OfficeProtection against damage to your store or workplace
Highlighted Coverages
- Loss of profit (from €250/day)
- Damage to the building due to theft
- Pipe breakage without water damage (up to €1,000)
- Excess water consumption (up to €1,000)
- Own and third-party merchandise
- Product/post work civil liability
- Refrigerated goods
- Vehicles at rest
- Machinery and electronic breakdown
Detailed Information
- FOR WHOM?
Offices and professional offices, retail/commerce businesses, and an infinity of businesses that have a physical space where they can carry out their activity. The damage that can occur in these spaces can be difficult to assume.
The Office|Commerce insurance is aimed at those owners or tenants who want to minimize the damages suffered after an incident that affects the material elements of their company.
- WHY?
Any Office/Local is at risk of suffering a water leak, theft or a power surge that causes electrical damage, among other things.
In addition, there may be situations in which an incident of this type prevents you from carrying out the activity in a normal way, causing a loss of benefits.
Contracting Office Commerce insurance minimizes the damage suffered, which in certain situations could be serious.
- COVERAGES
Loss of profit (from €250/day)
Covers the business's lost daily income when operations are interrupted by a covered loss, such as a fire or flood. This coverage keeps the company financially stable while it gets back up and running, with a minimum of €250/day.
Damage to the building due to theft
Protects the store's premises against damage caused by theft or attempted theft, covering the cost of repairing doors, windows and other affected structural elements.
Pipe breakage without water damage (up to €1,000)
Covers the cost of repairing burst pipes on the premises, even when no water damage occurs. This coverage helps prevent bigger problems and the extra costs of an untreated leak.
Excess water consumption (up to €1,000)
Covers the extra charges on the water bill caused by uncontrolled leaks or burst pipes, protecting the business against unexpected surcharges.
Own and third-party merchandise
Protects both the business's own merchandise and goods belonging to others in its care, custody or control while they are on the premises, covering any damage they may suffer.
Product/post work civil liability
Covers liability for injury or damage to third parties caused by defective products or completed work, protecting the business against claims and potential legal costs.
Refrigerated goods
Covers the loss of products stored in refrigeration systems due to equipment failure or power outages, protecting the value of the business's perishable goods.
Vehicles at rest
Covers damage to company vehicles parked on the premises, protecting them against theft, fire or any other covered loss while they are not in use.
Machinery and electronic breakdown
Covers the cost of repairing or replacing the electronic equipment and machinery used in the business in the event of a breakdown or technical failure, keeping the company's operations running.
- REAL CASE
A law firm experiences a water leak in the bathroom that causes damage to the wooden floor of one of the associate's offices.
Despite the high cost of its replacement, the material damage insurance would cover the replacement of the floor of the entire Office to maintain aesthetic coherence throughout the surface.
- Frequently Asked Questions
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Multi-risk insurance: commercial premises and General Liability
What a commercial or office multi-risk policy covers, and the key differences in General Liability, burglary, theft and replacement value.
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General questions about InsurCEO
What InsurCEO is, which insurance lines we manage, and how we work as a brokerage specialised in businesses.
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The basics: how insurance works
Premium, deductible, policy wording and exclusions: the concepts worth understanding before taking out a policy.
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Taking out and maintaining a policy
Risk disclosure, endorsements, renewal and what to do when your company's activity or revenue changes.
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When a claim happens
How a claim is reported, what a loss adjuster does, and your options if you disagree with the payout.
Answer a few questions about your business and we'll show you the options. If you'd rather talk it through, we'll call you.
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