Skip to main content
"Primo's advice made insuring our business premises correctly a simple task."
At Primo, we like all our clients to feel this way

Commercial Property Insurance: Safeguarding Your Business Assets

As commercial property insurance brokers in the UK, we are dedicated to protecting your business assets and investments. Commercial property insurance is essential for businesses of all sizes, providing cover against a wide range of risks that could impact your premises, equipment, and inventory.

What Does Commercial Property Insurance Cover?

Commercial property insurance typically covers:
  • Buildings:

    Protection for owned or leased buildings against perils such as fire, lightning, explosion, vandalism, and certain natural disasters like storms or floods.
  • Contents and Equipment:

    Cover for business contents, including furniture, inventory, machinery, equipment, and fixtures, against damage or loss due to covered perils.
  • Business Interruption:

    Compensation for lost income and ongoing expenses if your business operations are interrupted or temporarily shut down due to a covered peril, such as a fire or natural disaster.
  • Liability Claims:

    Protection against third-party claims for bodily injury or property damage that occur on your business premises, such as slip-and-fall accidents or property damage caused by your operations.
  • Theft and Burglary:

    Cover for theft, burglary, or vandalism-related losses, including damage to property and stolen goods.

For Businesses:

  • Tailored Cover Solutions:

    We understand that every business is unique. Our team works closely with businesses to assess their property risks comprehensively and tailor insurance cover solutions that meet their specific needs, ensuring adequate protection for buildings, contents, machinery, and more.
  • Risk Mitigation Strategies:

    Identifying and mitigating risks is crucial for maintaining business continuity. We conduct thorough risk assessments to identify potential hazards such as fire, theft, natural disasters, and liability risks, recommending proactive measures and insurance cover to mitigate these risks effectively.
  • Comprehensive Policies:

    Our commercial property insurance policies offer comprehensive coverage for various perils, including fire, flood, vandalism, burglary, business interruption, and liability claims arising from property-related incidents. We ensure that your policy is designed to provide financial protection and peace of mind.
  • Claims Support and Advocacy:

    In the event of a property-related loss or damage, our team provides dedicated claims support, guiding businesses through the claims process and advocating on their behalf to ensure fair and timely settlements. We strive to minimise disruptions to your business operations during challenging times.

Why Choose Primo?

  • Industry Expertise:

    With our extensive experience in commercial property insurance, we offer in-depth industry knowledge and expertise to guide businesses in selecting the right cover options and risk management strategies tailored to their industry and unique requirements.
  • Personalised Service:

    We value personal relationships with our clients. Our personalised approach ensures that each client receives individual attention, prompt responses to inquiries, and ongoing support throughout their insurance journey, including policy reviews and updates as business needs evolve.
  • Risk Management Partnerships:

    Beyond insurance, we foster risk management partnerships with businesses, providing proactive advice on loss prevention, safety protocols, and resilience planning. Our goal is to help businesses reduce risks, lower insurance premiums, and enhance overall risk preparedness.
  • Regulatory Compliance Guidance:

    Keeping abreast of regulatory changes and compliance requirements is essential. We keep our clients informed about relevant insurance regulations, building codes, and industry standards, ensuring their insurance policies remain compliant and up to date.
Chalk board with the words, where do I start?, written in white chalk
Straightforward
We ensure obtaining your insurance is straightforward.
Chalkboard with question written in white and we can help in yellow
Questions
Your assigned broker is happy to answer your concerns.
four wooden dolls take cover under a peach coloured umbrella
Protected
Correctly covering your business grants you great peace of mind.
Chalk board with the words, where do I start?, written in white chalk
Straightforward
We ensure obtaining your insurance is straightforward.
Chalkboard with question written in white and we can help in yellow
Questions
Your assigned broker is happy to answer your concerns.
four wooden dolls take cover under a peach coloured umbrella
Protected
Correctly covering your business grants you great peace of mind.

Commercial Property Insurance FAQ: Protecting Your Business Assets and Investments | Primo

  • What is commercial property insurance, and why is it important for businesses in the UK?

    Commercial property insurance provides cover for buildings, contents, equipment, and liabilities related to business premises. It is essential for businesses in the UK to protect their physical assets and mitigate financial risks associated with property-related incidents.
  • What types of properties can be covered under commercial property insurance in the UK?

    Commercial property insurance can cover a wide range of properties, including office buildings, retail stores, warehouses, manufacturing facilities, and more. It can also extend to leased or rented properties.
  • What perils are typically covered by commercial property insurance policies in the UK?

    Common perils covered include fire, lightning, explosions, vandalism, theft, burst pipes, storms, floods, and sometimes earthquakes depending on the policy.
  • Does commercial property insurance in the UK cover business interruption losses?

    Yes, many commercial property insurance policies in the UK include cover for business interruption losses resulting from covered perils such as fires or floods, which can help businesses recover lost income and ongoing expenses.
  • How are commercial property insurance premiums calculated in the UK?

    Premiums are calculated based on factors such as the value of the property, its location, construction type, security measures in place, business activities conducted on the premises, previous claims history, and the desired cover limits.
  • Are there specific types of businesses or industries that require specialised commercial property insurance cover in the UK?

    Yes, businesses with unique risks such as restaurants, hotels, manufacturing plants, or high-tech companies may require specialised cover options tailored to their industry-specific risks and needs.
  • Does commercial property insurance cover damage caused by terrorism in the UK?

    Standard commercial property insurance policies in the UK typically exclude cover for damage caused by acts of terrorism. However, businesses can purchase separate terrorism insurance to address this risk.
  • Can commercial property insurance in the UK cover properties located outside the country?

    Yes, some insurers offer cover extensions or separate policies to cover properties located outside the UK, particularly for businesses with international operations or overseas properties.
  • What steps should businesses take to ensure they have adequate commercial property insurance coverage in the UK?

    Businesses should conduct regular risk assessments, accurately assess the value of their assets, review policy terms and cover limits periodically, update insurers about changes in property usage or value, and work with experienced insurance brokers to tailor cover to their needs.
  • Does commercial property insurance in the UK cover damage caused by wear and tear or maintenance issues?

    Standard policies typically exclude cover for damage caused by wear and tear, gradual deterioration, or lack of maintenance. It is important for businesses to maintain their properties to prevent such issues.
  • Can commercial property insurance cover temporary premises or movable assets like equipment used off-site?

    Yes, insurers may offer cover extensions or separate policies to cover temporary premises, equipment in transit, or assets used off-site, ensuring comprehensive protection for business assets wherever they are located or used.
  • What is the difference between "all-risk" and "named-peril" commercial property insurance policies in the UK?

    An "all-risk" policy provides broader cover for a wide range of perils unless specifically excluded, while a "named-peril" policy only covers perils explicitly listed in the policy. Businesses should choose based on their risk tolerance and specific cover needs.
  • Does commercial property insurance in the UK cover losses due to cyber-attacks or data breaches?

    Standard commercial property insurance policies typically do not cover losses due to cyber-attacks or data breaches. However, businesses can purchase separate cyber insurance policies to address these risks comprehensively.
  • What documentation is required when making a commercial property insurance claim in the UK?

    Businesses should prepare and submit detailed documentation such as the insurance policy details, incident reports, proof of loss or damage, repair estimates, and any other relevant documents requested by the insurer to support their claim.
  • Can businesses adjust their commercial property insurance coverage during the policy term in the UK?

    Yes, businesses can often adjust coverage limits, add endorsements for specific risks, or make other policy modifications during the policy term by working with their insurance broker or provider.
  • What are some common exclusions in commercial property insurance policies in the UK?

    Common exclusions may include damage caused by war, nuclear hazards, intentional acts, pollution, government actions, and certain types of natural disasters not covered by the policy.
  • Does commercial property insurance cover damage caused by employee negligence or errors?

    Cover for damage caused by employee negligence or errors may vary depending on the policy terms. Businesses can explore options such as professional liability insurance or management liability insurance for broader cover.
  • How does the location of a business property impact commercial property insurance premiums in the UK?

    Properties located in high-risk areas prone to natural disasters, crime, or other hazards may attract higher insurance premiums due to increased risks. Insurers consider factors such as crime rates, flood zones, and proximity to fire stations when determining premiums.
  • What role do insurance brokers play in helping businesses with commercial property insurance in the UK?

    Insurance brokers assist businesses in assessing risks, comparing insurance options from multiple insurers, negotiating cover terms and premiums, providing ongoing advice, facilitating claims processing, and ensuring businesses have suitable insurance protection.
  • Are there government schemes or incentives related to commercial property insurance in the UK that businesses should be aware of?

    While there may not be specific government schemes for commercial property insurance, businesses should stay informed about relevant regulations, building codes, safety standards, and tax incentives related to property maintenance, security upgrades, or disaster preparedness that may indirectly impact insurance needs and costs.

Other property insurance products

Professional Advice
Protect Your Business Property with Quality Insurance Offering Complete Coverage and Peace of Mind | Primo
Professional Advice
Protect Your Employees, Your Office Equipment, The Contents & Your Liabilities with | Primo
Professional Advice
landlord money box in the shape of a little wooden house
Buildings, contents & liability insurance for rental properties. Protect your investment with | Primo
Professional Advice
model house beside a slightly bigger lightbulb
Insurance Solutions Tailored for Property Owners Offering Complete Coverage and Peace of Mind | Primo
Professional Advice
Landlord's Property Portfolio Insurance: Comprehensive insurance covers landlords with multiple properties. Protect your rental investments with one easy-to-manage policy | Primo
Professional Advice
Protect Your Retail Business with Stock, Contents, Public Liability & Business Interruption Cover | Primo