What is Commercial Buildings Insurance for Landlords?
Business Landlord Insurance works to protect you, your commercial property, and your business tenants.
We can build a tailored policy to meet your needs, but some of the core covers include:
A type of public liability insurance that covers legal fees and compensation costs in the event a claim is made against you by a third-party, i.e. your tenant or a member of the public for loss, injury, or damages they’ve incurred as a result of your negligence.
If you employ other people to assist you in your duties as a landlord, you’re legally obliged to have employers’ liability (EL) insurance. Should an employee be injured or fall ill on the job, this will cover any compensation and legal costs.
Protects the physical structure of your commercial property. It will usually cover fixtures and fittings too, such as any built-in items such as the kitchen or the boiler.
If your premises is damaged by fire, flood, storm, or an accident, your buildings insurance could cover any repair work up to the sum insured.
It’s our job to make sure the sum insured covers everything you need it to, including the cost of a complete rebuild, should the worst happen.
Commercial Landlord optional extras
Some of the optional extras we can arrange, include*:
If your commercial unit is rented out with fixtures and fittings included, we can incorporate contents insurance into your landlord commercial insurance policy.
Should you require legal defence, legal expenses insurance can help to cover the cost.
*Limitations and exclusions apply to all these add-ons.
Who needs Commercial Landlord Insurance?
Commercial Landlord Insurance is for property owners who rent their premises to a third-party business. This covers a different set of risks to that of a residential landlord, due to the structure of commercial property and its use.
Why use GoSkippy 4 Business?
We are an insurance broker set up to bring you first class insurance at the most competitive prices we can find.
We search a range of market-leading insurers to find you the best deal.