Property Owners Select

Property Owners Select is a specialist policy wording aimed at property owners with larger premises or portfolios. We offer a wide range of covers for commercial property owners of both business and residential properties.

Features of Property Owners Select

  • Inadvertent omission to insure – up to £5m for premises occupied as offices, retail or residential purposes
  • Theft damage to occupied buildings – protection against the rise in theft of fabric to buildings
  • Fly tipping limit £10,000 any one claim £25,000 in total – extended cover to include costs necessarily and reasonably incurred in clearing and removing any property illegally deposited in, on, or around the premises
  • Privity of Contract limit up to £2m – includes legal liability to insure repair or reinstate damage to the buildings or premises which arises though the Landlord and Tenant (Covenant) Act 1995
  • Value Added Tax (VAT) – cover for VAT which has not been included in the sum insured and which they cannot recover
  • Property damage extension limits increased to £50,000 – for metered supplies, unauthorised use of supplies and trace and access
  • Property owners liability cover extended – for libel & slander, limit £250,000 and financial loss, limit £50,000
  • Loss of rent cover – to include failure of supply limit £1m and denial of access (non damage) limit £50,000
  • Additional cover options for:
    • specified events for property damage/loss of rent
    • declaration linked cover for loss of rent.

Risk Appetite

Preferred Trades

  • Offices
  • Small retail premises
  • Cinemas and theatres
  • Hotels and guest houses
  • Restaurants and cafés.


  • Experienced local underwriters
  • Efficient and experienced claims service and access to our claims helpline available 24 hours a day, 7 days a week
  • For clients with Allianz Legal Expenses cover in place, free or discounted legal and tax advice in relation to their business via a range of online and telephone services
  • Commercial engineering cover and energy inspection services can be provided by Allianz Engineering
  • Individual tenants' certificates of insurance where required.

Risk Management

Risk Director, our FREE online risk management service featuring:

  • Sector-specific risk management advice
  • Allianz Cyber Risk Assessment, a free, simple online questionnaire that assesses your client's network security against the recommended Government standard
  • Risk improvement reports
  • Health and safety toolkit and a range of checklists to help your clients conduct their own risk assessments
  • Business continuity planning tool
  • Specially negotiated rates from our preferred suppliers providing access to risk management products and services, such as:

- Praxis 42 – health and safety advice

- VPS - vacant property services

- Cunningham Lindsey - building valuations

- Hilti – passive fire protection

- AGA Business Services - emergency response service.

Engineering Inspection Services

Via Allianz Engineering we offer a wide range of plant and machinery inspection services, including:

  • Electrical and mechanical inspections
  • Lift and crane inspections
  • Pressure plant inspections.

In addition, Allianz Engineering's Special Services Team can arrange one-off inspections coupled with bespoke consultation in the fields of:

  • Electrical Services, such as fixed wiring inspections and Portable Appliance Testing (PAT)
  • Energy Services.

Documentation for Property Owners Select

To download copies of our Property Owners Select policy documents, please click the links below:


When your client makes a claim, they need an insurance provider that understands their loss and will be there at the crucial moments, providing them with the necessary help to get them trading again as quickly as possible.

We'll provide your client with:

  • A dedicated claims handler
  • Out of hours helpline
  • Claims analysis
  • Fraud prevention
  • Expert legal advice.

In addition, we have specialist claims teams to manage certain losses:

  • Dedicated risk experts specialising in property and liability claims
  • Major Loss Team
  • Disease Team
  • Engineering Team
  • Rehabilitation Team
  • Allianz Claims Inspectors.

For more detail on our claims service, please refer to the product documentation.

Follow the links below to find claims contact information:

If you'd like further information on this product, or have a question regarding our services, please contact your local Allianz Commercial branch.

Risk Director

If you have a query regarding Risk Director, please complete the 'Contact Us' form found on the website.