Specialist insurance designed to protect commercial buildings, landlord liabilities and rental income for property owners across Australia.
Commercial Property Owners Insurance is designed to protect buildings and associated assets owned for investment or income-producing purposes. It provides cover for physical damage to property, landlord liability exposures and loss of rental income following insured events.
Whether you own a single commercial property or a portfolio of assets, this insurance helps safeguard your investment against unforeseen events that could result in significant financial loss or disruption for tenants. Unlike tenant-held policies, this cover is focused on protecting the landlord’s asset, income and legal responsibilities.
Commercial Property Owners Insurance is commonly arranged by:
Covers the physical structure of the building — including walls, roofs, fixed services, plant and permanent fixtures — against insured events such as fire, storm, impact and malicious damage.
Covers landlord-owned items such as lifts, air-conditioning systems, signage, flooring and shared amenities.
Covers claims for injury or property damage arising from ownership of the premises, including common areas and maintenance obligations.
Covers loss of rent if the property becomes untenantable following insured damage.
Commercial Property Owners Insurance is arranged annually, covering one or multiple properties under a single program. Limits, excesses, and endorsements are structured around property type, occupancy, and location exposures.
Sums insured are set at full replacement value, with rental income covered for a selected indemnity period (commonly 18–24 months). Liability limits are determined by tenant profile and public access, with terms tailored to construction type, claims history, and risk controls.
Commercial property represents a significant capital investment
Rebuilding and reinstatement costs can be substantial
Liability claims may arise from slips, trips or building defects
Loss of rent can impact cash flow and loan obligations
Often required by lenders, financiers and leasing agreements
Speak with a broker experienced in commercial property risk.
Get My Commercial Property QuoteImportant: Commercial Property Owners Insurance does not automatically cover tenant-owned fit-outs, contents or business interruption. Underinsurance is common, and regular building valuations are essential. Coverage, limits and exclusions vary significantly between insurers. Advice from a Seguro insurance broker is recommended.