Business premises insurance
- Published: 3 August 2026
Business premises insurance
Cover against accidental perils, confidence for every business
Build solid protection so you are ready for anything unexpected
Peace of mind with cover for a range of accidental perils at a good-value price
The right fit with plans and premiums suited specifically to your business
Understanding how your business runs
- A fast first payment on your claim so your business keeps running without interruption
- Losses are paid at the current value of the property with no deduction for depreciation (Replacement Cost Valuation)
- Losses are paid at the full value of the property without applying average, provided the sum insured is at least 80% of the property's value
- Loss of or damage to property added or changed after the insurance was arranged is covered automatically, up to 10% of the sum insured
Estimated rebuild or replacement value
Building (excluding foundations) approx. THB 8,000–12,000 per sq m
Furniture approx. 30–50% of the building's appraised value
Other property 1. Stock, estimated at its cost price, or
2. Trade tools and equipment, estimated at their purchase or replacement price
*The insured may adjust this estimate to the actual details of the property
Coverage table
|
Coverage |
Benefits |
|---|---|
| Standard cover | |
|
1. Fire, lightning, explosion of gas used for domestic purposes |
Indemnity for the actual loss, up to the sum insured |
|
Special additional cover |
|
|
2. Vehicle impact, aircraft, water damage (excluding flood), explosion |
Indemnity for the actual loss, up to the sum insured |
|
3. Windstorm, hail, earthquake or volcanic eruption, including strikes, riots and malicious acts |
Limit of liability up to 30% of the sum insured per peril |
|
4. Flood |
Pays the actual loss, up to 20% of the sum insured, and the insured bears an excess (deductible) of 10% or a minimum of THB 10,000, whichever is greater |
|
5. Damage to electrical appliances |
THB 100,000 |
|
6. Valuable antiques or works of art |
THB 15,000 |
|
7. Repairs to the building (excluding fences and gates) caused by burglary |
THB 30,000 |
|
8. Cash, where no separate money insurance is in place |
THB 10,000 |
|
9. Cost of recreating original documents and copies |
THB 10,000 |
|
10. Cost of shoring up, demolition, dismantling and debris removal |
Up to 10% of the value of the damaged property |
|
11. Architects' and engineers' fees for valuing, designing and supervising the repair or rebuilding of the property |
Up to 10% of the sum insured |
|
12. Firefighting expenses |
Actual expenses incurred, up to the sum insured |
|
13. Cost of protecting a damaged building while it awaits repair or rebuilding |
THB 10,000 |
| Special additional cover | |
|
14. Loss incurred in preventing or containing a peril |
Actual expenses incurred, up to the sum insured |
|
15. Special condition: personal effects |
For employees, up to THB 2,000 per person per year |
|
16. Property carried in vehicles |
Up to 10% of the value of the damaged property |
|
17. Sunshades, blinds, signs, signboards or other fixtures outside the building |
THB 15,000 per year |
|
18. Ornamental trees and plants |
THB 1,000 per tree, up to THB 10,000 per year |
|
19. Structures outside the insured premises |
THB 20,000 per year |
|
20. Water leakage from automatic fire sprinkler systems |
THB 10,000 per year |
|
21. Firefighters' expenses |
5% of the value of the damaged property |
|
22. Retention of the sum insured |
Premium table
|
Business type |
Sum insured |
Premium |
|---|---|---|
|
Office/clinic/flat/dormitory/ Book rental shop/nursery |
500,000 1,000,000 2,000,000 6,000,000 10,000,000 |
861 1,720 3,438 10,314 17,189 |
|
Association/club/car care/ Car repair garage (no bodywork or spray painting)/ Fitness centre/school/ College |
500,000 1,000,000 2,000,000 6,000,000 10,000,000 |
914 1,827 3,653 10,958 18,263 |
|
Pawnshop/hair and beauty salon/ Spa/foot massage |
500,000 1,000,000 2,000,000 6,000,000 10,000,000 |
1,021 2,042 4,084 12,248 20,412 |
|
Internet café/restaurant/ Coffee shop |
500,000 1,000,000 2,000,000 6,000,000 10,000,000 |
1,075 2,149 4,298 12,892 21,486 |
|
Tailor's shop (retail) |
500,000 1,000,000 2,000,000 6,000,000 10,000,000 |
1,236 2,472 4,943 14,826 24,709 |
|
Laundry and dry cleaner/photo studio |
500,000 1,000,000 2,000,000 6,000,000 10,000,000 |
1,290 2,579 5,158 15,471 25,783 |
|
Shop/video rental and copying shop |
500,000 1,000,000 2,000,000 6,000,000 10,000,000 |
1,343 2,686 5,372 16,115 26.857 |
|
Lathe workshop/car repair garage (no spray painting)/ Sign making/ Electrical appliance repair shop |
500,000 1,000,000 2,000,000 6,000,000 10,000,000 |
1,398 2,794 5,587 16,760 27,932 |
|
Bakery |
500,000 1,000,000 2,000,000 6,000,000 10,000,000 |
1,558 3,116 6,232 18,693 31,155 |
Notes
1. The insurer only considers buildings of Class 1 construction as classified in the premium tariff
2. The insurer only considers risks in areas with a town class equivalent to Bangkok, in housing estates in the provinces, or isolated risks
3. The insurer accepts a sum insured of up to THB 30 million
4. This programme excludes businesses located in department stores/shopping centres
5. The insurer pays every claim within the stated limits, and never more than the sum insured
6. Always read the coverage details and conditions carefully before deciding to buy insurance
7. The premiums above include stamp duty and tax
Price: THB 861 | Start date: 1 July 2024 |
End date: 31 December 2027 |