Office building insurance provides crucial protections for offices. Policies may protect a building against fire, weather damage, vandalism, and other covered perils. Working with an office building insurance wholesaler can help agencies market to investors who own and lease office spaces.
Office building insurance provides specialized protections for office spaces. Working with an office building insurance wholesaler who has many options, lets agencies meet clients’ varied needs.
Anyone who owns an office building probably needs office building insurance. Businesses that own their own space often purchase policies, as do investors who lease out office space.
In many cases, meeting the insurance needs of an office building owner can lead to selling other policies as well. A business that owns its building likely has other coverage needs related to its operations. Any office building owner might recommend an insurance agency to the tenants leasing space in the building.
The coverage options that these insurance policies offer can vary, and so too can the perils that building owners need protection against. Working with a specialized wholesaler helps ensure that an agency is able to match the right policy with a building owner’s needs.
In general, agencies will find that office building policies give protections such as the following:
A wholesaler that has broad market access may have access to additional, less common protections that building owners might want.
Office building policies are available for most types of office buildings. Policies may cover large or small buildings. They may insure standard office buildings, mixed-use buildings, business parks, medical office buildings, government buildings, and more.
By working with a wholesaler who has many options, agencies should be able to recommend policies for the various different types of office buildings that clients have.
Office building owners might be interested in any number of other commercial insurance coverages.
Building owners may need flood insurance or earthquake insurance, depending on where an office building is located. They could also want employment practices liability insurance, cyber liability insurance, and workers compensation insurance for building-specific operations.
In addition to these, owners or tenants could need any number of industry-specific policies. Businesses with offices in the building might want anything from IT consultant insurance to medical malpractice insurance, depending on what they do.
A specialist wholesaler will have expertise and market access that allows agencies to set themselves apart. By selecting from many of the best policies, agencies can find specific policies that meet their client’s individual needs coverage needs. To speak with an office building insurance wholesaler, reach out to Telamon. We’ll make sure you find policies that’ll give your clients robust coverages for their office buildings, and at competitive rates.
