Industrial Building Insurance
The resource of choice for the country’s most forward-thinking insurance professionals.
The resource of choice for the country’s most forward-thinking insurance professionals.
Industrial Building Insurance
Rely On A Reputable Insurance Broker
What is Industrial Building Insurance?
Industrial Warehouse and Factory insurance covers property and equipment from the risk of disasters. It includes building, landlords fixtures and fittings coverage, loss of rents, machinery breakdown, and your public liability as a landlord.
The industial property insurance cover will pay for repairing the landlords building and contents after an insured event, such as fire or storm damage.
That is why as a property owner, it is essential to understand your risks and have the right insurance in place to protect yourself. Even if your property is part of a strata complex, you should still insure your own contents and equipment, as the strata insurance will only cover the common areas and the building itself.
What can be covered
- Accidental, malicious damage and perils(eg. fire)
- Loss of rent
- Injury to third parties
- Damaged glass or signage
- Landlord legal liability
- Machinery breakdown
- Tax audit
What may not be
- Floor, unless requested
- Tenant default
- Deterioration (wear & tear)
- Neglect, lack of maintenance
- Properties vacant for continuous periods (varies by insurer)
Get Started With Industrial Building Insurance
Contact us now and speak to one of our friendly and professional insurance brokers.
Industrial Building Insurance claim example
James owns commercial properties, and mentions to his broker that he’s just bought a new tenanted industrial unit — but “not to worry it’s covered by the body corporate insurance.”
His broker insists that he should take out at least some cover for fittings, loss of rent and public liability. James accepts.
Shortly after, he’s served with a notice for injury to one of his tenant’s customers who slipped on a spill in the common area.
The injured customer sued, serving on James, his tenant and the body corporate alleging they were all responsible for the injury.
James’ insurer indemnifies him and settles on the claim with the other 2 insurers, each paying out $30,000 to the claimant. By having this policy, James avoided paying out his own legal costs to defend himself, and his only expense was a $500 excess.
Why Choose CIB?
Consolidated Insurance Brokers can help by placing you with the best policy for your needs. We’ll find you the most competitive rate possible, and offer advice to ensure your insurance protects what matters.
Our Expertise
Committed to finding you the best insurance solution, our team of knowledgeable insurance brokers will get you the best price available
Your Partner
Safe time and effort by letting our team of expert insurance brokers do the work for you, we can manage your insurance on your behalf.
Clear Terms
We will put an end to the endless jargon, we can help you understand your quotes and policies in clear terms.
Full Cover
We are able to access insurance policies that are not available when buying direct, allowing us to get you a more comprehensive cover and better benefits.
What our clients have to say
109 James Street, New Farm
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Tracey is just plain excellent. Our business cover was not at all straight forward. There was a surprising amount of emotion involved for insurance too. Tracey just took it all in her stride, helped me focus on what’s important, … More and got the deal done with incredible responsiveness. Thank you Tracey
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This company have really been supportive over the years when I needed the advice most at claims. Jade has been great to deal with on our renewal and offered great advice right throughout the process. This renewal was made … More easy with her diligence on each and every section of the insurance policy with a myriad of changes to this year's policy. Thankyou Jade - Highly recommended.
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I was lucky enough to have Aimee as my broker. She made everything super easy to follow and gave us exceptional service. I would highly recommend Consolidated and in particular Aimee for a trouble-free experience in obtaining … More insurance. Thank you for all your help.
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We have been using these guys services for years now - top notch service. Aimee has been amazing at helping us deal with tricky engineering insurance requirements and unusual requests. I would recommend this company, and … More in particular Aimee, for easy, clear to understand insurance policies. A++++++++++
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I called CIB and spoke to Gina. She was absolutely amazing and guided me through the entire process. She ensured I receive the most cost effective insurance solution tailored to my business needs. Could not be more happy … More with the outcome. I would highly recommend this company and especially Gina. Thank you
How can we help?
With access to a range of reputable insurers, and policies not available to the public, we can offer you a range of competitive commercial property insurance quotes. We’ll help you compare the price with the coverage offered for each, so you can make the best decision for your needs.
Industrial Buildings have many variables, such as zoning and tenants’ industries, so it’s key to have an experienced adviser. Get the right building insurance coverage with nine building insurance quotes to choose through Consolidated Insurance Brokers.
Our experienced brokers can quickly scan the commercial insurance market for your factory or warehouse and ensure you have the best policy available to protect your specific assets and belongings.
Call us now and speak to one of our friendly and professional insurance brokers. We will provide you with no-obligation commercial building insurance quotes and advise you on what offer suits the best for your business.
Frequently Asked Questions
There are many benefits of using a broker over buying directly from the insurer. Insurance brokers:
- Work on your behalf to secure you better protection through their negotiating power
- Help you understand your risks and empower you to make better life / business decisions
- Ensure insurers are held accountable to their promise to protect what you value during claims
- Save you time and money by taking care of comparing and customising policies for your needs
No Obligations, Completely Free
Get a Quote Today
Talk today with our team to find the right kind of insurance that will suit your needs.
