Commercial Property Insurance Brokers
Learn more about Commercial Property Insurance
Commercial Property Insurance Brokers
Learn more about Commercial Property Insurance
Commercial Property Insurance
Commercial Property Insurance is a policy that protects your Commercial property that you own, such as a building. If you own a commercial building, it is important that your investment is protected with the correct insurance.
Commercial Property Insurance can cover warehouses, factories, office buildings, retail premises, and other types of buildings that are occupied for commercial use.
What does Commercial Property Insurance Cover?
Commercial Property Insurance can offer general protection which may include cover against:
Property Damage
Repair or replacement of property damaged
Business Interruption
Loss of trading profit following insured damage to property and additional costs and expenses incurred during a claim
Theft
Replacement of stolen items and repairs to damaged property
Public Liability
Your liability to pay compensation for personal injury and property damage as well as the costs involved in defending a claim triggered by the policy
Glass
For replacing glass inside or outside your premises, including your shopfront windows, mirrors or display cases
Electronic Equipment Breakdown
For repairing or replacing electronic equipment that breaks down
Machinery Breakdown
Cover for costs associated with machinery breakdown
Tax Audit
To cover the costs of being audited by the ATO.
Why do you need Commercial Property Insurance?
A Commercial Property Insurance Package can protect your property from the financial implications of fire, natural disasters, and accidents. With the right insurance policy in place, your building, rental income if leasing the property, business turnover if trading from the property, and your liabilities can be protected so you can continue on doing business with minimal disruptions.
How can Morgan Insurance Brokers help?
Morgan Insurance Brokers can assist you with tailoring a Commercial Property Insurance Package that suits your individual needs. Whether you occupy the property yourself, or you are the commercial landlord, there are certain exposures that you need to consider. We can provide advice to ensure that your financial future is secure with an adequate policy in place.
“Having the right insurance will help protect your business and minimise its exposure to risk. This may include insuring your business, your income and your commercial risk.”
Contact Morgan Insurance Brokers for your tailored Commercial Property Insurance Quote.
“Having the right insurance will help protect your business and minimise its exposure to risk. This may include insuring your business, your income and your commercial risk.”
Contact Morgan Insurance Brokers for your tailored Commercial Property Insurance Quote.
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Frequently Asked Questions
Whether you lease your commercial property to a business, or occupy the property yourself, Public Liability Insurance is highly recommended. It will protect you against third party property damage and third party injury claims brought against you.
A comprehensive Commercial Property Insurance policy can protect your rental income if the building were to suffer damages from an insured event that deemed the property uninhabitable. The correct insurance policy will provide cover for your rental income whilst the property is repaired.
Depending on the insurer and the level of cover you’ve opted for, a Commercial Property Insurance Policy can protect you for the below events
- Fire or explosion
- Smoke
- Lightning or Thunderbolt
- Earthquake or tsunami
- Vandalism
- Escaped liquid
- Accidental Damage
- Impact Damage
- Storm, rain water, hail or wind
- Flood may be requested