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07 5662 3592
Commercial landlord insurance is a property insurance policy designed for owners of commercial buildings that are leased to business tenants. It covers the building structure, common areas, and the landlord’s legal liability, and can also include cover for loss of rent when a property becomes untenantable following an insured event.
At Strata Building Insurance Brokers, we work with commercial property owners who own everything from single tenancy retail or office buildings through to larger multi-tenancy commercial complexes. We know that commercial landlord risks are assessed differently to residential investment properties, and we know which insurers genuinely understand the product and which ones do not.
We place insurance designed for commercial investment properties, not repurposed home and contents or standard business packages.
Send us your property details and in most cases we will have a quote back to you the same day.
We compare options across multiple insurers to find cover that suits the building, the tenancy type, and the way the property is used.
Our obligation is to you as the property owner, not to the insurer placing the risk. Always.
Tell us the property address, building type, and how it is tenanted. We take it from there.
We approach our insurer panel with the specifics of your property and identify policies suited to commercial landlord risks.
You receive a clear breakdown of cover, exclusions, and pricing in plain language. No jargon, no pressure.
Once you approve, we bind the policy and issue all documentation. Your building is covered and the paperwork is done.
Commercial landlord insurance is a building insurance policy for owners of commercial properties that are leased to business tenants. A well-structured policy covers the building structure against insured events such as fire, storm, water damage, and malicious damage. It also includes public liability cover for the property and can incorporate loss of rent when a tenanted property is damaged and becomes unfit for occupation.
The core purpose is similar but the underwriting approach is quite different. Commercial properties carry different risks depending on the nature of the business operating from them, the construction type, and the lease arrangements in place. Insurers assess commercial landlord risks more individually than residential, which is why having a broker who understands the commercial property market makes a practical difference.
We work with owners of retail shops, office buildings, warehouses, industrial units, medical and professional suites, and mixed tenancy commercial properties. The nature of the tenant’s business activity is one of the key factors insurers consider, as some occupancies carry higher risk than others. We assess the tenancy profile upfront so we approach the right insurers from the start.
Not necessarily. If you own multiple commercial properties, it may be possible to schedule them under a single policy depending on the insurer and the nature of the portfolio. This can simplify administration and consolidate your renewal date. We can assess your portfolio and advise on the most practical and cost-effective way to structure your cover.
Premiums are based on factors including the building’s replacement value, location, construction type, the nature of the tenancy, lease terms, and claims history. Properties with higher risk occupancies, older construction, or locations in areas exposed to natural hazards will generally attract higher premiums. We go to market across our panel to find competitive pricing for the level of cover your building needs.
Loss of rent cover protects your rental income when a commercial property becomes untenantable following an insured event such as fire or significant storm damage. For commercial landlords, rental income is often the primary return on the investment, and losing it while a building is being repaired can cause serious financial strain. The indemnity period, which is the length of time the cover applies, needs to reflect the realistic timeframe for repairs or rebuilding in your market.
Deliberate or malicious damage by a tenant is generally an insured event under a well-structured commercial landlord policy. Gradual damage, wear and tear, or damage resulting from a tenant’s business operations may not be covered depending on the policy wording. We review the specific terms with you before a policy is bound so you know exactly where you stand.
Vacancy is a significant underwriting factor for commercial landlord insurance. Extended vacancy can affect both the availability of cover and the conditions applied to the policy. Most insurers impose specific requirements around inspections and security for vacant commercial properties. It is important to notify your insurer promptly if a property becomes vacant and to seek advice on whether your existing cover remains adequate.
Yes, though these occupancies require more specialist placement. Businesses such as restaurants and cafes with deep fryer or commercial kitchen operations, smash repair and mechanical workshops, fibreglass fabrication, stone benchtop cutting and polishing, spray painting, and timber joinery are all insurable but sit outside what most standard market insurers will write. The same applies to businesses storing flammable liquids or operating with heavy machinery on site. We know which underwriting agencies and specialist markets handle these occupancies properly and we approach them from the start. Accurate and full disclosure of what your tenant actually does on the premises is essential. Cover that is placed on an incorrect occupancy description is cover that may not respond when a claim is made.
Use the quote form on this page or call us directly. It helps to have the property address, building type, current tenancy details, and an estimate of the replacement value on hand. We move quickly and can usually get a quote back to you the same day. Reach out and we will get things moving.
