Insurance
Commercial Property Insurance
Commercial Property insurance covers buildings, fit-out, contents, stock and equipment against events such as fire, storm, water damage, theft and malicious damage. It can be arranged on its own or as part of a wider program.
Do I need Commercial Property insurance?
If you own commercial premises, or you lease and are responsible for the fit-out and contents, property cover protects the assets your business depends on. Landlords, owner-occupiers and tenants all carry different parts of this risk.
What does it cover?
- Buildings, including landlord fixtures
- Tenant fit-out and improvements
- Contents, stock and equipment
- Loss of rent for landlords
- Removal of debris and rebuilding costs
Important tips
- Insure for full replacement value, not market value. Rebuild costs have risen sharply in recent years.
- Check your lease. It usually sets out exactly what you must insure as a tenant.
- Flood cover is often optional. Decide deliberately rather than by default.
General advice warning
The information on this page is general advice only. It does not take into account your objectives, financial situation or needs. Before acting on it, consider whether it is appropriate for you, and read the relevant Product Disclosure Statement before deciding to buy or hold any insurance product.
How Loyed can help
We help you set accurate sums insured, align cover with your lease obligations, and structure the policy so a claim actually puts you back where you were.
Request a quote
Tell us a little about your business and a member of the Loyed team will contact you within one business day.