Claims Commercial Property Owners

Common Claims For Commercial Property Owners

Common Claims For Commercial Property Owners

Too often Digital Insurance Brokers Ni come across Commercial Lease Agreements that require tenants to insure property on behalf of a property owner. It is rarely an intelligent decision to allow a tenant to insure a building on behalf of you, the property owner.
Why? The reality is that in the vast majority of cases, the tenant is interested in one thing – premium savings. It is not the tenant’s asset, so why would they look for quality coverage and a good claims service?

At Digital Insurance Brokers Ni we understand being a property owner is a significant investment for business owners. With specialist knowledge in commercial freehold; including shopping centres, high rise buildings, office blocks and industrial, Digital Insurance Brokers Ni knows that comprehensive coverage and adequate indemnity periods provide clients with a better return on investment.

When planning to protect your property with commercial property insurance, Digital Insurance Brokers Ni adopts a three-pronged approach.

  1. Buildings, Fixtures and Fittings
  2. Loss of Rent & Outgoings
  3. Liability

Buildings, Fixtures and Fittings
Our flexible approach allows businesses to obtain comprehensive full accidental damage insurance coverage and solutions, so owners can protect their buildings and physical assets against the unexpected.

Claims Commercial Property Owners
Claims Commercial Property Owners

Fire, water, explosion, malicious acts and other weather-related events all pose a serious threat of causing substantial damage to buildings, fixtures and fittings. DiBNi’s expertise and experience enables us to create property damage coverage protection that suits the needs of your business, whether site specific or across multiple sites.

Digital Insurance Brokers Ni also supports and encourages property owners to use independent reinstatement value calculations to ensure sums insured are adequate. Without insurance valuations, property owners have no evidence that current reinstatement values (sums insured) are correct which can potentially save millions in the event of an under insured loss.

Loss of Rent & Outgoings
The fundamental principal behind Business Interruption on a Property Owner’s policy is to put the insured as new as money would allow in the same position as they would have experienced had it not been for the loss or disruption.

What so many property owners don’t appreciate until a loss occurs is just how much it costs to maintain outgoings and a mortgage on a property with no tenant that has burnt to the ground.


Liability for property owners protects landlords and property owners in respect of claims made against them for personal injury or property damage suffered by third parties arising out of the ownership of the property.

As a property owner you have a legal responsibility to ensure that your property is well maintained and does not present unnecessary risks of injury or property damage to either tenants, visitors to the premises or members of the public outside the building.

Common Claims for Property Owners

Malicious damage
Smashed windows, knocked down walls and graffiti. Properly securing your property can help protect against these incidents as well as saving you time and money.

Water damage
Water damage claims can easily blow out to millions of dollars through mould and inaction. Peak season for water damage is September to March. Being prepared for bad weather and regularly maintaining your property helps reduce the chances of water damage.

Public Liability
Personal injury claims such as “slip and falls” on cracks in pathways and driveways can add up quickly. Keeping your property well maintained and clean will help make it safer. Having the correct level of cover will potentially save you even more time and money.

Insurance is not something a landlord should leave to a tenant as a matter of course. If it is your asset, then you are best to control the insurance yourself. By using Commercial Insurance Brokers, we will ensure the coverage meets your requirements and that Loss of Rent, including outgoings paid by the tenant, are adequately insured for a period long enough to reinstate the building following a loss.

A Digital Insurance Broker can you get the right property owners cover, backed by the financial strength and security of financially stable UK and Global insurers.