Commercial
Property Insurance
UK Sure can offer cover for a range of commercial properties from our trusted network of leading insurers!
You can place just one commercial property or a whole portfolio under one policy, including unoccupied, non-standard, residential, and mixed-use buildings.
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For single or multi-location commercial property risks of up to £2m sum insured per location. We can quote for over 2,000 eligible trades, including multi-tenure properties.
Policies are available for 3, 6, or 12 months, all including a cyber helpline and ID Fraud cover. EL, Terrorism, Cyber, and Legal Expenses cover options are also available.
Commercial Property Insurance
Commercial Property Standard Cover
UK Sure provides tailored solutions to meet your exact needs, ensuring our range of commercial property insurance policies covers every situation. Here are just some scenarios where we can offer specialist coverage:
Cover your commercial property portfolio in one policy
We like to make life easier. By ensuring your whole commercial property portfolio is in one place, you'll get one renewal date, one reference number, one price, and only one company to deal with. Not only that, but it's likely to be cheaper for you too. Call our specialist commercial property insurance team to discuss your options.
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Commercial property owners' liability insurance
Property owners’ liability insurance protects claims made against you in respect of damage to third-party property or injury to third-party persons as a result of negligence relating to the property you are responsible for. It is possible to include this in all the policies we provide – just let us know the limit of coverage you need.
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Loss of rent insurance for commercial properties
If you experience an insured loss at the property, it may become uninhabitable while repairs are carried out. To protect you from losing out on rent or if you need to cover the cost of alternative premises for your tenant, this cover will reimburse you for the amount you would have earned from your tenants during the interruption period. The period of cover can be tailored to suit the nature of your property, up to 36 months.
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Commercial fire and theft insurance for properties
A commercial property owner’s insurance package will protect your business and its premises through a combination of property damage and liability insurance. It can be made up of covers including buildings, landlord’s contents, loss of rent, property owner, and employers' liability insurance. Commercial fire and theft insurance perils are included, which protect against fire, electrical fire, arson, and break-ins.
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What is commercial property insurance?
Commercial property insurance covers the cost of repairing or rebuilding your business premises or replacing your stock or equipment. It covers you against risks such as:
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Falling trees
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Burst pipes (escape of water)
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Fire
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Flooding
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Riots
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Storms
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Subsidence
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Theft
There are two main types of home insurance:
Buildings insurance - Buildings insurance covers the cost of repairing or rebuilding your business premises if damaged or destroyed.
Homeowners insurance is not required by law, but most mortgage providers will insist that you take out a policy before they give you a loan.
Even if you own your business premises outright, you should still consider building insurance to cover you against the cost of repairs or rebuilding your property.
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If you rent your business premises, building insurance is your landlord's responsibility – but you may consider taking out contents insurance to protect your stock and equipment.
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You should always insure your business premises against the cost of rebuilding the property, not against its sale price or current market value.
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Most building insurance policies will not cover you for:
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General wear and tear – everyday things that happen to your property over time such as carpets wearing thin
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Acts of war or terrorism – buildings insurance policies usually exclude damage caused by terrorism, but specialist insurers can provide cover for commercial properties for an extra premium Cover for terrorism is supported by the Pool Re scheme, which provides government-backed funding to ensure that businesses owners are protected against losses from damage caused by acts of terrorism.
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Contents Insurance
Contents insurance covers the cost of replacing your business’s stock or equipment if it is damaged or stolen.
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Valuing your stock and equipment
If you are taking out contents insurance, you should ensure stock against its cost price, not its sale price. If there are times when you have more stock on your premises than usual, for example, in the run-up to Christmas, you should make sure your insurance covers this.
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There are two types of contents insurance policies for business equipment:
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replacement as new policies replace an item that has been stolen or damaged beyond repair with a new one
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Indemnity policies take wear and tear into account, replacing your items at their current value. For example, if you bought an item in 2010 for £1,500 and it’s valued at £1,000 in 2012, your insurer will pay out the lower amount if you make a claim
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Additional Cover
​Business interruption insurance covers you if you cannot do business as normal as a result of an event that causes damage to your premises or equipment. It is usually offered as an extra when you buy buildings or contents insurance. It covers:
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any shortfall in pre-tax profits resulting from the event
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any increased costs in running your business as a result of the event, such as extra accountants’ fees.
How to Buy Commercial Property Insurance
Pick what you need. Start a quote and customise your policy. If you rent your property, probably you don't need to insure any contents! Secure your property with the right insurance plan.
Check your details and payment options
We’ll email you the quote along with optional payment options. Once you've reviewed your quote details and would like to move forward, simply confirm your preferred payment method, and we'll activate your policy!
UK Sure does the hard work
​We dive right in, comparing property insurance quotes from top insurers just for you! We’ll consider all the benefits you need and provide you with a bespoke quote tailored to your insurance needs.
Policy Sorted
Once we get your confirmation, we'll activate your policy and email you the documents right away!
You can sit back and relax, knowing your property is fully insured. Plus, if you ever need to make a claim, we're here to help you every step of the way!
Need to make a claim?
Tam de Franca - Claims
Our claims process
Unlike price comparison websites, we take the hassle out of claims. We know how important it is to get your business back on track quickly – and with minimum fuss. That’s why you get access to a dedicated claims team that will strive to liaise with your insurer to settle your claim quickly and hassle-free.
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Need to make a commercial property insurance claim?
Call our team on 01323 416706
UK Sure Customer Services
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