Commercial Home Insurance
Protect your Investment
Benefits.
The Commercial Home Insurance policy offers the ideal protection for property owners who rent out their property for domestic purposes. From property damage to liability claims, there are many potential risks that come with owning rental property and that is why we offer the widest cover possible designed to give you the peace of mind you need to manage your investment with confidence.
The company offer cover for:
- Accidental loss and/or or damage to landlord’s buildings.
- Accidental loss and/or or damage to contents belonging to landlords and tenants alike.
- Landlord to tenant and tenant to landlord liability.
- Landlord/tenant liability against third parties.
- Tenant rent default.
- 24/7 Home Assistance and Emergency Services.
Depending on the chosen coverage, the following standard cover will come in force:
- Temporary alternative accommodation or loss of rent following an insured loss.
- Mechanical or electrical breakdown to air-conditioning and energy saving equipment.
- Trace and access cover.
- Fire extinguishing expenses.
- Loss or damage to locks and keys.
- Loss or damage to new fixtures and fittings in the process of being installed.
- Legal expenses in relation to various specific disputes.
- Loss of metered water and oil.
- Damage by emergency services if it is necessary to use force enter or exit a property during an emergency.
- Cover for garden furniture and equipment within the boundaries of the property.
More Cover.
Comprehensive Coverage for Your Peace of Mind
The policy ensures protection against loss or damage to your home’s buildings and contents, with some exceptions, such as fences, gates, paths, drives, hedges, trees, shrubs, flood, plants, lawns, falling trees, or branches.
Here’s what the policy covers:
- Architect and surveyor charges for repairing covered loss or damage.
- Costs associated with removing rubble and stabilizing damaged building parts.
- Expenses for meeting building regulations or local authority byelaws, provided they are pre-approved.
- If your home becomes uninhabitable due to insured loss or damage, we’ll cover your rent, including additional expenses for your family and pets during the restoration period.
- Loss or theft of keys to inside or outside doors, safes, or alarms; we’ll cover the cost of changing locks or replacing them. Also, accidental damage to these locks is included.
- Accidental loss or damage to personal belongings and valuables within Malta.
- Coverage for personal money loss and financial loss stemming from credit and debit card theft or accidental loss. Exclusions: confiscation, depreciation, and errors or omissions in transactions.
- Legal liability coverage as the owner or occupier for injuries, illnesses, or deaths caused to someone other than yourself.
In case of your demise, legal representatives are also covered for liability under this policy.