Commercial Buildings Insurance
Discussion
Anyone in the industry care to make any suggestions on this little problem.......
I'm a Trustee of a Charity, we've just closed a care home and are selling it. All residents have now left, we're using it as offices part time whilst we gradually clear it (24 bedrooms/10,000sq.ft/Grade II listed former Manor House).
We had to cancel Care Home buildings policy once it was closed and have looked at vacant property cover. Restrictions on that policy mean we have to clear it immediately, lock it up and drain everything down. Not helpful when we need the time to clear, are using it and trying to sell it. Annual premium price for vacant is £11k.
I wonder if a 'normal' office building policy would do the job or have we stepped outside the restrictions. Re-instatement value c£2m and we've had it alarmed to the teeth.
Any input most welcome!
I'm a Trustee of a Charity, we've just closed a care home and are selling it. All residents have now left, we're using it as offices part time whilst we gradually clear it (24 bedrooms/10,000sq.ft/Grade II listed former Manor House).
We had to cancel Care Home buildings policy once it was closed and have looked at vacant property cover. Restrictions on that policy mean we have to clear it immediately, lock it up and drain everything down. Not helpful when we need the time to clear, are using it and trying to sell it. Annual premium price for vacant is £11k.
I wonder if a 'normal' office building policy would do the job or have we stepped outside the restrictions. Re-instatement value c£2m and we've had it alarmed to the teeth.
Any input most welcome!
Gassing Station | Business | Top of Page | What's New | My Stuff