Commercial Property Owners Insurance
Click here for a Quote and more information on Commercial Property Owners Insurance
Read this guide to assist you in assessing your insurance requirements.
As an owner a commercial building the last thing you need is to lose it all because it wasn’t insured adequately . To help protect your property against unforeseen losses our insurers offer insurance packaged policies designed for commercial property owners.
Commercial Property Owners Insurance Packages are usually the most comprehensive and cost effective way to cover most of the risks you face today. With essential cover sections in one package it makes good business sense to consider all of these insurances, details of these are as follows:
Property Damage or Fire and Perils Insurance
Covers your building against the risks of fire, storm and tempest, impact, malicious damage, including automatic accidental damage cover. The policy also provides full replacement cover if sums insured are adequate, there is coverage included fro removal of debris, professional fees incurred and the extra costs that may be incurred to reinstate your building.
Loss of Rent Insurance
If your tenants must vacate the premises as a result of loss or damage to property covered under Property Damage section , cover is available to protect the income you would lose during the time your property is unable to be tenanted.
Theft and Burglary Insurance
This covers loss or damage to your property caused by visible forcible and violent entry to your premises.
Glass Breakage Insurance
Glass is easily broken and often surprisingly costly to replace. The policy covers you for replacement of both internal and external glass and can also cover damage to frames, signwriting and illuminated signs .
Property Owners Public Liability Insurance
Covers the cost of compensation in respect of Personal Injury or Property Damage and includes legal fees which may be incurred as a result of being held legally liable.
Machinery Breakdown Insurance
Covers your machinery and mechanical equipment against unforeseen and sudden physical damage.
Workers Compensation Insurance
All employees injured by accident or industrial diseases arising out of or in the course of their employment are legally entitled to compensation under the various Workers Compensation statutes. The Acts in each State and Territory require employers in Australia to maintain compulsory “no fault” insurance to cover their legal liability.
Tax Audit Insurance
Covers professional fees charged by an accountant or other professionals in connection with a Taxation Office audit, including costs in obtaining expert advice.
Click here for a Quote and more information on Commercial Property Owners Insurance