Every commercial property is different but they can all be susceptible to instances of damage, loss and theft. Should an incident occur and your property is left unprotected, you could be left exposed to significant financial and reputational damage.
Commercial Property Insurance (or Building Insurance) covers you against loss or damage done to non-residential properties. It can include a collection of relevant policies such as Strata Title and Landlords Insurance depending on your specific property and circumstances.
What is Commercial Property Insurance?
Commercial Property Insurance (or Building Insurance) covers you against loss or damage done to non-residential properties. It can include a collection of relevant policies such as Strata Title and Landlords Insurance, depending on your specific property and circumstances.
Commercial Propetty Insurance is suitable for any type of commercial property including warehouses, shopping centres, factories and unit/apartment blocks.
A typical Commercial Property Insurance policy will provide cover for:
- Damage from floods, fire, or earthquakes
- Theft
- Malicious and accidental damage
- Loss of rent
- Personal injury/property damage
- Machinery breakdown
Some of the main options when arranging Commercial Property Insurance are:
- As part of your Business Package Insurance
- A Strata Title Insurance policy
- A Landlords Insurance policy
- An Industrial Special Risks Insurance policy. This is mostly for properties valued over $5 million.
How Coverforce can help
At Coverforce, we can help you to arrange insurance cover that is tailored to best meet your specific risks, depending on the value of your insured property and how it’s used and managed.
For more information or to speak to one of our brokers about arranging cover, please contact us.
Alternatively, you can simply fill out a Commercial Property Insurance Quote form below and one of our insurance brokers will get in touch with you within one business day.
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