বাণিজ্যিক সম্পত্তির মালিকদের বীমা

Buildings insurance—what’s covered?

Buildings insurance covers the cost of repairing damage to the structure of your property. Garages, sheds and fences can also be covered, as well as the cost of replacing items such as pipes, cables and drains.

This policy usually covers loss or damage caused by fire, explosions, storms, floods and earthquakes.

Landlord contents insurance

Although tenants are responsible for insuring their personal belongings, if you’re renting out a property that you furnish, you may want contents insurance.

It is also possible to add accidental damage cover to your contents, which would cover spills, breakages or damages caused by your tenants.

If you are a landlord, make sure your property investments are protected with the right insurance policies.

Loss of rent insurance

Loss of rent insurance covers the money you would lose, as a landlord, if your property becomes uninhabitable due to an insured event, such as a fire or flood.

If your tenants are forced to move out, loss of rent insurance enables you to claim back the lost income.

This does not cover you if your tenants fail to pay the rent.

Property owner’s liability insurance

Property owner’s liability insurance covers you in the event that a claim of negligence is made against you as a result of injury or damage to personal items at your home or rental property. This cover protects you from claims made by third parties, such as tenants, visitors or tradespeople.

Having liability insurance means you won’t have to foot the bill should a settlement, compensation award or legal fee need to be paid.