BKI fire insurance for shops and business premises, from THB 699 per year
- Updated: 15 October 2026
BKI fire insurance for shops and business premises, from THB 699 per year
Premium data as of 15 October 2026 · compiled by Prakanthai.com
Underwritten by Bangkok Insurance Public Company Limited
Premiums from THB 699 per year at a sum insured of THB 500,000, for offices and clinics, including stamp duty and tax
Key feature: fire insurance for shops and business premises in 9 business groups, with claims paid at new replacement value and no average clause if the sum insured is at least 80% of the property's value
You have run a coffee shop for two years and invested in the fit-out, the coffee machine, chiller cabinets and furniture. If an electrical short circuit burns the whole shop down, everything you put in is gone in a single night, and the shop has to close for several months.
What does Bangkok Insurance's insurance for business premises cover, what kinds of shop can be insured, and how much is the premium for each type of business?
Bangkok Insurance fire insurance for shops and business premises: who is it for, and how much is the premium?
In short: Bangkok Insurance's fire insurance for shops and business premises suits owners of shops, restaurants, cafés, offices, clinics, dormitories, beauty salons and small businesses located outside department stores. It covers the building, furniture, stock and equipment against fire, lightning, explosion, water damage, windstorm and earthquake, with claims paid at new replacement value. Premiums start from THB 699 per year at a sum insured of THB 500,000 (information as at 15 October 2026). The actual premium depends on the type of business and the sum insured.
What does business premises insurance cover?
| Coverage | Limit |
|---|---|
| Fire, lightning, explosion of cooking gas | Actual loss, up to the sum insured |
| Vehicle impact, aircraft, water damage (excluding flood), explosion | Actual loss, up to the sum insured |
| Windstorm, hail, earthquake, riot, strike, malicious acts | Up to 30% of the sum insured per peril |
| Damage to electrical appliances | THB 100,000 |
| Repairs to the building caused by burglary (excluding fences) | THB 30,000 |
| Cash / antiques or works of art | THB 10,000 / 15,000 |
| Employees' personal belongings | Up to THB 2,000 per person per year |
| Property carried in vehicles | Up to 10% of the value of the damaged property |
| Signs and installations outside the building | THB 15,000 per year |
| Demolition and debris removal costs / architects' and engineers' fees | Up to 10% each, subject to the conditions |
Claims are paid at new replacement value with no deduction for depreciation. There is a fast first payment on claims so the business can keep running, and property added later is covered automatically up to 10% of the sum insured.
How much is the premium for business premises insurance?
Annual premiums, including stamp duty and tax. Data as at 15 October 2026
| Type of business | Sum insured 500,000 / 1,000,000 | Sum insured 2,000,000 / 10,000,000 |
|---|---|---|
| Office, clinic, flat, dormitory, nursery | 699 / 1,398 | 2,794 / 13,966 |
| Association, club, car care, fitness centre, school | 753 / 1,505 | 3,009 / 15,040 |
| Pawnshop, barber's shop, beauty salon, spa, foot massage | 861 / 1,720 | 3,438 / 17,189 |
| Internet café, restaurant, coffee shop | 914 / 1,827 | 3,653 / 18,263 |
| Laundry and dry cleaner, photo studio | 1,129 / 2,257 | 4,513 / 22,560 |
| Shop, rental shop | 1,183 / 2,364 | 4,728 / 23,635 |
| Lathe workshop, car repair garage (no spray painting), sign making, electrical repair | 1,236 / 2,472 | 4,943 / 24,709 |
| Bakery | 1,398 / 2,794 | 5,587 / 27,932 |
The full table also has a sum insured of THB 6,000,000, and tailor's shops. The insurer accepts a sum insured of up to THB 30 million. The actual premium depends on the type of business, the sum insured, the location and the insurer's underwriting decision. The quote is what counts.
Worked example: a coffee shop with property worth THB 1,400,000, what sum insured should you choose?
- Total property value (fit-out, furniture, coffee machine, chiller cabinets): THB 1,400,000
- 80% of the value = 1,400,000 × 80% = THB 1,120,000, the minimum sum insured at which the insurer does not apply the average clause
- A sum insured of THB 1,000,000 (THB 1,827 per year) is below THB 1,120,000, so it does not qualify for the exemption from the average clause
- A sum insured of THB 2,000,000 costs THB 3,653 per year. For sums insured in between, you can ask for a specific quote.
This example is for illustration only. The average clause means a claim is paid in proportion to the sum insured relative to the actual value. The actual calculation follows the policy conditions.
Who is business premises insurance for?
- Owners of restaurants, cafés, beauty salons or shops that have their own storefront
- Owners of dormitories, flats, offices or small clinics
- Business owners with a lot of electrical appliances and equipment
- People who want claims paid at new replacement value, and a fast advance payment so they can reopen the shop
Who should not buy this plan yet?
- Shops located in a department store or shopping centre: this programme does not accept them
- Shops in areas that flood often: the coverage table does not include flood
- Buildings that are not class 1 construction, or that are outside the areas the insurer accepts
- Garages that do spray painting, or businesses not in the table
- Businesses that want a plan combining liability and multiple perils in a single policy: see SME Total insurance
Limits to check before you decide
- Flood is not covered. The water damage cover does not include flood
- Windstorm, earthquake, riot: up to 30% of the sum insured per peril
- Setting the sum insured below 80% of the property's value may lead to the average clause being applied when a claim is paid
- Accepted only in urban areas with a town class equivalent to Bangkok, in housing estates in the provinces, or isolated risks
- Several sub-limits, for example cash THB 10,000 and repairs to the building after burglary THB 30,000
If you also want cover for your liability to customers who use your services, see public liability insurance
Want to know the actual premium for your shop? What do you need to send?
Send just 3 things
- Type of business and location of the shop
- Approximate floor area of the building
- Approximate value of furniture, equipment and stock
Our team will help you assess a sum insured of no less than 80% of the property's value, then send you a written quote within a business day. If a plan is good value, we will tell you straight. If the conditions differ, we will explain the differences before you pay.
LINE Official: @prakanthai · Tel. +66 2 459 2223
Related documents and links: Apply through Prakanthai.com on LINE
Frequently asked questions
My shop is in a department store. Can it be insured?
No. This programme excludes businesses located in department stores or shopping centres.
My shop is in another province. Can it be insured?
The insurer accepts only areas with a town class equivalent to Bangkok, housing estates in the provinces, or isolated risks. Send the shop's location to our team to check with the insurer first.
What is the average clause?
If the sum insured is far below the property's actual value, the insurer may pay in proportion. This plan does not apply that rule if the sum insured is at least 80% of the property's value.
Can I claim if a short circuit damages the coffee machine?
Damage to electrical appliances is covered up to THB 100,000. Whether a claim is paid follows the policy conditions.
Who approves claims: Prakanthai.com or Bangkok Insurance?
Underwriting and claim payments are decided by Bangkok Insurance. As the broker, Prakanthai.com helps coordinate and follows up for you.
Notes
The coverage and premium information on this page is based on the product information for fire insurance for business premises from Bangkok Insurance Public Company Limited as at 15 October 2026. It is general information and not part of the insurance contract. Premiums and conditions may change as announced by the insurer. Underwriting and claim payments are decided by the insurer. Prakanthai.com is a non-life insurance broker, not an insurer, licence no. 5104000004, providing services since 2004. Please read the policy and the quote in full before deciding.