Property Owners
Securing the correct insurance protection for your property assets is vital.
Whether your property is occupied for residential, commercial or industrial purposes or indeed, unoccupied pending development or securing tenants, Hepburns Insurance can arrange suitably robust cover, fully utilising the extensive resources at our disposal.
Whether cover is required for:
- Industrial Units
- Residential Property - flats or houses
- Shops & Offices
- Leisure Premises
- Care Homes
- Warehouses and Showrooms
we can source competitively priced insurance that typically includes the following features:
- ’All Risks’ cover including subsidence
- full theft cover (not just following violent/forcible entry or exit) including the fabric of the building
- no deduction for wear & tear
- removal of debris including boarding up
- architects, surveyors, legal and consulting engineers fees
- ’Day One’ inflation provision on both buildings and loss of rent
- a wide definition of buildings including costs of repairing and clearing drains, yards car parks, etc., street furniture, pipes and cables
- landlords contents up to £25,000
- reinstatement of the sum insured following a loss
- contract works cover on extensions to existing premises up to £500,000
- trace and access costs resulting from escape of water or fuel oil
- repairs to landscape gardens damaged as a result of an insured peril
- cost of alternative accommodation and loss of rent for residential properties up to 25% of the building sum insured
- replacement of locks following theft of keys up to £500
- unauthorised use of utilities
- full cover for vacant (unoccupied) properties subject to security requirements
- subsidence damage to yards, car parks and roads whether the buildings are also damaged or not
- capital additions to allow for improvements to buildings up to £1,000,000 or 10% of the total sum insured whichever is the less
- contracting purchasers’ interest - where a contract of sale has been entered into but the building is damaged prior to completion, the purchaser can claim under the policy
- loss of rent cover includes prevention of access plus automatic 100% uplift to allow for rent reviews and additional costs incurred re-letting the property including legal fees & any other expenditure to minimise loss of rent
- waiver of subrogation rights against any tenant
- non-invalidation clause protecting the owners’ and any mortgagees or lessors interest stating that cover will not be prejudiced if, unknown to the insured, the risk of damage is increased due to acts or neglect by any occupier of the buildings or is outside the control of the insured
- EC and public authorities’ requirements
- additional costs including undamaged portions of the property or in respect of water supply equipment supplying the sprinkler installation
- costs of refilling or recharging fire extinguishing appliances, halon gas and CO2 flooding systems and sprinkler tanks
- costs of replacing sprinkler heads
- costs of resetting fire and intruder alarms
- loss of market value - payment of a cash settlement if the property is not, or cannot, be reinstated in the same form e. g. due to a decision of the public authority
For more information, assistance or a quotation, please either contact us, complete an enquiry form or use the online phone me request.