Protecting a commercial property is very important. You can insure it the same way you can cover a residential one, protecting both the building itself and the contents. The insurance will cover the cost of repairing the structure and replacing damaged or stolen items in a wide number of events.

Again you can opt to protect the building and contents separately or decide on joint cover. It is crucial you choose the right policy and ensure your interests are protected. Going uninsured leaves you open to huge bills if there is a problem, potentially putting the whole enterprise at risk of going out of business.

You can choose commercial property insurance to protect business premises whether you own or rent them. With the former you’ll want to consider protecting the building and the contents. If you rent your focus should be on the contents; the landlord will be responsible for protecting the property.

With building coverage it is important to remember you need to insure against the value of the rebuild rather than the sale or market price for the structure. For contents you will need to estimate the value of your stock and equipment to ensure you are properly covered.