Commercial property insured to value.
Coverage for commercial buildings, business property and lost income, including older buildings, mixed-use properties and risks the standard market declines.
By Sam Alishahi · CA Insurance License #4348151 · Reviewed October 2026 · How this page is researched
Getting the valuation right matters most
Commercial property policies pay based on the values and terms you choose: replacement cost or actual cash value, limits, and coinsurance conditions.
Underinsuring a building can reduce claim payments. I help set values that reflect the real cost to rebuild.
- BuildingThe structure you own, including permanent fixtures.
- Business personal propertyEquipment, inventory, furniture and tenant improvements.
- Business incomeLost income and extra expense after a covered loss.
- Separate policiesEarthquake and flood are typically excluded and bought separately.
What underwriters will ask
Having these ready means I can go to market on the first call. The quote form asks for the same things, and anything you don’t know yet can wait.
- Building: address, year built, construction and square footage.
- Occupancy: tenants or your business operations.
- Updates: roof, electrical, plumbing and HVAC years.
- Protection: sprinklers and alarms.
- Values: building, contents and annual income.
- Claims: any in the last five years.
Commercial property, answered
What is lessor’s risk only (LRO) insurance?
Lessor’s risk only insurance is for owners of commercial buildings leased to tenants who run their own operations there. It covers the building and your liability as the owner, while each tenant carries its own business insurance.
What is coinsurance?
A condition requiring you to insure to a percentage of value. If you’re underinsured, a claim payment can be reduced.
Replacement cost or actual cash value?
Replacement cost pays to rebuild without deducting depreciation; actual cash value deducts depreciation. Replacement cost usually costs more.
Does commercial property include earthquake?
Usually not. Earthquake is typically separate.
Can you insure a building with older wiring?
Sometimes. Documented updates and inspections improve options, and specialty markets may help.
Do you offer commercial property insurance outside California?
Yes. Clients across the country send the same quote form. California policies are placed directly; outside California the request is handled together with a partner agency in your state, and the shopping across carriers works the same way. Rules, minimums and markets differ by state — see insurance requirements by state.
Send the building details. I’ll take it to market.
Address, occupancy and values are enough to start.
Alishahi Insurance · Saman Alishahi, independent insurance broker, California License #4348151. General information, not a quote or a promise of coverage; coverage depends on underwriting and the terms, conditions and exclusions of the policy actually issued. Some policies may be placed with nonadmitted (surplus lines) insurers, which are not members of the California Insurance Guarantee Association (CIGA).
Tell me how to reach you. I’ll take it from there.
Takes about 30 seconds. I review every request personally and call you back, usually the same day.
(424) 552-4545Answered 24/7 · CA License #4348151
Get a reminder before your renewal.
Tell me when your policy renews and I’ll email you about six weeks before, when it’s worth comparing. One email, no calls.