The cost of commercial property insurance varies depending on a variety of factors such as:

  • Rebuild cost
  • Postcode
  • Previous claims
  • Trade carried out in the property
  • If it is located in a subsidence or flood area
  • If the building in an area where levels of theft and malicious damage are high
  • Is the property close to a river – this affects the price as the underwriters will take into consideration that the river might burst its banks and damage your property

Commercial Property Insurance could cost as little as £142 per annum, but this is a starting point and will be affected by the various factors highlighted.