Commercial landlord insurance
When you own valuable assets it’s crucial that you protect them. Buildings are no exception. You need insurance to protect against the unexpected. As a commercial landlord your tenants rely on the use of your premises to run their business.
Buildings and contents insurance for commercial landlords
Whether you’re looking to protect the bricks and mortar or have belongings inside that need covering as well, your commercial landlord insurance policy can be tailored to your requirements so you only pay for the cover you need. As part of your commercial property insurance you should also think about insurance for any contents in communal areas. You never know what’s around the corner so you need to make sure your property is protected against the unexpected.
Commercial landlord liability insurance
Property owners’ liability insurance provides financial protection against large compensation claims if someone is injured at your premises as a result of your negligence. Accidents happen when you least expect, and this cover can protect you against accidental damage to third party property too. For instance, if a roof tile fell and landed on a car below, you could be liable to cover the costs. Taking out property owners’ liability cover as part of your commercial landlord insurance policy can cover your liability if something goes wrong. Employers’ liability cover should also be considered if you employ anyone to maintain the building or grounds for you.
Loss of rent insurance for your commercial property
Loss of rent cover is an important part of your insurance that can protect your income in the event of damage at your commercial property which may result from an insured event. This means that if you have a fire or flood that renders the building uninhabitable, loss of rent cover can continue to pay you rental income while the building is reinstated meaning you shouldn’t be out of pocket.
Compare commercial landlord insurance
When it comes to commercial landlord insurance there’s no ‘one size fits all’ solution. Finding the right cover for your assets can often be challenging and time consuming. Working with some of the UK’s leading insurers we can arrange cover that’s tailored to your needs.
If you know the cover you need then you can protect your commercial property online in a matter of minutes. If your needs are more complex or you are looking for insurance advice then give us a call – our team of professional advisors are on hand to find the right commercial landlord insurance for you.