Unoccupied Property

MAINSTAY UNDERWRITING have structured an insurance package for property owners, for both commercial property and vacant land. This cover will provide a simplified approach for both the client and the retail broker, provide commercial cover that would normally require a second policy and provide the unique selling point of unoccupied cover, that is currently a ‘difficult’ market in Australia.

Covers available are:

  1. Unoccupied commercial cover for when a property is unoccupied for no minimum or maximum periods. Including, on a case by case basis, perils such as:
    1. FLEA (Minimum Cover required)
    2. Malicious persons
    3. Storm, storm surge, rainwater, hail, snow, wind, flood
    4. Water escape (if services left on and agreed)
    5. Damage caused by theft
    6. RS&CC (riots, strikes, Civil commotion)
    7. Impact
  2. Property Owners Liability:
    1. Public Liability cover of $10m
    2. Public Liability available for Vacant Land

Our tailored package is designed exclusively for your client’s property by people who understand their industry. You can have peace of mind that your client’s assets and liabilities are covered by a specialist policy.

Mainstay Underwriting's long-standing insurance professionals aim to generate business continuity and loyalty between our underwriters, industry brokers and their clients. If you would like to know more about Mainstay Underwriting, please contact us.