Commercial Property Insurance
Commercial property insurance provides cover for businesses and organisations against damage, loss, or theft of their commercial property and its assets.
There are varied types of commercial property insurance covers available, such as all-risk policies that provide coverage for all perils unless specifically excluded or named-perils policies that only cover specific risks named in the policy.
When is a property classified as Commercial Property?
Any building that houses or operates a business within, is deemed a commercial property. Regardless of this being office space for your own business, a retail shop, restaurant, manufacturing facility, coffee shop, garage facility or any other type of business.
If you rent a property that you own to a business, you should ensure that Commercial Property Insurance is in place to protect your investment. Should you have a commercial property that is unoccupied, you should speak with a member of our property team regarding unoccupied commercial property insurance.
What does Commercial Property Insurance cover?
It’s advisable to speak with a member of our commercial property team to discuss your premises, this would ensure that all risks are covered, and appropriate covers put in place. A typical commercial property policy could provide the following covers:
- Buildings Insurance
Protection if your building is damaged or destroyed.
- Property Owners Liability
Financial cover in the event of a claim by a third party for loss or injury.
- Landlord Legal Protection
Legal cover in the event of any legal proceedings associated with your commercial property.
- Business Interruption
- Accidental Damage
Cover for accidental damage caused by you or your tenants.
- Vandalism, arson, or burglary
What Commercial Premises types can be covered?
Our specialist team can provide advice, information, and guidance for all business premises, these include:
- Shops and cafes
- Restaurants and Takeaways
- Wine Bars
- Public Houses
Why choose Konsileo for your Commercial Property Insurance?
It is important for businesses to carefully evaluate their property and assets, assess the risks they face, and determine the appropriate coverage needed for their specific circumstances. The Konsileo Property team can help ensure that the commercial property insurance policy adequately protects against potential financial losses.
We insure a great deal of industries.
Looking to cover your business but not finding the industry you’re looking for?
Take a look at all the industry sectors we serve below.