Mixed-use, multi-tenant, or a historic building from the 1800s — we have a vast appetite and the carriers to back it up. Reasonable wind/hail deductibles and thoughtful programs built around your real risk.
From modern shopping centers to landmark buildings from the 1800s, we have markets for the full spectrum of commercial property risk.
Retail on the ground floor, residential or office above — we know the structure and the coverage.
19th-century structures in historic downtown districts are one of our specialties, not a reason to say no.
Carriers with sensible percentage deductibles instead of punitive ones that leave you exposed.
Retail, food service, salons, offices, even higher-risk operations — we work with it.
Commercial property policies come in three coverage forms. Each unlocks a broader set of covered causes of loss.
Covers a narrow list of named perils — fire, lightning, explosion, windstorm, and a handful of others. The most affordable option; best suited for budget-focused programs or properties that won't qualify for broader coverage.
Everything in Basic, plus additional named perils like water damage (burst pipes), falling objects, weight of ice/snow, and more. A balanced middle ground for many strip centers.
Covers damage from any cause of loss unless it's specifically excluded. The broadest and strongest protection, and the form we recommend whenever a building qualifies.
The coverage form tells you what's covered; the settlement type tells you how a loss is valued. Combining both is what creates a truly tailored program for your building.
Replacement cost minus depreciation. Lowest premium, but payouts account for age and wear.
Pays the full cost to rebuild or replace with like kind and quality, no depreciation deducted.
Rebuilds with modern, functionally equivalent materials — perfect for older or historic structures.
A dollar amount agreed upon up front. Removes coinsurance disputes and simplifies claims.
A lot of building owners don't realize how these factors stack up. We walk you through each one so you know why your premium looks the way it does — and where you can improve it.
Masonry non-combustible and fire-resistive structures (concrete, metal, brick) consistently earn better rates than frame construction. The stronger the build, the better the pricing.
A newer roof in good shape is one of the biggest discount opportunities available. Older or worn roofs drive premiums up and can trigger higher wind/hail deductibles.
Central-station burglar and fire alarms plus fully sprinklered buildings earn meaningful discounts with most carriers. Small upgrades, real savings.
Every tenant's operation affects your risk profile. A salon and a law office price very differently than a hookah lounge or trampoline park — that doesn't mean we can't write it, it just means pricing reflects the exposure.
Distance to the nearest fire hydrant and fire station directly affects rating. Urban core vs. rural property makes a real difference on premium.
Updated electrical, plumbing, HVAC, and roof systems all lower risk of loss. Recent renovations are one of the first things underwriters ask about.
Hookah lounges, trampoline parks, nightclubs, gun ranges — none of these make us walk away from a risk. They do factor into pricing, and we'll tell you exactly how up front. No surprises, no bait-and-switch renewals.
What we won't do is quote you a cheap rate without explaining the exposure. Transparency first, so you can plan your program properly.
Whether you're insuring one property or coordinating coverage across a portfolio of strip centers, we scale with you.
We've successfully placed commercial properties with total insured values north of $40 million. Large habitational, mixed-use, and historic structures all fall within our capability. There's no risk too big for us to work on.
Own more than one strip center? We write blanket property programs that combine multiple locations under a single policy. Add new buildings with a simple endorsement instead of starting from scratch on every acquisition.
Standard commercial property policies often reduce or exclude coverage once occupancy drops below a set threshold. We specialize in vacant and partially vacant strip malls, retail centers, and commercial buildings — whether you're between tenants, renovating the space, holding the property for future development, or working toward a sale. We place it with carriers that actually want vacant risk.
Tell us about your property — old, new, mixed-use, or anything in between — and we'll shop the markets that actually want it.
Start My Quote →Disclaimer: The coverages, endorsements, and features described on this page are illustrative examples and may vary by carrier, state, and individual policy. Conexion Insurance Agency does not guarantee that any specific coverage, limit, or exclusion applies to your policy. Actual terms are governed solely by the policy issued to you — please review your own policy documents carefully and contact us directly for specifics about your account.