Commercial Property

• Q: How long is a quote valid for?

  A: Generally 30 Days.
  

• Q: How far in advance can I get a quote?

  A: Insurers again will expect the policy to be due for renewal / inception in the next 30 days.
  

• Q: How many claims can I have?

  A: Claims may affect the terms, conditions and premium. In some cases frequent claims may result in your property becoming uninsurable.
  

• Q: What are the exclusions on this policy?

  A: Please refer to the policy summary document where we detail the general exclusions. For more details please refer to your policy wording or call us on 0800 6343 880.
  

• Q: What are the standard excesses?

  A: Please refer to the quotation as insurers standard excesses can range from £300-£500. Excess can also vary depending on the peril insured. For example subsidence cover usually attracts a minimum excess of £1,000
  

• Q: What does public liability cover?

  A: This provides protection against your legal liability for death or bodily injury (other than to an employee) and / or loss or damage to third party property arising out of the operation of your business.
  

• Q: What does employer's liability cover?

  A: This protects you against claims for compensation from employees following injury they may sustain whilst carrying out their duties in the course of your business for which you are legally liable.
  

• Q: What if I haven't got a business name?

  A: If you do not have a business name then please enter your full name instead.
  

• Q: Is Glass Covered Under the Policy?

  A: Under the terms of the lease if you are responsible for the glass then this must be included within the building sums insured.
  

• Q: What is the declared value?

  A: Declared value is the current full rebuilding cost of the property. This should also include an allowance for architects and surveyors fees.
  

• Q: What is Building Sums Insured?

  A: Building sums insured is the rebuilding cost of the property including Day One Uplift. This should also include an allowance for architects and surveyors fees.
  

• Q: Does the occupancy at the property have any bearing on the premium?

  A: Yes, insurers will rate a restaurant higher then a greengrocer for example due to the higher fire risk.
  

• Q: What happens if the tenancy changes mid term?

  A: You will have to notify us straight away in writing as this could have a bearing on how the insurers rate the risk and in some circumstances may not be acceptable to current insurer.
  

• Q: Does it affect the policy if the property becomes unoccupied?

  A: Yes, you must notify us immediately in writing and follow the unoccupied conditions set out in the policy wordings. Insurers may restricted cover during this period and if unoccupied long term they may imposed special terms or if unoccupied long term they may wish to come off cover.
  

• Q: What is Standard Construction?

  A: Brick stone or concrete built and roofed slates tiles metal concrete or sheets or slabs composed entirely of incombustible mineral ingredients and plastic roof lights.
  

• Q: Non Standard Construction?

  A: Constructed of materials other than those detailed in the definition standard construction.
  

• Q: Do you use a single insurer or a panel of insurers for your quotations?

  A: Depending on the type of quotation will depend on if we use our panel of insurers or just a single insurer, you will be notified at the time of quotation on which insurers that we have approached.