Property Owners' Insurance

What is property owners insurance?

Property owners insurance is also known as Landlords Insurance. It is a package product with various aspects of cover which is designed for companies who have a portfolio of properties which are owned but not occupied by the owner. they may be let out to tenants.

Insurers normally provide options to include cover for:

buildings insurance
landlords contents insurance
loss of rent
public liability
employers liability
legal expenses

Additional covers are sometimes available if they are required such as directors and officers insurance, insurance against terrorism, goods in transit insurance, employee crime and specified all risks insurance etc. etc. Each packaged product is tailored to suit your specific requirements.

Who needs property owners insurance?

It is the landlords responsibility to adequately maintain and repair their property. Property owners insurance is not a legal necessity but without it you can leave your business exposed to compensation claims related to property damage or injury. Protecting against such an event makes sound business sense.

Anyone that owns property whether they operate as a landlord for a single residential dwelling or they own and manage hundreds of commercial properties across the UK will need property owners insurance.

Tailored property owners insurance

Commercial property owners insurance, is a comprehensive policy which can be tailored to your specific needs depending on your premises and circumstances. of a variety of premises and circumstances. Some of the types of properties that may require property owners insurance are commercial properties, industrial properties, offices, retail outlets and residential associations.

Here at Essex and Suffolk Insurance Brokers, property owners insurance is one of our specialities. We are experts at tailoring what can be a complex policy to your specific needs in the most efficient and cost effective way.

Some common elements of these policies are detailed below.

Commercial Buildings Insurance

Commercial buildings insurance will protect your company’s buildings against damage from a range of insured perils much like a residential policy does for your home. Examples of such perils can include: fire, theft, storm, flood, escape of water, impact, explosion and riot. Commercial buildings insurance can cover the full cost of rebuilding, including any permanent fixtures such as kitchens and bathrooms.

Landlords Contents Insurance

Landlords content includes anything owned by your company within the property that is removable such as furniture that you have provided as part of a tenancy. Landlords contents insurance will protect your company’s contents against loss or damage from a range of insured perils just like a residential policy for your home. Examples of such perils can include: fire, theft, accidental damage, storm, flood, escape of water, impact, explosion and riot.

Loss of Rent Insurance

Loss of rent provides protection for the financial loss you may suffer in the event that you are unable to rent out the property due to the action of an insured peril on or in your property. Coverage again is tailored for both the rental income and the indemnity period depending on your budget and personal requirements. The indemnity period is often 12 to 36 months, depending on how long it takes to rebuild / repair your property and re-let.

For an informal chat about your requirements, why not get in touch with us today on 01206 845895 or complete the form below and we will come straight back to you.

If you have an enquiry or would like a quote for any type of insurance please complete our form and we will get back to you soon.

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What our customers say

"Dear Nick

I am writing to express my sincere thanks to you for the help you gave us with regards to the Public Liability and employers Liability insurance. Your Company have saved us over £1500 for which we are really grateful.

Having had first class experience of your efficiency, I am proud to be able to refer you with confidence.

Thank you once again for your hard work.

Kindest regards"

Diana Lee - Whitehall Electrical Limited

What our customers say

"Dear Nick

I am writing to express my thanks for your help in sorting out my House Insurance policy.

You were very professional and I would have no problem in recommending you to clients or friends.

Many thanks"

Mel Kemp - The Gentle Touch

What our customers say

"Dear Nick

On behalf of all at Granite Computers, I would just like to say thank you for handling the recent renewal of our company insurance.

After examining our cover requirements in detail, you managed to save us a huge amount on our renewal costs, but most importantly you still managed to deliver the same amount of cover we had the previous year.

You handled our enquiry efficiently and I was very impressed with your customer service and knowledge of what we required.

With your huge amount of knowledge and experience in the insurance industry, I would be more than happy to recommend you to any business; I have already passed your business card to many of my friends and family.

Thanks again,
Kind regards"

Tim Hawes - Managing Director at Granite Computer Solutions

Why choose us?

Calculating exactly what you need to fully protect your business and the services you provide can be complex  but Nick Thurston at Essex and Suffolk Insurance Brokers will personally steer you through the options and jargon.

 

Meet Nick Thurston

Essex & Suffolk Insurance Managing Director Nick Thurston has spent in excess of forty years working in the insurance market, gaining knowledge, building relationships and helping a diverse range of businesses get protected.

 

Business Insurances

At Essex and Suffolk Insurance Brokers we not only understand everything there is to know about insuring a business or property, we are specialists in our field, and understand that any financial outlay made should offer value for money.

 

Contact Us Today!

Whether you know exactly what your requirements are or need to discuss the best solution for you, please get in contact with us today. You will speak direct to a member of our team who will be able to advise you.

 

Why choose us?

Calculating exactly what you need to fully protect your business and the services you provide can be complex  but Nick Thurston at Essex and Suffolk Insurance Brokers will personally steer you through the options and jargon.

 

Meet Nick Thurston

Essex & Suffolk Insurance Managing Director Nick Thurston has spent in excess of forty years working in the insurance market, gaining knowledge, building relationships and helping a diverse range of businesses get protected.

 

Business Insurances

At Essex and Suffolk Insurance Brokers we not only understand everything there is to know about insuring a business or property, we are specialists in our field, and understand that any financial outlay made should offer value for money.

 

Contact Us Today!

Whether you know exactly what your requirements are or need to discuss the best solution for you, please get in contact with us today. You will speak direct to a member of our team who will be able to advise you.