When it comes down to commercial insurance, landlords need as much flexibility as possible – whether that means the ability to add numerous properties onto one policy or being able to swap and change when needs must. If you’re new to commercial landlord insurance, it can seem quite tricky to try and navigate yourself through the vast array of policies which will be thrown your way – that is why we have compiled a simple, easy guide to help explain it all a little clearer:
So, what ACTUALLY is commercial landlord insurance?
Simply put – commercial landlord insure is a policy that covers landlords who let to third-party businesses, such as shops, offices, and restaurants. It has different features to normal (residential) landlord insurance as these properties tend to get more visitors from employees and customers.
Next, you need to know what commercial landlord policies cover.
These policies will cover you against several different risks linked to commercial businesses, including not but limited to:
- Buildings cover helps to pay for any emergency repairs that need to be made – for example, if there is an accidental fire or flood which damages the property. Alongside this, you can also get contents cover (which covers the equipment and appliances that you provide your tenant)
- Commercial landlord insurance can also help you when it comes to claims against you and your property. For example, if someone was to trip over a slight health and safety hazard – landlord liability insurance will make sure that all the costs are covered.
- Especially with recent Covid-19 events, business interruption cover can help keep you and your tenants trading following unforeseen circumstances.
Now to the big question – why you should choose We Insure Small Business…
At We Insure Small Business we offer commercial landlord quotes that are low-cost and tailored to your specific needs. With access to over 50 commercial insurance providers; we will work around the clock to ensure that you receive the most cost-effective and comprehensive cover for your property (both single and multi-property).
Here are just some examples of policies which we can assist you with:
- Single AND multi-property policies
- Landlords contents policy options
- Malicious damage cover options
- Unoccupancy cover options
- Legal expense cover options
- Commercial property owner’s liability
For more information about how we can help you – then visit: https://weinsuresmallbusiness.co.uk/commercial-landlord-insurance/ or you can contact our experts directly on 01244 207877 and we will take it from there!