Tower Owners and Vertical Real Estate
Companies owning, leasing, and managing wireless tower infrastructure and rooftop sites, focused on tenant carrier relationships, site access management, and long-term asset protection.
Pain points
- -Ensuring tenant contractors carry adequate insurance and name the tower owner as additional insured
- -Premises liability exposure from site access by multiple contractor crews
- -Property coverage adequacy for tower structures and ground equipment
- -Environmental liability at sites with generators, fuel systems, and battery banks
- -Business interruption calculation when a tower goes down and tenants lose service
- -Wind, ice, and catastrophic weather damage to structures in exposed locations
- -Lease compliance and insurance certificate verification from all site visitors
- -Liability for shared infrastructure failures affecting multiple tenants
Coverage needs
- +Commercial property covering tower structures, shelters, and ground equipment at replacement cost
- +Premises liability for owned and leased tower sites and rooftop locations
- +Business interruption and rental income coverage tied to tenant lease revenue
- +Umbrella/excess liability protecting against catastrophic site incidents
- +Environmental/pollution liability for generator fuel, batteries, and legacy site conditions
- +Builders risk for new site construction and major modifications
- +Cyber liability for remote monitoring and site access control systems
MSA concerns
- Requiring minimum insurance limits from all contractors accessing tower sites
- Additional insured status on every contractor's GL and umbrella policies
- Indemnification and hold-harmless provisions in site access agreements
- Property damage waivers vs. requiring contractor installation floaters
- Co-location agreement insurance requirements between tower owner and tenants
- Notice of cancellation provisions ensuring continuous coverage visibility