Property insurance is such a boring subject…………..……until you unexpectedly need it!
Then it is a desperate scramble around to find the policy document and see if the damage to the property is covered by the policy or if the cover is enough. How would the business operate in the meantime?
Speak to an insurance specialist and make sure you have the cover you need for your business and your property.
You need property insurance from the moment you exchange contracts to purchase a property, even if completion of the contract and handover of keys is weeks away. So don’t wait until the last moment to speak to an insurance specialist.
Make sure that before you lease a property or leave it unoccupied whilst marketing it for sale, please check that your insurance policy allows this and that any policy conditions are met otherwise you may find your insurance is no longer valid.