The cost of commercial realty insurance varies based on several factors:
- The type, size, and age of the commercial building
- The number of tenants and nature of their occupancies
- Building location and local weather risk (particularly relevant in Atlantic Canada)
- Replacement cost value of the building and its contents
- Coverage limits and deductibles selected
- Claims history for the property or portfolio
As an independent broker, Munn shops your coverage across 15+ Canadian insurers to find the most competitive rate for your commercial property. Already insured? Our renewal review can identify whether you’re paying more than you should or carrying less coverage than your investment requires.
