Commercial Building Insurance
CBI protects your commercial property with policies customised exactly to your unique risks and negotiated at only a price we’d be able get for you.
Fast quotes, cheaper rates, and reduced first year broker fee when you complete our quote form. Insure with us and save.
What Does Commercial Building Insurance Cover?
Commercial building insurance, also known as commercial property insurance, safeguards a business's physical assets against damage or loss from fire, theft, natural disasters, and vandalism. It covers not only the building but also its contents and fixtures.
The primary advantage of this insurance is its coverage for repair and reconstruction costs, as well as compensation for lost income during downtime. It is essential for any commercial building, providing crucial financial stability and security.
How are CBI’s Policies Cheaper & Better?
CBI precisely customises each policy to cut costs without cutting coverage, ensuring you only pay for what you need.
Our expert brokers then negotiate to lower your premiums, delivering top-notch protection at unbeatable prices.
Commercial Building Insurance
FAQs
Answering your most frequently asked questions on commercial building insurance.
Common coverages include building and contents insurance, glass and fittings, public liability insurance, and machinery breakdown. These help protect against physical damages and financial losses.
Most policies exclude wear and tear, gradual deterioration, maintenance issues, and loss due to tenant default. It's essential for property owners to actively maintain their properties to avoid these exclusions.
The cost of premiums is influenced by factors such as the value of insured assets, fire and security measures, the property's location and construction materials, the age of the building, the occupancy status, and the landlord's claims history.
Commercial property insurance is a variable cost, with premiums fluctuating based on factors such as asset value, location, building age, and the property owner's claim history. These changes affect the overall insurance costs annually.