Product
Cover your premises, contents, renovations, and revenue against fire, flood, and other physical risks.
Commercial property insurance covers your business premises, contents, equipment, stock, and renovations against physical loss or damage from events like fire, flood, theft, and accidental damage. It's the foundational protection for any business that owns or leases physical space.
In Singapore's commercial environment, where a single shophouse unit can cost millions and fit-out costs routinely run into six figures, the financial impact of a fire, flood, or major incident is enormous. Property insurance ensures you can rebuild, replace, and recover without depleting your cash reserves.
For most businesses, a comprehensive property policy goes beyond basic fire insurance. It includes coverage for a wide range of perils — burst pipes, storm damage, theft, vandalism, and accidental damage — plus optional extensions like business interruption, which covers your lost revenue while repairs are underway.
Coverage
Key areas of protection included under a typical Commercial Property & Fire Insurance policy.
The physical structure of your premises, including walls, roofing, fixtures, and built-in installations
Office furniture, machinery, computers, and other business equipment within your premises
Your tenant fit-out, interior renovations, and improvements to leased premises
Raw materials, finished goods, and supplies stored on your premises
Lost revenue, ongoing fixed costs, and increased expenses while your premises are restored
Fire, lightning, explosion, aircraft damage, and standard allied perils like flood and storm
Damage caused by accidental bursting of water tanks, pipes, and sprinkler systems
Who Needs This
Business owners with physical premises. Whether you own a factory in Tuas, lease a shopfront in Chinatown, or rent an office in the CBD, your property and contents need protection. Even a modest office can contain $100,000+ in equipment, furniture, and IT infrastructure.
Tenants who've invested in renovations. If you've spent $50,000 or more on a fit-out (which is common in Singapore's commercial leasing market), your landlord's insurance does not cover that investment. A fire or flood can destroy your entire renovation, and without property insurance, that's your loss.
F&B operators and retailers. Restaurants, cafes, and shops face elevated fire risk from kitchen operations and electrical systems. They also hold perishable stock that can be wiped out by a single power failure or refrigeration breakdown. Property insurance — with the right extensions — covers these scenarios.
Warehouses and logistics operations. Businesses holding significant stock need coverage that reflects the full value of inventory on-site at any given time. Seasonal peaks, new shipments, and fluctuating stock levels all need to be factored into your policy.
Related Industries
Why TRS
Accurate valuations. We work with you to calculate proper reinstatement values for your building, contents, renovations, and stock. Getting this right prevents underinsurance and ensures your claims are paid in full.
Comprehensive structuring. We recommend the right combination of fire, property, business interruption, and related covers — structured as a single package or across specialist insurers, depending on what gives you the best protection and price.
Lease and compliance alignment. Many Singapore landlords have specific insurance requirements written into the lease. We ensure your policy meets those requirements and provide Certificates of Insurance as needed.
FAQ
Free, no-obligation quotes from multiple insurers. Most quotes delivered within 24 hours.