Basildon Council leases commercial properties to a variety of organisations, this includes commercial properties such as shops, offices, community halls and centres and leisure facilities.
All commercial properties leased from Basildon Council must have valid buildings insurance cover to ensure that repairs to, or rebuild of the property is guaranteed if an insured peril such as flood or fire occurs.
The majority of Basildon Council's commercial leasehold agreements state that buildings insurance cover must be provided by Basildon Council and paid for by the leaseholder. There are a very few leases that state otherwise and leases can be checked by contacting the Insurance Team.
Leaseholders will be sent an annual invoice between September and December, which can either be paid in whole or by instalment if agreed with the Council.
The policy is renewed annually on the 1st August and lessees do not have to do anything. The premium charged is provided by the insurers and includes Insurance Premium Tax.
The amount that a commercial property is insured for is based on rebuild costs rather than market value and can be reviewed if a leaseholder feels it does not currently reflect a realistic figure.
Policy documents - See the following downloadable document for a summary of cover for commercial properties leased by Basildon Council.
If you require any other specific documentation please contact the Insurance Team.
The commercial buildings insurance policy provides cover for damage to your building (including fixtures and fittings such as kitchens and bathrooms) when damaged by an insured peril, which is the cause of loss such as fire, flood or escape of water.
The policy covers the usual standard insured perils of:
In addition, the policy provides cover for the following; Professional fees, Removal of debris, drains and gutters, trace and access and loss of rent in the event of a claim being made as a result of an insured peril.
The building insurance policy does NOT cover the loss of, or damage to, the contents of a commercial property.
The commercial building insurance policy only provides cover for the building and its fixtures and fittings. It is the responsibility of leaseholders to arrange their own contents insurance cover.
You can make a claim on your buildings insurance policy by contacting the insurers, Zurich Municipal direct on the following number:
Phone: 0800 0280 336
Policy holder: Basildon Borough Council
Policy Number: F-19H061-0291
A £250 policy excess will be payable on claims for the following insured perils:
A £1000 policy excess will be payable on claims for:
All other insured perils carry a nil excess.