Under a lease, tenants are usually required to take out public liability insurance applicable to the business and operations at the site.
In a co-location, the lead agency will take this out on behalf of all co-locating agencies, and premiums will form part of any operational expenditure. If a claim is made, each agency will pay an equitable share of the excess or deductibles, regardless of fault.
Lead agencies need to make sure that participating agencies are named on their public liability policies as 'additional insured'.
Each agency is responsible for maintaining insurance to cover its own equipment at the site, and any business risks not covered by the lead agency insurance.
To make sure your policy adequately covers items at the co-location, you should review your business interruption and asset policies to ensure the terms and conditions are compatible with a co-location.