Elkins Park, PA · Member since 2013 · 10 posts · 1 vote
Hello everyone,
I kind of need some advice in dealing with a commercial tenant. The insurance for the property is coming up for renewal and they require the tenant's certificate of insurance in order to renew the policy.
The problem is that the tenant hasn't really been responsive. I called up the insurance company that he had last year since I had his last year's certificate and they said that their policy with him has expired and not been renewed. Apparently all he needs to do is call them up and pay them and they can have the certificate for me within the business day.
I'm not sure if he got a new policy or what but I am wondering what is the best way to proceed?
I was reading up online and somebody mentioned making that payment for him and then charging him for it but I'm not sure if that can even be done. I'm in Philly PA if it makes a difference.
Will appreciate any advice for the next course of action.
Send a notice to evict with the requirement to provide proof of insurance coverage to terminate the eviction. Standard and very simple business policy.
You must insist the policy is such that you are informed by the company in the event the insurance is canceled or lapses without renewal.
@Daniel L. You should be listed as an Additional Interest on the Tenant's policy, residential or commercial. It should be stated in your lease, especially if tenant is commercial. This allows you to receive a certificate of insurance and documentation should the policy lapse, cancel, or be non-renewed.