Commercial Property: Understanding Your Coverage Needs

Owning property, whether residential or commercial, brings a range of responsibilities, from tenant occupancy and building use to the practicalities of managing each property. We’ll make sure your cover reflects the nature of your portfolio, and that you’re properly insured.

Property owners' insurance, shaped around your portfolio

This type of cover is designed to protect buildings that are let, leased or occupied by others, along with the responsibilities that come with owning them.

We start by understanding how your properties are owned, let and managed, so we can arrange cover that reflects the risks associated with each one. We’ll also make sure your cover aligns with your responsibilities and supports your portfolio as it evolves.

You’ll have a personal point of contact who understands your portfolio and can clearly explain your options. As your portfolio changes, we review your cover so it continues to reflect your position.

Cover that reflects your property portfolio

Residential landlords

Residential landlord insurance protects properties that are let to tenants, from single buy-to-let homes through to blocks of flats.

Cover often needs to account for tenant occupancy, shared or communal areas and your responsibilities as a property owner.

We can arrange cover that protects the building, your responsibilities as a landlord and your rental income if the property can’t be occupied after an insured event.

Commercial property

Whether your portfolio includes offices, retail spaces, industrial units or mixed-use buildings, the way each property is occupied will shape the cover required.

Policies are often arranged on an ‘all risks’ basis, offering protection against events such as fire, flood, theft, water damage, accidental damage and subsidence.

We can arrange cover that reflects how your properties are used, so you’re protected in the event of a loss.

Unoccupied properties

Many standard policies limit cover once a property has been vacant for a set length of time.

Properties that stand empty for extended periods therefore need careful consideration when arranging insurance.

This can apply to commercial premises between tenants, awaiting sale, undergoing refurbishment or redevelopment, or held vacant as part of a wider portfolio.

In these situations, we help ensure the cover reflects the period of unoccupancy and any conditions insurers may require, such as regular inspections.

Farms and estates

Farms and estates often combine agricultural land, buildings and business activities with a family home.

This brings different considerations from a typical household or commercial policy, particularly where rural crime, environmental exposure or business interruption may be factors.

Insurance can extend to farmhouses, cottages, agricultural buildings, machinery, vehicles and livestock.

Where estates include diversified activities such as holiday lets, equestrian facilities or renewable energy, we ensure the cover reflects the full range of operations involved.