Commercial Property Insurance
Comprehensive protection for office buildings, retail spaces, and investment properties with extensive coverage options.
Why Commercial Property Insurance Matters
Fire, flood, or an overnight burglary can cripple an SME's balance sheet if the building, fit-out, or stock isn't fully protected. Commercial property insurance pays to repair or replace physical assets so you can reopen quickly and keep cash flow humming.
$48.5B
Australian commercial insurance market projected by 2033
$566M
Natural disaster claims in 2024 across Australia
5-9%
Average premium increases in 2024-2025
The Australian commercial property insurance market was valued at USD $25.8 billion in 2024, with strong growth driven by increasing property values and climate-related risks. Property insurance pricing rose 8% in Q1 and 5% in Q2 of 2024, reflecting market conditions.
Core Coverage Types
Property Protection
Coverage includes loss or damage to your business premises, business contents, or stock in trade caused by fire, storm, burst pipes, impact, and more.
- Building and structural damage
- Contents and equipment protection
- Stock and inventory coverage
- Theft and malicious damage
Business Interruption
Helps cover loss of profits after your business suffers damage due to an insured event like fire or storm that forces your business to close for rebuilding or repairs.
- Lost revenue protection
- Ongoing expense coverage
- Loss of rent protection
- Temporary relocation costs
Comprehensive Coverage Options
All-in-One Packages
Commercial property offerings provide all-in-one products with broad insurance cover for property assets valued up to $20 million, including retail, office, and commercial mixed tenancies. Designed to protect property assets, rental income, liability, machinery breakdown, as well as properties tenanted as retail space, health facilities, art and cultural venues, and offices.
Retail Spaces
Shops, shopping centers, and retail complexes
Office Buildings
Corporate offices and commercial workspaces
Mixed Tenancies
Multi-use properties and investment buildings
Flexible Coverage Features
Insurance options are tailored to suit your property's specific needs, with cover customized to protect what matters most to your business.
Theft Protection
Coverage for stolen property and assets
Public Liability
Protection against third-party claims
Glass Breakage
Specialized coverage for glass damage
Machinery Malfunction
Equipment breakdown protection
Our Underwriting Partners
We work with Australia's leading commercial property insurance underwriters to secure the best coverage for your business:
QBE Insurance
General property and business interruption coverage for medium to large businesses, wholesalers, manufacturers, property owners and multinational placements
Insurance Australia Group
Market leader providing comprehensive commercial property solutions across all industry sectors
Suncorp Group
Major provider of commercial property insurance with specialized products for SMEs
Allianz Commercial
Property damage and business interruption insurance for mid-corp international companies with customized solutions
Arch Insurance
Flexible general property coverage for Australian and multinational risks with agile, local service
360 Underwriting Solutions
Efficient commercial insurance solutions tailored for unique client needs
Specific Products Available
Material Damage Cover
Protection for buildings, fixtures, fittings, contents and stock against fire, storms, theft, and malicious damage
Covers properties valued up to $20 million
Business Interruption Insurance
Loss of revenue and ongoing expenses during repairs or rebuilding after an insured event
Includes temporary relocation costs and loss of rent
Public Liability Coverage
Protection against third-party injury or property damage claims on your premises
Coverage limits from $5 million to $20 million available
Landlord Insurance
Specialized coverage for investment properties including rental income protection
Covers retail, office, and mixed-use commercial tenancies
2024-2025 Market Insights
Market Growth Trajectory
The general insurance industry revenue grew at a CAGR of 5.7% over the past five years, reaching an estimated $77.4 billion in 2025. Property insurance is projected to reach AUD $17.37 billion by 2028 with a 5.82% annual growth rate.
Natural Disaster Impact
Since 2010, natural disasters have caused more than $34 billion in insurance claims across Australia. Reinsurance costs have increased 25-50%, driving premium adjustments as insurers adapt to climate risks.
Cost Considerations
Smart Ways to Save
Premiums vary based on risk profile. Low-risk sole traders may secure $5 million liability for about $450 a year, while businesses combining property, liability, and interruption cover often start near $1,500.
Multi-Policy Discounts
Multi-policy clients can unlock discounts up to 15%
Higher Excess Savings
Opting for higher excess can trim premiums by 8-10%
Protect Your Commercial Property Today
Don't leave your business vulnerable. Get comprehensive commercial property insurance tailored to your needs.