Building Insurance arranged by our team is designed to cover the assets of property owners whose premises are used for business purposes, such as shops, offices, warehouses, surgeries and restaurants, as well as residential property.
In addition to a full rebuild cost, there are a number of optional extras available with a commercial buildings insurance policy such as subsidence cover, although loss of rent cover would not normally be included – a must if the property is let.
Landlords must make it clear to the tenant where the responsibility for insurance rests in your lease. You may arrange the Building Insurance and charge the tenant the premium, but they will be responsible for insuring their own contents and equipment if applicable.
If you run your own business from your property, a Commercial Combined Policy may prove more cost effective than Commercial Buildings and Commercial Contents and Liability Insurance arranged separately.
If your property is unoccupied, then you’ll need Unoccupied Commercial Property Insurance.