Commercial landlord insurance is designed to protect your property if it is damaged or destroyed. There are certain risks that come with owning a building that is being used for commercial purposes. Commercial landlord insurance covers your building against fire, theft, damage and more.
Damage to your building could result in your tenants moving elsewhere and you losing out on significant income. Commercial landlord cover provides protection against this risk and seeks to restore your building to its original condition as quickly as possible
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Start your quoteMost commercial landlord insurance policies cover the costs of repairing or rebuilding your insured building. They cover events such as:
Commercial landlord insurance is not a legal requirement however it provides landlords with the security they need when disaster strikes. If you have taken out a mortgage out on the building, the lender may require you to have commercial landlord insurance in place as part of the agreement.
Like home insurance, commercial landlord insurance provides protection against potentially significant financial losses arising from events such as floods and fire. However, it can also provide protection compensation bills arising from legal action from your tenants.
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