Here at the Insurance Protector Group (IPG) we provide a range of quality, niche insurance products. In addition to residential landlords insurance, we also offer a property owners insurance facility for commercial landlords who let their properties to high street trades, such as shops, offices, restaurants and takeaways. Our commercial landlords insurance scheme is broad in coverage and offers cover for an extensive list of trades.
Designed to provide buildings, contents and loss of rent protection, our commercial landlords insurance policy also caters for owner occupied properties and long term unoccupied properties awaiting an acceptable tenant.
Key benefits include:
- Buildings insurance
- Landlords Contents/Fixtures & Fittings cover (optional)
- Accidental Damage cover available (optional)
- Shop front glass cover available (optional)
- 20% Loss of Rent protection
- £2,000,000 Property Owners Liability cover
- Cover underwritten by Certain Underwriters at Lloyds
To view our policy summary of cover please click on the following link:
 CL Policy Summary of Cover
This summary does not contain the full terms, conditions, exclusions and warranties applicable to and governing the insurance contract with you. These are set out in the full policy wording, which can be found by clicking the following link.
CL Policy Wording
For those that are in the market for commercial landlords insurance it vital to ensure that your investment is adequately protected. Every business is different as is every property; this is why IPG are able to cater your policy to cover your exact needs. Commercial properties require different types of insurance for domestic lease properties. When looking at insurance its is always the best option to open and honest, if you know your property is going to be used for commercial premises, it will not provide any benefit for you to use domestic landlords insurance. In actual fact it will lead to your insurance policy becoming null and void should you need to make a claim.
Commercial landlords have different responsibilities from residential landlords which is why you need this type of insurance to ensure that you are compliant with the responsibilities place on you. As always, you are obliged, as the building owner, to insure the leased building. This comes as standard in all policies, it is just down to you to ensure that the amount of cover is adequate should you have to rebuild your building due to the occurrence of an unfortunate event. As part of your buildings cover, here at IPG we will also provide you with 20% of the sum insured loss of rent protection, this will ensure that you will still receive some income should the occupation of your property be disrupted due to damage.
Within this type of policy you will also be offered contents insurance that will cover your fixtures and fittings in the property, this will include interior decorations, any contents that belong to you as well as any aerials that are included with the property. Contents, fixtures and fittings insurance is an optional extra for most insurance policies, however, should you have spent money on furnishing your property it is a recommended element.
Accidental damage cover is a popular element for all landlords, it is an optional extra but will provide you with cover should you or your tenants cause damage to the property. If you are considering this element of commercial landlord insurance then it's advisable to check the exclusions that apply, for example, it will not provide cover for existing damage or damage caused by general wear and tear. It is your responsibility to include a term in your lease that if you have to make an accidental damage claim on the policy for damage caused by the tenant that you can recover the excess cost from the tenant.
Plate glass cover is something that you can include in your policy; however, this is generally an obligation where the onus is placed on your occupying tenant to insure the windows within the property as part of their contents insurance. However, if you wish to take out this element, you should advise the representative you speak to that you wish to do so or fill in the appropriate box on the online instant quote service.
Our policies will also cover you for up to £2,000 of property owner's liability insurance; this will cover you for any legal obligation liabilities that you may incur should your tenant or a third party suffer an injury, damage or loss due to your ownership of the property. This is an extremely useful element of commercial landlords insurance as it also covers the legal costs for your defence. This can also be extended to cover occupier's liability, if you wish to have this extension then please let one of our representatives know. As always you should also check the exclusions on your policy to have a clear understanding of the extent of cover on your policy.
Our policy in underwritten by Certain Underwriters of the Lloyds Group. Having a quality underwriter for your insurance allows you to be confident in the cover provided by your policy. You can be sure that should the need arise for you to make a claim, that your claim will be dealt with quickly and efficiently and in accordance with the scope of your policy.
We also provide our customers with insurance should your property become vacant. It's vital to still keep your building insured while there are no tenants occupying. This will cover you for perils such as fire, flood, aircraft, explosion and a number of other unfortunate events. Your investment in your property still needs to be protected even when no one is holding the lease, so if you are awaiting appropriate tenants then our unoccupancy element will protect you and your property.
One of the advantages of using IPG is that we work hard to ensure that you receive great value for money on all our policies. We do this by ensuring that you are covered for what you need to be, we do not oblige to take any additional elements that do not apply to your circumstances but give you our honest and professional opinion on what parts of commercial landlords insurance best suits your circumstances.
No matter whether you own one property or a large portfolio of properties we can ensure that your investments are adequately protected and your legal obligations are fulfilled.
Our claims service is available 24 hours a day, 365 days a year giving you the peace of mind that should a peril occur, we will be contactable to deal with your claim as soon as you are ready to do so.
There are some obligations that you must keep us informed of at all times - such as your occupiers, should your type of tenant change then we need to know as it may affect that coverage on your property. You must also inform us should you contact details change and also if the property becomes vacant.
Arranging an instant quote & cover
It could not be easier to obtain an online commercial landlords insurance quotation for your commercial property, all you need to do is visit our Commercial Protector website at www.commercial-protector.co.uk where you can obtain an instant quote in minutes. IPG are able to offer you instant cover and we can email your policy documentation to you in minutes. We find that this service is highly sought within this sector as mortgage companies and solicitors often need confirmation of insurance to deal with your property. With your permission we can also email your policy details directly to third parties such as solicitors and mortgage providers to ensure the smooth running of your transactions
Alternatively if you prefer to speak to an advisor to discuss your commercial property insurance requirements you can contact our office on 0845 226 8559 (Mon to Fri, 9am to 5pm) where we'll be delighted to assist. All our of professional customer service representatives are fully trained to ensure that they give you the best advice possible in regards to your commercial landlords insurance.
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