Landlord Commercial Building Insurance

Landlord Commercial Building Insurance Deals

Landlord commercial buildings insurance is an important safety net not just for you but also for the tenants you rent out your property. While whether or not you will need to take a contents insurance policy will depend upon whether you rent the property as furnished or non-furnished, building insurance is an essential purchase.

It is important that you shop around for the best deals and the right policy for you by scrutinising different landlord insurance quotes, with the table below acting as a good starting point.Landlord buildings insurance will cover the physical structure of the property itself and any permanent fixtures, such as baths.  The amount of cover that you will need will equate to the total cost of rebuilding the commercial property from scratch, including the cost of surveyors.

Taking out commercial buildings insurance as a landlord will mean that you are protected from having to pay the full cost of damage caused to the walls, roof and fixtures of your property by:

• Thefts or attempted break ins
• Weather conditions such as floods, storms earthquakes and particularly intense lightning
• Fires and explosions
• Vandalism and malicious damage
• Subsidence
• Pipes freezing or bursting
• Impact by vehicles

There are a few things to remember when looking for a landlord commercial insurance policy:

• Every policy will differ slightly with regards to what is included and what is excluded, with some policies not including damage caused by sonic booms for example
• The more excess you pay will mean lower premiums
• Insurers will differ with regards to the discounts offered
• Most landlord insurance providers will allow you to transfer pre-existing no claims bonuses to a new policy

For a landlord, commercial building insurance is very important.We suggest starting out by looking for landlord insurance quotes from the companies above.