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Report

What Commercial Real Estate Borrowers Need to Know About Lender Insurance Requirements

HUB InternationalJune 3, 20262 min read

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Market Overview

The most directly actionable piece in this set if you have a refinancing coming. Lenders often run their own replacement cost estimates and land on numbers higher than an owner can realistically insure, leaving you technically underinsured against the loan's benchmark. They are also scrutinizing umbrella limits, named insureds, and endorsements. HUB's advice is to bring your broker in when the refinancing enters the pipeline, not after the lender flags a problem.

About HUB International

HUB International is an insurance brokerage and advisory firm offering property and casualty, employee benefits, personal insurance, retirement, and risk services. Its real estate and hospitality capabilities support owners, operators, developers, investors, managers, and franchise businesses.

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