Commercial Property Insurance covers damage suffered by your business’ building and it’s contents, such as a flood, fire or anything affecting the physical space. We will replace damaged items or reimburse costs to put the building it’s contents back to its previous condition. We will carry out an assessment of your commercial property, looking at the age, state of repair, regular maintenance and value to calculate a premium price for it.
With Commercial Property Insurance your property will be protected from fire, flood and other disasters that can cause damage to the building. Inzurly’s Commercial Property Insurance also enables you to insure the contents of your building and protect your fixtures and fittings such as shelving/flooring. This policy will cover the cost of repair or replacement if the possessions of your business are damaged, lost or stolen. Additionally, if members of the public are able to come and go in and out of your property, it’s crucial you are covered in the event of an accident or you could risk being liable to pay thousands in court.
No, commercial property insurance is not a legal requirement however it is important to ensure that in the event of a disaster, your property can be restored to it’s previous condition as quickly as possible.
Your commercial property insurance premium will be based on a number of factors including: Business type, location of premises, number of employees and payroll.
Yes, commercial property insurance covers theft however there must be evidence of the thief’s forcible entry to the premises.
Yes, commercial property insurance covers fire damage however subterranean fires and damage from explosions are excluded.
Yes, commercial property insurance covers damage to the premises by escape of water from any natural or artificial watercourse. Underwriters may increase the premium or exclude flood cover all together depending on the location of the premises.
No, commercial property insurance does not cover pest infestations.
No, commercial property insurance does not cover incidents that have arisen from wear and tear.
The best way to get an accurate cost for the rebuilding of your property is to get it surveyed by a qualified surveyer.
In the event of a claim where the cost to rebuild your property exceeds the value for which it was insured for, we will proportionately reduce your claims settlement.