Typical situations
A lender requires buildings insurance as a condition of a commercial mortgage.
You are letting a commercial property and need the right landlord cover.
You run a business that needs property, liability or asset cover.
You want your insurance reviewed alongside your commercial borrowing.
How Verion helps
We identify the cover the property, the lender and the business need, where our permissions and insurer access allow.
We coordinate insurance with the commercial finance so the security is properly protected.
We explain the cover and any exclusions plainly before you commit.
We flag where a specialist insurer or broker is the better route.
The process
Assess
We review the property, the business and the lender's requirements.
Source
Where offered, we identify suitable cover and insurers.
Explain
We set out the cover, exclusions and cost clearly.
Arrange and review
We put the cover in place and review it as circumstances change.
Key considerations
Commercial insurance is offered only where our permissions, our proposition and insurer access are confirmed. Availability is confirmed case by case.
Under-insurance can breach the terms of finance secured on a property. Sums insured should be checked.
Cover and exclusions vary widely between insurers. Read what is and is not covered.
Where a specialist is better placed to help, we will say so.