Products: Keelan Westall targets empty commercial property with product
Hampshire-based wholesale broker Keelan Westall has launched Agility Commercial, a product designed to protect vacant commercial properties from damage caused by vandalism, flooding, fire or squatters.
The Barbon subsidiary said the product would meet the needs of brokers, as there is an estimated 900,000 unoccupied commercial properties in the UK.
The minimum premium is £250 plus insurance premium tax, and there are two levels of cover available.
Wayne Tonge, managing director at Keelan Westall, said: “Insuring vacant properties can be difficult. The risk of damage due to vandalism, flooding or fire is greater and the building is more liable to squatters moving in and causing damage to an
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