Why you need Commercial Building Insurance **


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Whatever type of business you run, it’s vital that you consider obtaining commercial property insurance. It may not be a legal requirement to have it, but failing to consider this type of insurance may put you and your business at risk. Commercial building insurance will protect your company from unforeseen circumstances, whatever premises your company works from or within – the only exception being if you are an individual working from home.

Without this safeguard in place, you won’t be protected should your property be affected by flooding, fire, vandalism or other types of damage. 

An unforeseen incident could have a negative impact on the running of your business, causing a drop in productivity, loss of income – and even the closure of your company. Without commercial buildings insurance, your business could unravel in a matter of hours, should your firm suffer a catastrophic event.

It’s therefore wise to protect yourself from disaster by obtaining the right insurance cover for your business. There’s a variety of bespoke elements that can be included as part of a policy because of the wide range of eventualities and business types. The key is to find the correct fit for you.

The level of risk to your company will need to be assessed and you should know exactly what you’re paying for. Usually, commercial building insurance will cover damage to the structure of your property and its contents, including issues caused by fire, flooding and vandalism. It also often includes employer’s or property owner’s liability insurance, which means you’re covered if any third party is injured on your firm’s premises.

Loss-of-rent insurance can also be included in a policy, as well as rent guarantee cover. Plus, you can insure your building against subsidence and other ‘special risks’.

The team at Rigby Financial have the knowledge and expertise to search the marketplace to find insurance tailored to your needs, at the best possible price. The full-service broker provides friendly, bespoke advice and products for clients across the UK. With the correct commercial building insurance in place, your company is likely to recover more easily from any losses you may experience in the event of something going wrong. So it’s an investment that is well worth making, even if it’s just for your peace of mind.


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** Note: This is a collaborative post, image and text is being featured for a small fee.



  1. June 14, 2018 / 2:29 pm

    I have a home studio, and thank you – will definitely check this out, as concerned that I’m not fully insured!

    • yeahlifestyle
      June 15, 2018 / 9:45 am

      Glad to hear that Ali

  2. June 15, 2018 / 12:36 pm

    Thanks for the info – it’s amazing that it isn’t a legal requirement to have commercial building insurance.

    • yeahlifestyle
      June 15, 2018 / 1:54 pm

      Yes it is Penny, glad you know about it now

  3. June 15, 2018 / 7:24 pm

    We are just about to move to a new house with a cabin in the garden that will be my husband’s office. This is really good to know, thanks so much!

    • yeahlifestyle
      June 15, 2018 / 8:09 pm

      Glad to be of help Emma

  4. June 16, 2018 / 1:24 pm

    Though I have no need for commercial buildings insurance myself, my dad is self employed and has a yard where he does his work. I will check with him to make sure he has insurance! x

    • yeahlifestyle
      June 16, 2018 / 7:25 pm

      So happy to shed some light on this Becca, yes do speak to him about this

  5. June 16, 2018 / 5:16 pm

    It makes perfect sense to get insurance like this, it’s scary how many people take unnecessary risks with their businesses.

    • yeahlifestyle
      June 16, 2018 / 7:20 pm

      Yes exactly, that’s why its important to have some sort of security

  6. Hannah
    June 16, 2018 / 6:58 pm

    Insurance is very important. Its surprising how many people dont bother with it

    • yeahlifestyle
      June 16, 2018 / 7:20 pm

      Yes we totally think the same Hannah, its so important

  7. jennifer durrans
    June 17, 2018 / 11:04 am

    very informative and there’s lots I didn’t consider before!

    • yeahlifestyle
      June 17, 2018 / 2:37 pm

      Glad to hear that Jennifer

  8. June 17, 2018 / 3:48 pm

    It’s super important to make sure that you have the correct insurance for your building just incase.

    • yeahlifestyle
      June 17, 2018 / 7:19 pm

      Yes totally Lynne

  9. June 17, 2018 / 7:56 pm

    It definitely makes sense to have it if required, I don’t understand why people take risks by not taking out insurance

    • yeahlifestyle
      June 18, 2018 / 6:39 am

      Totally agree Mellissa, its so important to have one

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