Personal Insurance
Business Insurance
Insurance Details
Insurance protection designed for owners of commercial property, whether owner-occupied or leased to tenants.
Commercial Property Owner Insurance helps safeguard buildings, rental income, and legal liabilities arising from property ownership—providing financial security and continuity when insured events occur.
Cover Sections / Benefits Covered
Q&A – Common Questions
Buildings should be insured for full replacement cost, not market value. Underinsurance can significantly reduce claim payouts.
FRS assists clients with appropriate valuation guidance and regular sum insured reviews.
This depends on the lease agreement.
Generally, landlords insure the building and ownership liabilities, while tenants insure their contents, fit-out, and business activities.
FRS regularly reviews leases to ensure insurance responsibilities are correctly aligned.
Yes, but vacancy can significantly affect coverage. Unoccupied properties often require special terms, higher excesses, or additional risk controls.
FRS assists property owners in arranging suitable cover and managing vacancy disclosures to avoid claim issues.