My Account
We compare quotes from leading insurers
Simple Steps That Lower Your Insurance Costs
Insurers price commercial property insurance based on the level of risk. By improving security, maintaining the building, reducing the chance of claims and managing periods of unoccupancy, you can significantly reduce premiums.
Improve Security to Reduce Premiums
Security upgrades demonstrate lower risk to insurers and often qualify for discounts.
- Install monitored alarm systems
- Fit CCTV with recording capabilities
- Upgrade locks to BS3621 or equivalent
- Use shutters or grills for external security
- Install perimeter lighting
- Secure high-value areas or equipment
- Use access control systems for staff
Regular Maintenance Reduces Claims
Poor maintenance leads to costly water leaks, electrical faults, roof damage and insurer refusals.
- Maintain plumbing & heating systems
- Inspect roof, gutters & drainage
- Service electrical systems regularly
- Remove debris, blocked drains & fire hazards
- Repair external damage promptly
- Keep fire doors, exits & extinguishers compliant
- Document all maintenance activity
Location & External Risk Factors
Your property's location plays a huge role in your premium - but there are ways to improve risk scores.
- Check local crime statistics before buying or leasing
- Improve lighting in high-risk areas
- Work with neighbouring businesses on joint security
- Ensure clear access for emergency services
- Address issues insurers highlight in surveys
- Avoid storing combustible items externally
- Use accredited contractors for improvements
Manage Unoccupied Property Risks
Unoccupied commercial properties are high-risk for insurers - but good management can stabilise premiums.
- Drain down water systems when required
- Conduct regular site inspections
- Secure all entry points & remove valuables
- Install timed internal/external lighting
- Ensure alarms & CCTV remain active
- Maintain garden/external areas to show occupancy
- Notify insurers immediately of any vacancies
FREQUENTLY ASKED QUESTIONS
+-
What affects commercial property insurance premiums the most?
The biggest factors include building condition, security measures, location crime levels, claims history, occupancy status and the type of business operating inside the premises.
+-
Does improving security reduce premiums?
Yes - insurers often give discounts when alarm systems, CCTV, shutters, upgraded locks and lighting are installed.
+-
Do insurers increase premiums for unoccupied buildings?
Yes - unoccupied buildings are high-risk for theft, vandalism, water damage and fire.
However, proper occupancy management and inspections can minimise cost increases.
+-
Does the condition of the property affect pricing?
Absolutely - insurers penalise poorly maintained buildings because they present a far higher risk of claims, especially for leaks and electrical faults.