Commercial office insurance considerations

28 Oct 2009

Why?

Well, it depends upon how much you would enjoy paying what may be huge sums of money out of your own pocket following loss or damage to your office buildings and / or equipment; or due to an accident or related incident. If you would be happy to do so then you may not need commercial office insurance. If though the thought fills you with concern you may wish to read on.

You may already be aware of the importance of protecting your office contents (and buildings if you own them) with suitable business insurance. But what about protecting against the invisible risks, such as claims against you by a third party - including employees - for loss, damage or injury to them or their possessions? Why may you need this?

Public liability insurance

First of all, let's look at public liability insurance and what it can typically cover. The problem arises because you could be held legally liable for any damages arising from someone that is injured on your premises or indirectly by your premises (or by your staff). This could also apply to their property or belongings.

Problems such as these can arise more easily than many people believe.

• The office door that blows shut in a high wind and manages to break someone's nose while doing so could result in you receiving a hefty medical and "loss of earnings" bill;
• The visiting client that gets their new and very expensive coat covered in wet paint on your woodwork that you thought was dry, may expect you to pay for a replacement;
• The delivery person that tripped over your cable extension and broke their leg may not think it a subject to be laughed off and just attributed to one of life's experiences.
  

The good news is that all our business insurance policies have public liability insurance as standard for up to £2 million. You can increase this amount of protection too, if required.

Employers' liability insurance

In addition to this, you may have all the issues and risks associated with employers' liability insurance if you have employees working in your office. Although there are some exceptions, as a general rule this type of insurance will be a legal necessity for most employers.

This is where we come in, with our commercial office insurance.

We are specialist intermediary providers of business insurance to small and medium sized companies and therefore know your issues and needs. And, as a small to medium sized business, you can be sure you're dealing with people that will 'speak your language'.

We have the experience you will need to provide you with the information that will help you select a suitable product at a competitive price. You want good commercial office insurance to protect the interests of your business and we know we can help - just contact us for more details. We're looking forward to meeting you.

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