Commercial property insurance

Every situation involving property insurance issues has unique considerations, such as the position and condition of the building, its use and the type of tenant in occupation.

In most cases the lease will specify what type of insurance cover should be obtained and who should obtain it. The landlord still needs to arrange its own property owner's liability cover.

The importance of keeping sums insured adequate at all times cannot be overstated. Huge variations to actual values can occur, both upwards and downwards, of sums insured if these are not regularly reviewed. This section gives general advice in each area of property insurance.

This section is maintained by Alexandra Anderson of Reynolds Porter Chamberlain LLP.