Business Building
Insurance

What is Business Building Insurance?

Business Building Insurance protects your commercial property against risks such as fire, flood, theft, and structural damage. Whether you own an office, warehouse, retail space, hospitality venue, or industrial unit, this insurance ensures that your premises are covered, so your business can continue operating smoothly.

For landlords, business owners, property investors, and commercial tenants, Business Building Insurance is essential for safeguarding premises and ensuring financial stability in case of unexpected damage.

Who Needs Business Building Insurance?

Any business that owns or operates from a commercial property should have Business Building Insurance in place. This includes:

• Property Owners & Landlords – Protection for rental properties against structural damage and loss of rent.
• Retailers & Hospitality Businesses – Cover for shops, restaurants, cafes, and hotels against fire, flood, and other risks.
• Office-Based Businesses – Protection for office premises, whether owned or leased, covering damage and repairs.
• Manufacturing & Industrial Businesses – Cover for factories, warehouses, and workshops against accidental damage, theft, and business interruption.
• Commercial Tenants – Cover for leasehold improvements and tenant responsibilities.

Why is Business Building Insurance Important?

Unexpected events such as fires, floods, storms, and vandalism can cause major financial setbacks for businesses. Without adequate cover, repair costs and lost revenue could significantly impact operations.

Common risks that Business Building Insurance protects against include:

• Fire & Smoke Damage – Covers the cost of repairing fire-damaged structures.
• Flood & Water Damage – Protection against burst pipes, storms, and other water-related damage.
• Theft & Vandalism – Covers repairs and replacements for stolen or damaged property.
• Structural Damage – Protection against accidental damage to the building’s structure.
• Business Interruption – Covers lost income if your premises become unusable due to an insured event.

What’s Covered in Business Building Insurance?

Business Building Insurance policies typically include:

• Property Repairs – Covers the cost of repairing damage caused by fire, floods, and other insured events.
• Rebuilding Costs – Protection for full reconstruction if the property is severely damaged or destroyed.
• Fixtures & Fittings – Covers permanent fixtures, such as plumbing, heating, and electrical systems.
• Loss of Rent – Compensation for landlords if tenants cannot occupy the premises due to damage.
• Alternative Accommodation – Covers temporary relocation costs if your premises are unusable.

What’s Not Covered?

• Wear and tear or gradual deterioration.
• Damage due to poor maintenance.
• Intentional damage or negligence.
• Losses from unoccupied buildings (unless specified in the policy).

Additional Cover You May Need

Depending on your business type, you may need additional cover such as:

• Stock Insurance – Ensures your stock is covered from unforeseen risks like fire, flood, or theft.
• Public Liability Insurance – Covers injury or property damage claims from visitors or customers.
• Employers’ Liability Insurance – Required by law if you employ staff, covering workplace injuries.
• Business Interruption Insurance – Covers loss of income if your premises become unusable.

At Insurably, we have access to 100's of insurer markets, meaning that no matter how unique your requirements are, we know where to find the right cover to suit you.

Start your quote online, and rest assured that we’re working hard to match you with the best insurer, ensuring you get the coverage you need.