Business Premises
Protects the building, machinery, fixtures and stock of an office, shop, workshop or factory against fire, theft, flooding and similar risks.
What is Business Premises and how does it work?
Business premises insurance protects the building, machinery, fixtures and stock of an office, shop, workshop, warehouse or factory against fire, lightning, explosion, theft, flooding and natural disasters. Policies are usually packages that combine several covers in one.
For a sound policy, the sums insured must reflect real replacement value; too low a sum can lead to an underpayment when a loss happens. Loss of profit, third-party liability and glass breakage can be added depending on the business.
Who is it for?
It suits tradespeople, SMEs and companies that operate from owned or rented premises, and matters most where there is machinery, stock or expensive equipment.
Building a business policy around your needs
Business insurance usually includes fire, theft, water damage and natural-disaster cover for the premises and contents. Keeping stock, machinery and fixtures valued up to date prevents an under-payment at claim time.
Depending on the trade, loss of profit, glass breakage, third-party liability and electronic equipment cover can be added. We assess together which risk could really stop your business and leave out cover you do not need.
How does the process work with Santerna?
First we listen to your needs and budget. Then we collect suitable quotes from the insurers we work with and put the cover and conditions side by side in a simple table. You make the choice; after the policy is issued we track the renewal date and stand by you when a claim happens. You can reach us by phone, WhatsApp or by visiting our office.
What does it usually cover?
- Building, machinery and fixtures
- Stock and goods
- Loss of profit and third-party liability, depending on the policy
What to look at when choosing
- That the sum insured reflects real value
- Adding loss-of-profit cover
- Cover that fits your type of business
Frequently asked questions
Can I insure business premises as a tenant?
Yes. As a tenant you can insure your own fixtures, machinery and stock, as well as your liability under the lease.
What does loss-of-profit cover do?
When a loss stops your operations, it aims to cover the profit lost during that time and the fixed costs that continue.
What if my stock value keeps changing?
When stock peaks seasonally you need to update the sum insured or use cover structured specifically for stock. We set this up with you based on your business.
Let us find the right one for you together.
Cover varies by insurer and policy; this page is general information.