Commercial Property


Commercial Property Insurance - The Peak Agency

Coverage That Protects Your Business Assets

You know that protecting your investment is a top priority as a business owner. That’s why Commercial Property Insurance is so important. This type of insurance helps to protect your business in the event of damage to your building or contents due to unexpected events. While no one likes to think about the possibility of damage to their property, it’s always better to be safe than sorry. 

The Peak Agency offers the best policy for commercial property insurance at an affordable price, so finding the right coverage for your business is easy. With commercial property insurance in place, you can rest assured knowing that your business is protected in the event of a disaster, and you can focus on running your business.

What is Commercial Property Insurance?

Commercial Property Insurance protects business owners from financial losses due to damage to their property. This type of insurance covers buildings, contents, and equipment. It can also help to cover the costs of repairs or replacement. Sometimes, it may even cover lost income costs if your business is forced to close due to damage. This type of Business Insurance can be tailored to your specific needs, so it’s important to work with an experienced insurance broker like The Peak Agency to ensure you have the right level of cover in place.

If you don’t have Commercial Property Insurance and your business suffers a loss, you could be left facing a significant financial burden. So, if you’re not already insured, this Insurance is something you should definitely consider.

What Risks are Covered by Commercial Property Insurance?

The most common types of risks that are included in commercial property insurance coverages:

  • Fire

While commercial property insurance is not required by law, it may be required by some landlords or lenders. In addition, many businesses purchase different types of commercial property insurance to protect their investment and minimize the financial impact of unexpected events.

What’s NOT COVERED by Commercial Property Insurance?

It is important to be aware that this type of insurance does not cover every type of property damage. This coverage can’t help your business if:

  • The damage is caused by something that is not covered by the policy, such as floods or earthquakes.
    The damage is caused by something that is not listed as a covered item, such as jewelry or art.
    The damage is caused by something that happens after the policy expires.
    The damage exceeds the policy limit.
    The policy deductible has not been met.

If you are unsure, it’s always best to speak with an insurance agent from The Peak Agency to learn more about what is and isn’t covered by your policy.

How Much Does Commercial Property Insurance Cost?

When it comes to commercial property insurance, a number of factors will impact your policy’s cost. 

  • Location of the property. Properties in high-risk areas, such as those prone to flooding or wildfires, will typically pay more for insurance than those in low-risk areas.
    Type of construction. For example, properties made with fire-resistant materials will usually pay lower rates than those constructed with more flammable materials.
    Occupancy of the property. For example, a commercial property that is vacant for extended periods will usually pay higher rates than one that is occupied year-round.
    Level of fire and theft protection. Businesses with comprehensive security systems and alarm systems tend to pay lower rates than those without such protection.

By understanding these factors, business owners can be better prepared when shopping for commercial property insurance.

Does a Home-Based Business Need Commercial Property Insurance?

Commercial property insurance covers a broader range of risks than homeowners insurance. So if you have a home-based business, you might want to consider this insurance to help protect your business and its physical assets. This can provide coverage for the building itself, as well as any business equipment or inventory. And if you have customers or clients who visit your home-based business, commercial property policy can also provide liability protection in case they are injured on your property.

Depending on the size and needs of your business, commercial property insurance might be the best way to help protect your home-based business. Talk to us to find out if commercial property insurance is right for you.

How Do You Value Commercial Property Insurance?

When it comes to Commercial Property Insurance, you’ll need to choose a value for the property that will determine how much coverage you have. The three main ways that insurance companies value commercial property are:

  • Actual cash value takes into account the depreciation of your property.
    Replacement cost value covers the cost of rebuilding your property from scratch.
    Fair market value is the highest level of coverage and covers the cost of rebuilding your property and any lost business income.

Whichever method you choose, it’s important to ensure that you have enough Commercial Property Insurance coverage to protect your business in the event of a loss.

Contact Us For The Best Rate of Commercial Property Insurance!

Commercial property insurance is vital for any business owner. Your commercial property is likely one of your largest investments, and it houses valuable inventory, equipment, and furnishings. In the event of a fire, theft, or other disaster, this can help you quickly recover your losses and get your business back up and running.

The Peak Agency offers free commercial property insurance policy quotes, so there is no reason to delay getting the coverage you need. Contact us today at 405-332-5568 to learn more about our commercial property insurance options.

Why Choose The Peak Agency For Your Commercial Property Insurance?



We have years of insurance experience helping clients prepare for the unknown.



We are are a no pressure, no hassle company who gets you covered efficiently for your insurance needs.



We provide a personalized business or individual assessment and help protect your hard-earned assets.



This will protect you and your vehicle in the event of an accident.  It can help cover repairs, or replacement costs if your car is totaled. Some policies even cover rental cars.


This type of policy that protects the assets and business operations of individuals or organizations. It can help with covering physical property such as buildings, etc.


This helps protect your home, family, and valuables from damage or theft. A standard homeowners policy will cover you for major structural damages like fire and burglary.


This protects in case there are any accidents at an oil field, on production equipment near natural gas fields, and even during transportation for personnel.



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Stillwater, OK 74074

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