No, liability insurance is not required when leasing under a Virtual or Corporate Identity Plan.
Liability insurance is typically required for traditional or private office leases to cover incidents such as a client injury or personal property damage within your dedicated office space. However, Virtual and Corporate Identity Plans provide access to shared common areas rather than private, exclusive office space.
Since you are not occupying a specific physical office and are only using shared areas occasionally, there is no need to obtain liability insurance for these types of plans.
— Chris Johnson, Leasing Manager
