CRE – The Insurance Do’s & Don’ts for Commercial Real Estate Purchasers

Buying commercial real estate involves far more than negotiating price and closing the deal. Insurance planning—both before and after the purchase—is a critical piece of the process that often receives far less attention than it deserves.

In this discussion, we’ll cover the key Insurance Do’s and Don’ts every commercial real estate purchaser should consider during due diligence, and how those considerations extend after closing when managing contractors, tenants, and the property itself.

While realtors and attorneys play essential roles in the transaction, they typically don’t have daily visibility into the mechanics of insurance policies, claims trends, underwriting expectations, and risk management strategies. An insurance-focused perspective can help purchasers understand how coverage is structured, what exposures exist, and how to position the property for long-term stability.

We’ll also explore practical tips for working with contractors and tenants, including how proper insurance requirements, documentation, and communication can protect both the property owner and the investment.

The goal is simple: proper insurance management leads to stronger continuity, fewer surprises, and lower overall costs over time.

If you’re purchasing or managing commercial real estate, understanding these insurance fundamentals can make a significant difference in protecting your investment.

Bio:

Presented by Gregg Germanos, President of Northwest Insurance Services. At Northwest Insurance Services, our priority is helping our customers find the best coverage in order to protect what matters most in life. As an Independent agency, we work with a wide variety of top carriers to help you find the best coverage to suit your exact situation.