November
Commercial Property Insurance
We provide herewith a summary of questions relative to commercial insurance, this is not an exhaustive list. Commercial insurance is an individual requirement that needs to be right for the person and property. So we would need to discuss at length with you your requirements. We are here to help you make the right decision for your business. We have highlighted some items that we think may be important to you. However, your cover will depend on your circumstances and choices. The policy documents will provide the full details of your chosen cover.
The risks faced by businesses are vast and wide-ranging. They vary from storm damage to flood and fire to loss of income due to business interruption and liability for injury to customers or employees. There are also risks specific to the business or sector, which relate to your business only and we can help to identify and manage these. We have various commercial policies and different providers who can protect yourself, your employees and your business assets. Most of these are flexible too so you can choose the covers that meets your business needs now and in the future.
Will my landlord insurance cover my commercial property?
What type of cover will I have?
Can I have loss of rent covered?
Does it cover my employees working on site?
Are legal costs included?
Legal disputes can stretch the resources of any business. They can be complicated, costly and time-consuming. We can provide specialist policies that will help businesses and employees during legal disputes. You will find that most insurance companies have some form of legal costs cover for commercial property policies. However, it is important to check the perils covered and the level of cover provided. You can request to add legal expenses cover either from the start of the policy or midway through. Therefore, ensuring that the right cover is in place.
Do I need Terrorism?
It is essential in certain areas to have terrorism cover. It will depend on individual factors specific to the business and its nature. It protects the business against property damage and interruption caused by the acts of Terrorism. We would always suggest that you have this cover but it is up to you. You could always add the cover as an additional item and pay an additional premium. Please don’t hesitate to speak to us in this regard.