Specialist insurance for unoccupied commercial buildings
If you are the owner of an unoccupied commercial building then you will know all too well how much of a money pit an empty property is. One of the large expenses for empty buildings is the cost of insurance.
Insurers regard empty commercial property as high risk and will severely restrict the cover they are prepared to offer during the unoccupancy. Often an insurer will even cancel the cover altogether upon learning that the property is empty so it is essential that you keep the existing insurer informed as soon as the property becomes unoccupied.
Commercial property insurance quotation
Although essential, the notification to an insurer that a property is empty will open a can of worms but it does give you the opportunity of cancelling the existing policy and obtaining a much wider level of cover with a specialist unoccupied property insurance broker.
Bickers Insurance Services Ltd can offer you competitive premiums and wide levels of cover for your unoccupied commercial property during the period of unoccupancy and can even convert the policy back to a commercial landlords insurance policy when you find a tenant. Alternatively you may choose to sell the building, but either way, your building can remain protected by adequate insurance cover during this process.