Shopping Centers

As a shopping center owner or manager, protecting your property, tenants, and visitors is essential. Titan Risk specializes in providing customized insurance solutions for shopping centers, ensuring that your assets and the businesses within your property are safeguarded against the unique risks you face. With our expertise, you can focus on managing your center while we handle the complexities of your insurance needs.

What Coverages Titan Offers

Titan Risk provides a comprehensive range of coverages specifically designed for shopping center owners and managers, including

• Property Insurance - Protects your buildings, fixtures, and other assets from risks such as fire, theft, vandalism, and natural disasters
• Liability Insurance - Covers legal expenses and damages if your shopping center is held liable for injuries, accidents, or other incidents on the premises
• Loss of Rent Insurance - Helps you cover lost rental income if your shopping center is temporarily uninhabitable due to a covered loss
• Tenant Legal Liability Insurance - Offers protection if a tenant causes damage to your property or if a tenant’s customer is injured on the premises
• Cyber Liability Insurance - Protects your shopping center management from data breaches and cyber threats, ensuring that your tenants' and customers' personal information is secure
• Workers' Compensation - Coverage for your employees in case of workplace injuries, providing medical benefits and wage replacement

Claims Examples

• Fire Damage - A fire broke out in one of the retail units, causing significant damage to multiple stores. Titan Risk's property insurance enabled the shopping center owner to make necessary repairs quickly and ensure the affected businesses could reopen as soon as possible
• Slip and Fall - A customer slipped on a wet floor in a common area, resulting in a serious injury. Titan Risk’s liability coverage ensured that the shopping center was protected from legal action, covering medical expenses and legal fees
• Theft Incident - A series of thefts occurred within the shopping center, affecting several tenants. With Titan Risk’s comprehensive property and tenant legal liability insurance programs, both the center owner and tenants received compensation for their losses

‍