About Commercial Property Insurance
Property insurance as the name suggests is designed to protect your asset from risks such as fire, theft, vandalism, water damage, and natural disasters. It can also provide liability protection for third party injuries occurring on the insured property as well as protection for loss of rent income resulting from an insured event.
It can also include:
- Rental default (cover if the tenant fails to pay rent)
- Loss of rent (covered only if the building is uninhabitable for a period as a result of a fire, flood etc. and cover is an amount while the property is being repaired)
- Public Liability
