The building insurance policy for the business mainly provides coverages for: Damages to the building and the permanent fixtures in it that can be caused due to earthquakes, lightning, or leaking tanks and pipes. Deliberate damage is caused by someone with malicious intent externally or by someone who is unlawfully on the property. Loss due […]
Articles Tagged: Building Insurance plan
What is not covered under Building Insurance?
Usually, the building insurance for commercial properties does not provide protection for: The contents of the building like office equipment, computers, documents, furniture, and other assets. Any intentional damages caused by your employees or the tenants to whom the office space is let out. Any damages caused by the pets, vermin, or wear and tear. […]
Who can purchase building insurance?
For people living in or using a building, natural disasters or fires or burglaries are all real concerns. To protect against such risks, owners of commercial or residential buildings buy building insurance. So who can purchase building insurance? Owners of commercial or residential buildings may fully or partially use these structures themselves or rent them […]