Professional Office Insurance

A single professional office tenancy typically costs $1,000 to $3,500 per year for contents, electronic equipment and liability cover. Building insurance for a small to mid-sized office building ranges from $5,000 to $25,000 per year depending on building value, age and location. Shielded compares quotes across our insurer panel to secure the best available pricing.

Yes. Sudden and accidental water damage from burst pipes, leaking air conditioning units and roof failures is covered under standard office property policies. Gradual deterioration and damage from known maintenance issues are excluded. Regular plumbing and building maintenance helps prevent claims and keeps premiums competitive.

Electronic equipment can be covered under the contents section or as a dedicated electronic equipment section, depending on the policy structure. Dedicated electronic equipment cover is broader, typically including power surge, accidental damage and breakdown in addition to standard fire, theft and water damage cover.

Physical damage to electronic equipment is covered by office property insurance, but cyber attacks, data breaches, ransomware and associated liabilities are not. Any professional firm holding client data, financial records or personal information should seriously consider a standalone cyber insurance policy. Shielded can arrange this alongside your office property program.

Loss of rent cover reimburses you for rental income lost if an insured event makes the building or part of it untenantable. The indemnity period should allow sufficient time to repair or rebuild the premises and for tenants to return. For office buildings, an indemnity period of 12 to 18 months is common.

Yes. Theft of electronic equipment following forcible entry is a standard covered event. Some policies also extend to cover portable equipment such as laptops taken off-premises by employees. Check your policy wording for any portability limitations and ensure each high-value item is included in your sum insured.

Yes. Shielded regularly places insurance for multi-tenancy office buildings, commercial suites and office parks. We structure programs covering the building, common areas, lifts, car parks, loss of rent and landlord's liability through our panel of insurers including CGU, QBE, Zurich, Vero, Hollard, Allianz and AIG.

Commercial property insurance covers a wide range of property types including office buildings, retail shops, warehouses, factories, shopping centres, hotels, motels, restaurants, cafes, medical centres, child care centres, gyms, salons, laundromats, churches, petrol stations, mixed-use developments and more. Whether you own a single tenancy or a multi-storey complex, we tailor cover to match your property.

Premiums vary based on building value, location, construction type, tenant occupation and risk profile. A small retail shop may cost $1,500 to $4,000 per year, a standard office building $3,000 to $10,000, and a large warehouse or industrial property $5,000 to $25,000+. High-risk tenancies (restaurants, manufacturing) attract higher premiums. Request a free quote through Shielded for an accurate indication.

Commercial building insurance covers the physical structure including walls, roof, floors, fixed fixtures, common areas, car parks, fencing and services (electrical, plumbing, HVAC) against fire, storm, flood, impact damage, malicious damage, theft and accidental damage. It typically also covers demolition and removal costs, professional fees (architects, engineers) and compliance with current building codes when rebuilding.

If you own a commercial building and lease it to tenants, you need commercial landlord insurance. This covers the building structure, landlord's contents (common area furnishings, HVAC systems), public liability for common areas, loss of rental income if the building is uninhabitable after an insured event, and plate glass. Your tenants are responsible for insuring their own contents, stock and fit-out.

Loss of rental income (also called business interruption for landlords) provides replacement income if your commercial property becomes uninhabitable after an insured event such as fire, storm or flood. It covers the rental income you would have received during the repair or rebuild period, typically for up to 12 or 24 months. This is essential for property investors who rely on rental returns.

Plate glass cover is usually an optional add-on, not included in the base building policy. It covers the cost of replacing glass shop fronts, windows, doors, display cases and signage glass that is accidentally broken or vandalised. For retail properties with large glass frontages, this is an important cover to include.

Generally, the landlord insures the building structure, common areas and landlord's fixtures. Tenants are responsible for insuring their own contents, stock, fit-out, trade fixtures and their own public liability. Most commercial leases clearly define these responsibilities. As a landlord, ensure your lease requires tenants to hold adequate insurance and provide certificates of currency.

Contact us at Shielded Insurance on 1800 97 98 99 or reach out to your insurer directly. We recommend notifying us as soon as possible after damage occurs, documenting everything with photos, securing the premises to prevent further damage, and keeping records of all emergency repair costs.

We compare quotes from leading Australian commercial property insurers including CGU, QBE, Zurich, Vero, Hollard, Allianz, AIG and others. The best insurer depends on your property type, construction, tenant occupation and risk profile. As brokers, we do the comparison work to find competitive and suitable cover for your property.

Review your policy annually at renewal, or whenever there are significant changes such as new tenants, renovations, extensions, changes in building use, or updated valuations. Building replacement costs increase over time – if your sum insured does not keep pace with construction cost inflation, you risk being underinsured at claim time. We recommend a professional building valuation every 3 to 5 years.