Loading...
Loading content...
Loading content...
Commercial property insurance covers your business building, contents, stock, and equipment against damage or loss from fire, storm, theft, vandalism, and accidental damage. It is the business equivalent of home and contents insurance, protecting the physical assets your business relies on.
Yes — but you only need to cover your own assets. As a tenant, the building is the landlord's responsibility. You need commercial property cover for your fitout improvements, equipment, stock, furniture, and technology. Your lease agreement may also require you to insure your fitout to a certain value. Glass breakage is typically excluded from standard commercial property policies and available as a separate extension.
Contents covers the fixtures, equipment, and physical assets your business uses (computers, furniture, machinery). Stock covers the inventory you hold for sale. They are sometimes bundled, but it is important to list them separately because they need separate reinstatement values. Stock values fluctuate seasonally — some policies allow for a fluctuating sum insured to avoid over or underinsuring during peak periods.
CoverMy connects you with licensed Australian insurance brokers who compete for your business.
Compare Brokers