Commercial Property Insurance

Commercial Property Insurance protects your factory, warehouse, office building, or even your market stall, against loss or damage due to fire, water, storm, impact, malicious activity, vandalism, accidental damage and more. It seems simple – you pay premiums, and in the event of damage to your commercial premises, you receive a payout to compensate for the damage.

However, as with all insurance policies, it is important to be aware of the inclusions and exclusions when you take out the policy and not when you are making a claim. Your policy may pay a benefit to enable you to rebuild your factory, but won’t cover you for loss of income while the premises are unusable. For this, you will need Business Interruption Insurance.

You should also be aware of the consequences of under-insuring in order to save on premium costs. When you make a claim, if it transpires that you are under-insured, you will receive a lesser benefit than you anticipate. Melbourne Insurance Brokers will assist you in calculating the right cover amount, ensuring that you are fully insured.

As a business, you should have a package of Business Insurances tailored to suit your business. As all businesses are different, we will help you select the best combination of insurances to protect your business.

Contact us now on 03 9686 0688 to discuss your Commercial Property Insurance needs with an expert broker at Melbourne Insurance Brokers.