Commercial Landlord Insurance

What does commercial landlord insurance cover?

Commercial properties are often different structures than standing housing buildings, so they carry a different set of risks, for example a commercial property may be a steel or glass structure. While they may carry different risks, commercial landlord insurance is essentially the same type of policy as a standard landlord insurance policy.

Insurance1 can help find you a commercial landlord policy which covers;

Rent protection

This means you will be covered financially should your tenants be unable to pay the rent. This is usually covered between 6 and 12 months.

Landlord Buildings Insurance

Your property will be covered against damage caused by a range of different risks, including fire, flooding and theft.

Landlord Contents Insurance

This cover is important if the property you let out to tenants has been furnished by yourself, meaning you have supplied any furniture and appliances. These contents will be covered against damage and theft.

Malicious damage

You will be covered against any damage caused by your tenants or their guests to your property.

Temporary accommodation cover

You will be covered up to a certain amount if your tenants have to operate in temporary accommodation while your property is out of use for any reason.

Keys and locks cover

You will be covered for the cost of replacing keys and locks to an external door on your property, following the loss of theft of the tenants keys.

Trace and access

This means you will be covered against the cost of finding the source of a leak.

Underground drains, pipes and cables

If you are legally responsible for any underground drains, pipes and cables then you will be covered against any accidental damage.