Business Buildings Insurance

Business buildings insurance is available whatever industry you’re in; from post offices to pubs, florists to furniture shops, a flexible business insurance package could cover all your business needs. The right policy could offer protection, not just for your place of work, but also for personal safety, public liability, fixtures and fittings and equipment breakdown.

What’s Covered?
Your building must be covered against damage or destruction due to flooding, fire or explosion. You’ll be covered for full rebuild costs (so it’s crucial you value this correctly) and if you rely on expensive machinery for your business to function then you can also extend your policy to include equipment breakdown. If you rent your business space then the buildings insurance cover should be taken care of by your landlord – all you have to worry about is your business stock, equipment and machinery.

Buildings used for business are classed as commercial properties. As such, you must make sure that you have specialist commercial buildings cover. Standard domestic buildings policies will not usually provide sufficient protection from the increased risks associated with running a business. You can normally save money by combining your buildings, business equipment and liability cover.


Public and Employers' Liability
Combining your business buildings insurance with public and employers' liability cover could save you money. Public liability insurance is an essential element of any business insurance policy as it can help protect you from any third party claims on your property, including trespassers and intruders. If anyone were to be injured on your property, they could make a claim for damages against you. Adequate public and employer’s liability insurance could help cover these costs for your business and safeguard the reputation of your company.

Liability insurance is usually included as standard with a commercial buildings policy. In some cases though, protection is restricted to the buildings only. You may need cover for the liability risk of the contents. Do check the small print to make sure your business is fully protected.

Read more in our business insurance guides or get a quote now.