Loss of rent · For owners

Loss of rent application.

Loss of rent covers the rent a building loses while it is repaired after a covered loss, like a fire. It is usually written on the property policy, not as a policy of its own, so we quote it that way. This short application asks for each building’s rents, how long a rebuild could take, your property policy and what your lender requires. Answer what you can and send it from the review sheet. Our brokerage takes it to market and comes back with quotes, or with questions.

Plan on 10 to 15 minutes for one building with no claims, with your rent roll to hand. Your answers are kept in this browser tab only, with no account. Closing the tab clears them, so gather your documents first (the checklist lists them).

Insurers need this to quote. You can send with blanks; we’ll ask for the rest.

What to have on hand: your rent roll and your property policy (4 things)

Your rent roll and your property policy answer most of it. Answer counts assume one insured building, no lender requirement and no claims.

Your rent roll, by buildingTwelve months of gross rents for each building, plus other income such as parking, laundry or storage. The form lists ten buildings. With more, send the full rent roll to insurance@lightrfp.com (a spreadsheet is fine).
How long a rebuild could takeFor your largest building, from the day of a loss until tenants could move back in.
Your property policyWho insures the buildings today, when it renews, and whether it already includes rental income.
Your lender’s requirementsHow many months of rents the loan asks you to insure, if any.

Start from your documents

Pre-fill this application from your documents

Drop your rent roll, your property policy or your lender’s requirements. We fill in answers you’ve left blank, and you check each one before you send.

Drag files here, or

PDF, photo (JPG, PNG, HEIC), Excel .xlsx, Word .docx, text or CSV. Up to 4 MB a file (larger photos are shrunk to fit), 12 files in all.

Good documents for this application

Your rent roll, by building
Your property policy
Your lender’s requirements

Files are read to fill in answers and are not kept. An AI provider reads them under terms that don’t let it train on them.

Application: Loss of rent, on the property policy
Sheets: 03
One building, no claims: about 30 answers, 28 required
Three buildings, a lender and a claim: about 57 answers, 51 required
Status: Your answers go to Light RFP when you press Send. Files you drop in are read to fill in answers, and not kept.
Prepared by: Light RFP Risk Management Services LLC NY DFS License # PC-1978982

Files you drop in fill in answers you’ve left blank.

LR-01

Owner

Who owns the buildings, who is applying, and how to reach you.

0/11required answered

Who is applying

Which describes you best?

The owner

Legal name of the owner, as it reads on the property policy

The company that holds title. If several do, name the main one and list the rest in your note on the review sheet.

Business structure

Your contact details

First name

Last name

Phone

The owner’s mailing address

Street address

If the owner’s mail goes to the management office, use that address.

City

State

ZIP code

After you send

What happens after you send.

We read it
A Light RFP broker reads every building’s rents and asks about anything blank or flagged.
It goes on a property policy
Loss of rent is added to a property policy. If you want your property policy quoted, we add it there and send you the commercial property questions we still need. If your property policy stays with another broker, send its declarations page: we can price your rent cover from your documents, and with a broker of record letter we can also quote your renewing underwriter.
You compare and choose
The months it pays, the limit and the deductible side by side, matched to what your lender requires.

Send us your rent roll and we’ll fill this in with you.

Rather go through it on a call, or send your rent roll as a spreadsheet? Schedule a call, or write to Light RFP’s insurance team: insurance@lightrfp.com