Commercial landlord insurance is designed for those who rent out properties for commercial use. Commercial landlords face a number of unique risks, and need insurance to protect against a variety of unforeseen events. We understand that one size does not fit all, and can be flexible in our approach to find you the right insurance to protect your investment.
As well as safeguarding your physical assets against perils such as fire, flood and storm damage, you will also need to protect your financial interests should anything happen to your tenants, neighbours, or members of the general public at your premises. Property owners liability will typically cover your legal liability for damage to third party property, as well as accidental injury, should something happen that leads to a claim against you. For instance, if during a storm some tiles fall off the roof and damage a car parked on the street below, this can be covered under the property owners liability section of you commercial property insurance.
Loss of rent cover is available to protect your income in the event of damage at your premises resulting from an insured event. This means that if you have a fire or flood that renders the building uninhabitable, loss of rent cover would continue to pay you rental income while the building is reinstated. This can be added to your commercial buildings insurance.
Commercial legal expenses should be considered as this can protect you against commercial tenancy disputes, criminal prosecution defence, tax and VAT appeals and even provide jury service allowance.
We arrange commercial building insurance to suit your business specific needs, whether you have one property or many. However small or large your commercial property portfolio we can help you find the right insurance to protect your investment.
Benefit from tailored, accurate cover to protect your property investment. Contact us to get commercial property insurance advice from one of our insurance advisors today.