Office Building Insurance
An office building is really a stack of services: lifts, chillers, sprinklers, risers and a lobby the public walks through. Most office claims start with one of them rather than with the structure itself. We arrange cover built around how office buildings actually fail, for single suites through to whole-floor and multi-tenanted assets.
Quick Quote
60 secondsBuilding, contents and fit-out combined. A ballpark is fine.
The company, trust or individual name on the title or lease.
No obligation. Subject to eligibility and underwriting.
What office buildings need covered
Water Damage from Risers and Sprinklers
The single most common office claim is water, not fire: a burst riser, a failed flexible hose in a tea room, or a sprinkler head knocked during a fit-out, running down through the floors below. It damages tenants' contents as well as your building, so the two sides of the claim need to line up.
Lifts, HVAC and Essential Services
Standard property perils respond to damage, not to a machine that simply stops. Machinery breakdown is the section that picks up a lift motor, a chiller or a switchboard failing on its own, and in an office that is a tenancy problem within hours, not days.
Loss of Rent Across Multiple Tenancies
When one floor is out of action the rest of the building often keeps trading, so the loss is partial. Loss of rent needs an indemnity period long enough to cover strip-out, approvals and re-fit, which in a CBD office is routinely longer than owners assume.
Common-Area Liability
Lobbies, lifts, stairwells and car parks are yours, and everyone who visits a tenant passes through them. Property owners liability responds to a third party injured in those spaces, and to the legal costs of defending the claim, whichever tenant they were visiting.
Vacancy Between Tenants
A floor that sits empty between leases changes the risk, and most policies restrict cover once a space has been unoccupied beyond a set period. Tell us when a tenancy is coming up for renewal so the policy is endorsed before the vacancy, not after a claim.
Cover, limits and examples shown are general in nature and subject to eligibility, underwriting and the terms of the issued policy.
Reviews are for Stonewell Insurance, the business behind Commercial Property Cover. Authorised Representative of McLardy McShane Partners Pty Ltd (AFSL 232987).
Ready to get office buildings covered?
Tell us about the property in about 60 seconds and we come back to you with options.
Commercial Property Cover is a trading name of Stonewell Insurance Pty Ltd (ABN 23 645 965 699), Corporate Authorised Representative No. 1285612 of McLardy McShane Partners Pty Ltd (ABN 14 064 465 309, AFSL 232987).