Unoccupied Commercial Property Insurance
Insurance for unoccupied commercial properties including property owners’ liability insurance.
- Wide acceptance criteria
- Cover for residential and commercial portfolios
- Access to multiple insurers
Unoccupied commercial property insurance covers insurance for vacant properties and properties undergoing renovation. An unoccupied commercial property policy is often more difficult to arrange compared to a standard commercial property insurance policy. According to the latest UK commercial property statistics, vacancy rates for commercial buildings are highest in Manchester (13.6% - Q2 2024).
Many insurers are reluctant to provide cover for vacant properties and, as a result, premiums can often be significantly higher in comparison to a premises that is occupied. While cover may appear to be relatively easy to obtain, in reality when you check the small print you may find that cover is restrictive.
The same applies when a property moves from occupied to unoccupied; while the existing insurer may give a short period of full cover, they could quickly restrict this. Seek professional advice and guidance on how to protect your assets correctly, this is where we can help.
The Alan Boswell Group Difference
Alan Boswell Group understand commercial property owner's businesses and the associated issues you face. As such, we have worked with insurers to create a bespoke product aimed at well-managed vacant property. We will take the time to understand your circumstances and provide expert advice and solutions for you.
For additional tips and further information, please refer to our comprehensive guide, which offers more detailed insights.
How our customers rate us
FAQs
Get in touch
Whether you need a quote, have a general enquiry, want to register a claim, or want to talk it through over the phone, we're here to help.
Related products
Covers the cost of compensating clients for loss or damage resulting from negligent services or advice provided.
Employers' liability insurance provides essential cover, protecting businesses against financial losses and legal liabilities arising from workplace injuries or illnesses suffered by employees during the course of their employment.
Cover for damage to third parties (individuals or property) caused by your business operations e.g. visitor slips over on spill not tidied up.
Commercial buildings insurance for landlords from a market-leading broker. We'll search the market and compare quotes so you can choose the best insurance.
Landlord building insurance is a vital cover for your rental property we can search the market, compare quotes, and arrange your insurance so you get the best cover available.
Related guides and insights
How to: leaving your house unoccupied
There are a number of safety considerations to think about which can impact your insurance if you leave a property unoccupied for a length of time. Our guide provides tips on leaving your property unoccupied and what insurance you will need.
Using your pension to invest in commercial property
Investing in commercial property can be beneficial if you’re a business owner, as you’ll have premises for your company plus regular payments into your pension.
Commercial landlord responsibilities
If you own a commercial property for rent, you’ll know it comes with certain responsibilities. But there's often confusion about who is responsible for what; landlord or tenant?