Property is certainly one of the most valuable assets that you well ever own; whether it is your home or the premises for your business, your property requires the protection of a comprehensive insurance policy. Here at Insure 24-7, we’re able to offer you a policy to insure your property that is designed to meet your specific requirements. We have a range of policies available for commercial properties, with additional coverage available for buildings that may be used for high-risk ventures or contain specialist facilities and equipment.
Similarly, we’re able to insure your property if you’re a landlord who rents to either residential or commercial tenants.
We can even insure your home or private property, with one of our personal policies. No matter the type of property you’re seeking to protect, Insure 24-7 will be able to create a policy that meets your needs, with a highly competitive and affordable premium.
Landlords need flexibility when it comes to commercial property insurance. At Insure 24-7, our aim is to keep things simple, but precise, whether the cover is for a number of properties or a one-off commercial venture. We will help you find the insurance policy you need and help you choose a level of cover including:
Commercial buildings insurance is not a legal requirement, however you will find that standard insurance e.g. buildings cover, may not insure you in the event of a claim being made. If you opt not to have insurance at all then you will be liable to pay for any damage suffered to the property and injuries caused to third parties through negligence.
What types of properties can be insured?
Insure 24-7 can literally find you insurance for any property, including:
What else do you need?
Rental incomes can also be protected. If your property suffered a severe loss by fire or flood, your paying tenants would be unable to occupy the property until it was fully restored
It is also possible to insure unoccupied properties, depending on the policy you opt for the length of cover can be tailored to meet your needs, which would vary depending on the circumstances:
There are also specialist products for specialist types of building, whether that is a listed building, a building of non-standard construction or for multi-tenancies.
In some circumstances you may own a property that has dual uses e.g. you have commercial tenants downstairs but you also own the flat that sits on top. Typically if you have buildings cover, it would cover the entire building, we would also recommend liability insurance to cover any negligent acts that result in claims. Tenants can then independently arrange cover for their contents
In today’s current climate it is a common occurrence for properties to be bought and sold on a regular basis. It is possible for any properties sold during the period of cover to have their policy cancelled and premiums refunded on a pro rata basis.
There are a whole host of insurers that will be interested in insuring your buildings. As brokers, Insure 24-7 have access to a wide range of facilities on the market and will have great insight into which insurer would be best placed to manage your risk, both in terms of price and coverage but also expertise and understanding of your needs.
Additionally, we work with a range of insurers including Lloyds, A-rated insurers and other FCA-regulated insurers & facilities, which will give you added peace of mind should any complaints arise and in terms of financial stability of that insurer.
Getting you a suitable insurance quote will vary in length of time depending on the risk you wish to insure. For individual buy-to-let premises you can obtain an immediate quotation online. However, if you have a non-standard risk or a portfolio of properties we will have to have a discussion with the underwriters in order to get you a bespoke quote.
When you choose Insure 24-7 you can expect to receive coverage underwritten by A-rated UK insurers, fully regulated by the FCA, specialist policies to suit your business and an outstanding level of customer service.
Our policies are affordable with highly competitive premiums; you won’t find cover so specific to your business for such reasonable prices. With a range of Flexible Finance Options available too, you can effectively spread the cost of your policies over the year.
We’re able to offer our services throughout the UK, and you’ll find that staff at our branches has an excellent understanding of your needs.