Commercial Property Insurance
Commercial property insurance protects the physical assets your business depends on. This can include buildings, fixtures, equipment, stock and other contents that would be costly to repair or replace.
Events such as fire, theft, burst pipes, vandalism or storm damage can cause significant disruption, especially for companies that rely on a fixed location or specialist equipment.
This cover helps you pay for repairs, replacement items and, if included, the income you lose while your premises cannot be used.
For many businesses, commercial property insurance plays an important part in maintaining financial stability and keeping operations moving after an unexpected setback.
All policies are arranged with FCA-authorised insurers for added peace of mind.
Why Choose This Cover?
Commercial property insurance supports your business when damage occurs to your building, stock or equipment, helping you manage the practical and financial impact of incidents that could otherwise halt operations and cost you even more money. Business interruption cover can also keep your business moving during repairs, easing the financial pressure while you get back on your feet.
Choosing a Limit
The limit you choose should reflect the full cost of repairing or rebuilding your premises and replacing essential items. For buildings, the rebuild cost (not the market value) is the relevant figure. If you hold high-value machinery, specialist equipment or large amounts of stock, you may need a higher limit to ensure everything can be restored. Reviewing supplier invoices, valuations and your contents inventory can help you select an accurate amount.
What’s Included in Our Commercial Property Cover?
Damage to buildings from insured events
Protection for your premises if it is affected by fire, flood, storm damage, vandalism or other insured events.
Cover for contents, equipment and stock
Support with replacing stolen or damaged items, from everyday office equipment to specialised machinery or materials.
Business interruption
If selected, this will help with lost income and extra operating costs when damage prevents you from trading as normal.
Loss of rent (for property owners)
Cover for rental income you miss out on when the property becomes unusable due to an insured event.
Wear and tear or gradual deterioration
Damage that develops slowly over time, such as corrosion or poor maintenance, is not covered.
Unoccupied properties without the correct policy
Premises left empty for extended periods require specific unoccupied property cover.
Damage caused by deliberate acts
Intentional damage by owners, employees or anyone acting on behalf of the business is excluded.
Incorrect rebuild valuations
If the sum insured is set too low, the policy may not cover the full cost of repair or reconstruction.
Why Icon Risk
✓ Practical advice based on real business risks
✓ Dedicated broker support with quick pricing
✓ Helpful advice you can understand
✓ Cover arranged through FCA-regulated insurers
✓ Professionals who understand different sectors
✓ Claims managed with accuracy & regular updates
✓ Flexibility to change or expand your cover
✓ Policies built for your day-to-day operations
FAQs
What is commercial property insurance?
It is a policy that protects your business premises, equipment and stock against damage or loss caused by events such as fire, theft or extreme weather.
Who needs commercial property insurance?
Any business that owns or relies on physical premises, equipment or stock can benefit from this cover. It is commonly used by retailers, offices, warehouses, manufacturers and property owners.
Is business interruption insurance included automatically?
No, but it can be added as an optional extra. It provides essential support if damage stops your business from trading.
Does it cover equipment that is taken off-site?
Only if the policy specifically includes portable equipment cover. Standard property cover applies to items kept on the insured premises.
Is it a legal requirement?
Commercial property insurance is not required by law, but many lenders, landlords or contracts may need it.
What does commercial property insurance cover if I don’t own the building?
It typically covers your contents, stock, equipment and any fixtures you’ve added as part of running your business.
Does my landlord’s insurance cover my equipment and stock?
No. A landlord’s policy usually protects the building itself. You are responsible for insuring your own items.