Commercial Property Insurance for Australian Construction and Trades

Commercial Property Insurance — often written as an Industrial Special Risks (ISR) policy in Australia — protects your buildings, stock, plant, fit-out, and business income against fire, storm, impact, theft, and malicious damage. For builders, developers, and trade businesses, property cover is the foundation of a balance-sheet-safe risk programme.

Silverback Insurance Brokers structures property and ISR programmes for construction-sector clients across Australia — yards, offices, warehouses, workshops, display homes, and investment-grade commercial property.

What a Property / ISR Policy Covers

• Section 1 — Material Damage — buildings, contents, stock, plant and machinery, tools, fit-out, and improvements
• Section 2 — Business Interruption — loss of gross profit, increased cost of working, and payroll during rebuild
• Theft and malicious damage — including forced entry, vandalism, and on-site theft of materials
• Glass, signs, and money — often packaged into commercial property wordings
• Transit and goods in the open — for materials and stock moving between yard, site, and client

Who Needs Commercial Property Cover

• Builders and developers — offices, display homes, storage yards, unsold completed stock
• Trade businesses — workshops, service vans at base, tool stores, premises inventory
• Property owners and investors — landlords of commercial and industrial buildings
• Manufacturers and fabricators — plant, raw materials, finished goods, production equipment

Getting the Sums Insured Right

• Building replacement cost — rebuild value with current-day construction costs, not market value
• Stock at declared value — monthly declaration for businesses with fluctuating inventory
• Business interruption indemnity period — 12, 18, or 24 months depending on rebuild and ramp-up time
• Under-insurance clauses — co-insurance / average can halve a claim if sums insured are too low

Why Silverback for Property Insurance?

• ISR-literate brokers — we broker Industrial Special Risks policies, placing cover with the major Australian insurers on your behalf
• Construction-context underwriting — we know yards, sheds, display homes, and unsold stock exposures
• Sum-insured reviews — annual reviews to keep rebuild costs and indemnity periods accurate
• Claims advocacy — after a fire or storm, we push the loss adjuster and insurer to move fast

Request a quote for commercial property insurance — or call us on 0410 152 835 to discuss an ISR programme for your business.