Unoccupied Properties – Covid19 update

As the country gradually eases out of lockdown, many businesses are now thankfully returning to work. However, this isn’t the case for all and some businesses sadly remain shut for the foreseeable future, waiting on further guidance from HM Government.

If your business remains closed, it is imperative that you comply with your insurers guidance and policy wording on Unoccupied Properties.

Most insurers only provide full perils cover on unoccupied properties for a maximum of 30 days before imposing additional terms and conditions. As these are exceptional times, insurers have had to adapt policy wordings to assist their business clients that have been instructed to close. As a result, insurers are generally agreeing to extend the allowable unoccupancy period as the pandemic continues.

Most insurers only provide full perils cover on unoccupied properties for a maximum of 30 days before imposing additional terms and conditions. As these are exceptional times, insurers have had to adapted their policy wordings to assist their business clients that have been were instructed to close.

As certain businesses are now returning to work the insurers have provided further information regarding the policy cover they will provide based on the circumstances that businesses find themselves in and we have posted the latest information from the following insurers in our news section:

  • Ageas
  • Allianz
  • Arch Insurance
  • Aviva
  • Axa
  • NIG
  • RSA
  • Zurich

If your insurer is not listed in the above, please contact us on 01727 736 970 so that we may update you on your insurers present position.

We have previously published general guidance notes on how to keep your business premises safe and secure and this can be found here: Guidance On Protecting Your Business.