Business insurance is designed to protect your business against any unforeseen event. We help you to contract the best business insurance in the Canary Islands, adjusted to your needs and the activity of your business.
What does business insurance cover?
Business insurance is a type of multi-risk insurance that includes a broad range of coverages : fire, explosion, theft and robbery, electrical damage, water leaks, broken windows, weather-related damage, as well as financial losses that may result from the temporary closure of your business. However, depending on the business sector, specific coverages may be required , such as machinery breakdown, electronic equipment failure, coverage for refrigerated goods, etc. At Canarisk, we advise you on the optional coverages that are advisable to purchase based on the type of business.
Are damages caused to third parties covered?
Business insurance includes liability coverage, which covers material or personal damages caused to third parties as a result of our business activity, or those derived from the ownership or rental of the property where the activity is carried out.
Can I insure my business as a tenant of the premises?
Business insurance can also be contracted when you carry out your activity in a leased premises. In this case, it is not necessary to insure the value of the building, but the value of the reform works or improvements that you have carried out in the premises, as well as the content of your property and stock that you store in the store.
What is the mainland capital in Commerce insurance?
The building itself, including its fixed elements, is defined as those that cannot be removed without damaging the structure or being damaged themselves. The coverage amount for the building is the reconstruction value of the property. If you have any questions about building insurance coverage for businesses in the Canary Islands , contact our advisors!
What is the content capital in the Commercial insurance?
The contents are the capital corresponding to the value of furniture, industrial equipment, machinery, electronic equipment, as well as the goods specific to the activity.
Can commercial premises rented to third parties be insured?
If you own a commercial property and rent it out to others to carry out their business activities, you can indeed take out insurance to cover any damage to the property itself. Furthermore, if you rent out a commercial property in the Canary Islands, Canarisk offers you the best protection for landlords with our rent default insurance.
Is Civil Liability covered in Commercial insurance?
The business insurance policies we offer through our insurance brokerage in the Canary Islands can optionally include liability coverage to protect against property damage or personal injury caused to third parties. It is also possible to purchase general liability insurance separately from your business insurance.
How much does Business insurance cost in the Canary Islands?
At Canarisk, you'll find the best prices on business insurance in Tenerife and Las Palmas , without compromising on top-notch coverage. The price of business insurance in the Canary Islands depends on factors such as the type of business activity, coverage limits, and the specific coverages you choose. If you'd like to receive a quick and easy quote for business insurance in the Canary Islands, contact our team today!
