Commercial Property Insurance
Protection for physical assets used in your business
What is Commercial Property Insurance?
Commercial Property Insurance provides protection for physical assets used in your business such as buildings, stock, equipment, and contents—against events like fire, storm, theft or accidental damage. It is essential for businesses that own or lease commercial premises.
Depending on the policy, Commercial Property Insurance may include:
Coverage, benefit limits and exclusions may vary. Always refer to the Product Disclosure Statement (PDS) or insurance policy wording. General information is no substitute for professional insurance advice. Speak to your broker about whether your business better protected with Commercial Property Insurance policy as opposed to a Business Package Insurance.
Understanding Commercial Property Insurance
Commercial Property Insurance is relevant for any business that owns or operates from a physical location. It’s commonly held by retail store owners, office tenants, landlords, and warehouse operators.
Premiums depend on the property’s location, construction type, security measures, the value of assets insured, and previous claims history.
If your property is damaged, contact your NQIB broker promptly. Supporting documents such as repair quotes, incident reports, and photos may be required to process the claim.
Commercial Property Insurance is commonly paired with:
• Business Interruption Insurance
• Public & Products Liability Insurance
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We work with you, so you have the confidence and peace of mind that come with understanding how you are protected by insurance.