Zakelijk • Vastgoed • building insurance for multi-tenant buildings
Building insurance for collective buildings - building insurance for collective buildings with multiple units
A Multi-tenant business building (verzamelpand) heeft meerdere units, huurders en vaak gedeelde voorzieningen zoals entree, gangen, liften, trappenhuizen, installaties en parkeerterrein. Hierdoor is het risico- en Liabilitysprofiel anders dan bij één bedrijfspand. Met een goede building insurance for a multi-tenant business building insure the building against damage fire, storm, water damage, burglary and vandalism .
Finass Verzekert is a specialist in this commercial building and real estate insurance. We will arrange one tailor-made building insurance for your collective building, with clear agreements units, tenant interest, vacancy, service costs en preventie. Zo voorkomt u discussies bij schade en bent u zeker van passende Coverage voor het hele gebouw.
In short: insure a multi-tenant business building
Immediately building insurance for multi-tenant buildings verzekert u het Building and fixed parts. Denk aan constructie, dak, gevel, ramen, vaste installaties en gemeenschappelijke ruimten.
Important points to note
- Multiple tenants: record who insures what (building vs. tenant interest) .
- Shared Spaces: Coverage for common parts and installations.
- Vacancy of units: reporting obligation and possible clauses per insurer.
- Reconstruction value: avoid underinsurance with appraisal/value meter and indexation.
Finass Insures compares insurers and conditions, and advises how to manage your collective property carefree insures.
What is a multi-tenant business building (collective building)?
Characteristics of a collective building
A multi-tenant business building is a building with multiple business units die worden verhuurd of gebruikt door verschillende ondernemers. Vaak is er sprake van gedeelde voorzieningen en A centrale infrastructuur.
- multiple units (office, storage, workshop, showroom);
- common areas (entrance, corridors, stairwell, elevator);
- joint installations (central heating, electricity, ventilation, fire alarm system);
- shared outdoor areas (parking spaces, loading and unloading zone).
Why this is different from an insurance perspective
Because there are multiple users, a more complex risk picture arises:
- various business activities under one roof;
- risk of damage in one unit with consequences for other units;
- agreements needed tenant interest, improvements and installation;
- centrally organize management of prevention and maintenance.
That is why customization is a must building insurance for multi-tenant buildings essential.
Why building insurance for a multi-tenant business building is essential
Protection of your real estate value
A collective property often represents a high rebuilding value. Brand, storm of waterschade kan leiden tot langdurig herstel en grote financiële impact. Met een goede Building insurance verzekert u de herstel- of herbouwkosten na een gedekte gebeurtenis.
Prevent discussions between owner and tenants
In case of damage in collective buildings, discussions quickly arise about:
- what falls under buildings and what falls under tenant interest;
- who is responsible for prevention or maintenance;
- which parts are common and how damage is distributed.
A clear policy structure prevents delays and hassle.
Requirements of financier and contract partners
Financiers eisen vrijwel altijd dat het building goed verzekerd is. Daarnaast stellen beheerders en contractpartners eisen aan fire safety and risk management. Een passende Building insurance helpt u aan deze eisen te voldoen.
Building insurance coverage for multi-tenant business buildings
Home insurance covers it building and everything there is permanently connected. De exacte Coverage verschilt per verzekeraar en kan worden uitgebreid. Hieronder de hoofdlijnen.
Building and fixed parts
- walls, floors, ceilings and roofs;
- facades, frames, windows, doors;
- stairwells, elevators and common areas;
- extensions and outbuildings, awnings (depending on the policy).
Fixed installations
- electrical installation and distribution cabinets;
- central heating/heating, ventilation, air conditioning (fixed);
- fire alarm system and emergency lighting (if present);
- solar panels and charging facilities (if specified).
Covered events (example)
- fire, explosion and lightning;
- storm and hail damage;
- water damage due to precipitation and leakage (policy dependent);
- burglary damage and vandalism;
- collision/collision (e.g. vehicle against facade).
Reconstruction value, appraisal and underinsurance
- insurance based on rebuilding value (new construction costs in current state);
- indexation to move with construction costs;
- appraisal or value meter for clear determination;
- where possible guarantee against underinsurance .
For collective buildings, the total reconstruction value is often considerable: correct determination is crucial.
What is often not or only partially insured?
- overdue maintenance, wear and tear or construction defects;
- damage due to illegal activities in units;
- damage due to intent or recklessness;
- major flooding due to certain primary flood defenses;
- loss of rent: this is common loss of rent or business interruption solution needed.
Units, tenants and tenant interests in a multi-tenant business building
What is covered by buildings?
Home insurance usually covers it airframe van het gebouw en Fixed installations. Bij units kan het belangrijk zijn om vast te leggen welke “basis-afbouw” onderdeel is van de opstal.
- construction, partition walls (structural), fixed ceilings;
- fixed pipes and (partial) installations;
- communal facilities.
What is tenant interest?
tenant interest are improvements or adjustments that the tenant has made, such as:
- additional finishing, walls, floor finishing and suspended ceilings;
- kitchenette, pantry, sanitary adjustments;
- specific technical facilities in the unit.
This is usually covered by the tenant's insurance (or can be recorded separately).
Multiple activities under one roof
Activities vary in collective buildings (office, storage, light production). This can affect:
- acceptance by insurers;
- fire and prevention requirements;
- premium and deductible;
- clauses per type of activity.
Tip: work with a insurance matrix (buildings / tenant interests / inventory) to create clarity per unit.
Management, service costs and clear agreements in the event of damage
Organize management and prevention centrally
Insurers often expect demonstrable management of collective properties, for example:
- periodic inspection of fire safety and installations;
- maintenance contracts (e.g. fire alarm system, elevator, central heating);
- access control, lighting and security;
- rules for tenants regarding storage, waste, loading/unloading.
Service costs, deductible and passing on
In the event of damage, it is important to arrange contractually:
- who it own risk pays (owner or tenant);
- how repairs to common areas are distributed;
- how claims and liabilities are handled between units;
- how vacancy or renovation of units is reported.
Finass Verzekert can help with practical points of attention for management and policy agreements.
How much does building insurance cost for a multi-tenant business building?
The premium is determined by, among other things: reconstruction value, construction type, roof covering, location, use per unit and the degree of prevention. Below are indicative premium examples (for reference) based on commercial buildings.
Indicative premium examples (business buildings)
| Type of property | rebuilding value | Bouwaard | Indication of premium per month* |
|---|---|---|---|
| Restaurant (commercial premises) | €600,000 | Stone | ± € 124.33 |
| Shop premises (retail) | €260,000 | Stone | ± €21.03 |
*Voorbeeldpremies, exclusief assurantiebelasting en afhankelijk van dekking, own risk en verzekeraar. Voor een Multi-tenant business building is de Premium sterk afhankelijk van de units en activiteiten. Aan deze voorbeelden kunnen geen rechten worden ontleend.
Property features
- reconstruction value (total) and year of construction;
- construction type and roof (fire class);
- area, number of floors and units;
- presence of solar panels/technology.
Use and occupancy
- type of activities per unit (office/storage/workshop);
- vacancy rate and change of tenants;
- risky activities (e.g. storage of hazardous substances);
- mixed use (living/working) if present.
Prevention and policy choices
- fire alarm system, compartmentalization, maintenance;
- burglary protection and access control;
- amount of deductible and desired coverage;
- package discount when combined with other coverage.
Do you want a competitive premium and strong conditions for your collective property?
Question one no-obligation quote tailored to your units and tenant mix.
Request a quote for building insurance for a multi-tenant business building
Additional insurance for multi-tenant buildings
Real estate liability (AOG)
Als owner/beheerder kunt u aansprakelijk zijn voor schade of letsel door gebreken aan het gebouw of terrein. Een AOG dekt dit soort risico’s (polisafhankelijk), bijvoorbeeld bij A valpartij door slechte vloer of losliggende tegel in A gem A schappelijke ruimte.
Loss of rent / rental damage
After major damage, rentals may come to a temporary standstill. With loss of rent cover you can (under conditions) lost rental income verzeker and . Dit is met name relevant bij hogere bezettingsgraad and grotere portefeuilles.
Glass, environment and legal assistance
- Glass insurance for windows, facades and skylights;
- Environmental damage for remediation costs after a leak or incident;
- Legal aid in case of disputes with contractors, tenants or suppliers.
Finass Verzekert can integrate these additions into one clear real estate package.
Frequently asked questions about building insurance for multi-tenant buildings
What is building insurance for a multi-tenant business building?
A building insurance for multi-tenant buildings is een gebouwenverzekering voor een verzamelpand met meerdere units/huurders. De verzekering dekt het gebouw zelf (constructie, dak, gevel, vaste installaties en gemeenschappelijke ruimten) tegen schade door onder andere fire, storm, water damage, burglary and vandalism.
Who takes out the building insurance: owner, manager or tenants?
In most cases the owner (of een namens de eigenaar handelende beheerder) de Building insurance af, omdat het om de verzekering van het gebouw gaat. Huurders verzekeren doorgaans hun inventory, stock and tenant interest via your own policies, unless otherwise contractually agreed.
What is the difference between building and tenant interest?
Building concerns the building and fixed components. tenant interest zijn verbeteringen of aanpassingen die de huurder heeft aangebracht, zoals extra afbouw, vloerafwerking, systeemwanden of een pantry. tenant interest wordt meestal door de huurder verzekerd, of expliciet in afspraken opgenomen.
How does insurance work in the event of damage in one unit that also affects other units?
Bij schade (bijvoorbeeld brand of waterschade) kan het hele gebouw worden getroffen. De opstalverzekering vergoedt de schade aan het gebouw en common parts volgens polisvoorwaarden. Schade aan inventaris of voorraad in units valt onder de verzekeringen van de betreffende huurders. Bij grotere schades kan ook loss of rent are relevant.
What if (part of the) multi-tenant building is vacant?
Vacancy can affect acceptance and coverage. Many insurers require a reporting obligation en kunnen aanvullende eisen stellen (inspectie, beveiliging). Bij structurele leegstand kan A leegstandsclausule nodig zijn. Meld leegstand daarom altijd tijdig.
How do I determine the correct reconstruction value for a multi-tenant business building?
The correct reconstruction value determines how much you will receive in the event of damage. You can work with one valuation of waardemeter en indexatie. Bij verzamelpanden is dit extra belangrijk vanwege de omvang en installaties. Finass Verzekert helpt u om underinsurance te voorkomen.
What preventive measures do insurers expect at collective properties?
Many insurers pay attention to fire prevention and management, such as:
- fire alarm system (BMI) and maintenance;
- compartmentalization and clear escape routes;
- access control and burglary protection;
- periodic inspections and compliance with house rules by tenants.
What information is required for a quotation for building insurance for a multi-tenant business building?
For a quote we ask, among other things:
- address, year of construction, type of construction, roof covering and surface area;
- reconstruction value (appraisal/value meter if available);
- number of units and type of activities per unit;
- occupancy rate and possible vacancy;
- presence of installations (BMI, elevator, solar panels) and maintenance;
- desired coverage and deductible.
Based on this, Finass Verzekert compares different insurers and you will receive a clear proposal.
Insure a multi-tenant business building? Request a no-obligation quote
Do you want your Multi-tenant business building (verzamelpand met units) goed en scherp geprijsd verzekeren? Finass Insures helpt u met een building insurance for a tailor-made multi-tenant building, inclusief aandacht voor huurdersmix, preventie, leegstand en afspraken over tenant interest.
Request a quote for building insurance for a multi-tenant business building
Would you prefer direct personal contact? Call 072 – 509 24 56 or email to info@finass . nl. Wij adviseren u graag over de beste Building insurance voor uw verzamelpand.
