True Confessions of a Landlord’s Counsel: What a Commercial Tenant Needs to Know When Negotiating a
Part 6: Additional Rent – Insurance. Insurance is one of the three major categories of Additional Rent in commercial leases which are generally passed through to the tenant, the other two being Taxes and Common Area Maintenance Expenses (they are also the three pass-through categories that coin the phrase “triple net lease”). The insurance section of any commercial lease is usually the section where most tenants’ eyes begin to glaze over when they come across terms like “ind