Commercial Property
Buildings, contents and fit-out insured at what it costs to rebuild today — for owners and occupiers alike.
Commercial property covers the physical assets of a business or investment — the building, contents, plant and fit-out — insured at the cost to rebuild or replace today, not market value. For landlords it adds loss of rent; for occupiers, business interruption. We make sure the sum insured is right, because under-insurance is where property claims come unstuck.
What it typically covers
- Building (rebuild cost)
- Contents, plant & fit-out
- Loss of rent (landlords)
- Business interruption (occupiers)
- Storm, fire, flood & impact
- Water damage / escape of liquid
- Theft & malicious damage
- Glass
- Removal of debris & professional fees
- Machinery breakdown (add-on)
Who it's for
Property owners and investors, landlords, owner-occupiers, strata bodies, and tenants responsible for their own fit-out.
Claims examples
How the cover responds in real situations.
A storm tears the roof off a leased warehouse.
How the cover responds: The building section funds the rebuild, and loss of rent covers the landlord while the premises are untenantable.
A burst pipe soaks an office fit-out over a weekend.
How the cover responds: Water damage covers the repair and business interruption covers the trading lost while it's put right.
Fire guts a retail tenancy.
How the cover responds: Contents and fit-out are replaced, and debris removal and professional fees are picked up on top of the rebuild.
What to watch
Rebuild cost versus market value; co-insurance / average clauses that penalise under-insurance; the indemnity period for rent or interruption; and flood inclusion where the location needs it.
How Stonewell places it
We value the sum insured to rebuild cost, place it with insurers suited to the building and its occupancy, and manage the assessor and the claim end to end.
Ready to sort your cover?
Tell us how you operate and we'll place it across our panel — or if something has already gone wrong, lodge a claim and we'll take it from there.
Cover, limits and examples shown are general in nature and subject to eligibility, underwriting and the terms of the issued policy.