries. Landlords often specify minimum coverage limits and may require that they be named as an additional insured.
• Commercial property insurance—If you’re leasing space, you may be required to insure your business’s contents, such as medical equipment, dental chairs and furnishings, against fire, theft and other covered events.
• Business interruption insurance—Some leases recommend or require this coverage to help replace lost income if your practice is forced to close temporarily due to a covered event.

What to Review Before Signing

Before finalizing your lease, carefully review insurance requirements and make sure you understand and adhere to the following:

• Coverage requirements (e.g., types and amounts)
• Additional insured requirements
• Endorsements or waivers
• Deadlines

How Our Team Can Help

At Valley Insurance Group, we have ample experience helping Arizona medical and dental practices secure the right insurance to satisfy lease requirements and financially safeguard their operations. Our team can review your lease, explain your options and provide coverage that meets both legal and contractual obligations.

Contact us today to discuss your insurance needs before signing your next lease.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.