Commercial Property Insurances
Most businesses will look to insure their property
which can be divided into three main categories: -
- Buildings (including landlord's fixtures & fittings)
- Stock (stock in trade and goods held in trust)
- Machinery, Plant and Other Contents
The perils that property may be insured against include:
-
- Fire
- Lightning
- Explosion
- Aircraft
- Riot
- Civil Commotion
- Malicious Damage
- Earthquake
- Subterranean Fire
- Spontaneous Fermentation
- Storm
- Flood
- Burst Pipes
- Leakage of Oil
- Impact
- Sprinkler Leakage Subsidence
- Ground Heave
- Landslip
- Accidental Damage
- Theft
Alternatively, most insurers will offer
property insurances on an "All Risks" basis these days which
promises to pay for "accidental damage or destruction to the property
insured".
Other property covers which should be considered
include: -
- Money Insurance - covering "all risks" of loss or damage to money in many situations.
- Glass Insurance - covering glass breakage by "any
cause not excluded". Insurers will normally arrange speedy replacements.
Bruce Stevenson Risk Management Ltd arrange
property insurances for a vast range of commercial enterprises the length
and breadth of the UK, including retailers, wholesalers, contractors,
farmers, property owners and manufacturers. These organisations can vary
greatly in size and needs and only through speaking to the people involved
can we truly assess their property insurance requirements.
Our team of experienced commercial insurance brokers
utilise a large panel of insurers in the placing of commercial property
insurances to ensure competitive pricing. The panel is reviewed regularly
to ensure that it contains companies of the requisite financial standing
that offer covers that are amongst the best available today.
Please contact
us to discuss your commercial property insurance needs.
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