Frisco based · Serving Texas
Commercial Property Insurance in Texas
Protect the place your business depends on. Understand the coverage behind the quote.
Whether you own the building, lease it to tenants, or rent your workspace, The Agent’s Office® helps you review the property, contents, and income exposures that matter to you.
Buying, renewing, or meeting a lease requirement? Tell us your deadline when you start.

Start with your situation
What is your relationship
to the property?
The building owner and the business inside it may need different coverage. Start with what you own, use, and are responsible for under your lease.
My business owns
its building.
Review the structure, business contents, equipment, and income that depends on the location. Tell us if a separate LLC owns the building.
Prepare an owner-occupied quoteI lease my building
to other businesses.
Start with building values, tenant operations, occupancy, rental income, and lender requirements. Include any space you occupy yourself.
Prepare a landlord quoteMy business rents
its workspace.
Your landlord’s building policy generally does not insure your business contents. Review equipment, inventory, build-out, and the lease’s insurance requirements.
Prepare a tenant quoteVacant, under renovation, or purchasing soon? Select that situation in the intake. These circumstances may require a different policy approach. Describe the planned use and coverage deadline.
The coverage foundation
What does commercial property insurance cover?
Commercial property insurance helps pay to repair or replace insured buildings and business property damaged by a covered cause of loss. Your policy determines which property, locations, causes of loss, limits, and deductibles apply. Business income and other extensions must be checked separately.
Read our commercial property definition or the Texas Department of Insurance guide.
Four parts to review together
- The building: The structure and qualifying permanently installed property, when your insured interest and policy include them.
- Business personal property: Contents such as furniture, inventory, computers, and equipment. Confirm leased items and property belonging to others.
- Tenant improvements: Build-out, cabinetry, partitions, and other improvements to leased space. The lease, ownership, and policy determine the treatment.
- Business or rental income: Income protection following a qualifying covered loss, subject to the applicable trigger, period, limits, and conditions.

The details behind the premium
Before choosing a quote,
compare these six things.
Two quotes can show the same building limit and still leave you with very different out-of-pocket costs. Ask for the terms behind each number.
01. Building value and settlement basis
Check the reconstruction estimate and whether loss settlement uses replacement cost, actual cash value, or another basis. The purchase price or loan balance is not a substitute for a rebuilding estimate.
Ask: What value was used, and what repair or replacement conditions apply?
02. Roof and wind/hail terms
Review the roof’s settlement basis, applicable endorsements, exclusions, and deductible. Confirm whether wind and hail are included or need separate placement for the location.
Ask: How would this policy value damage to this roof?
03. Coinsurance and reported values
A coinsurance provision can reduce a covered claim payment when the insurance carried falls below the policy’s required share of value. Some forms modify or waive it.
Ask: Does coinsurance apply, and how was the requirement calculated?
04. Code upgrades and demolition
Rebuilding to current code can involve costs beyond repairing the damaged area. Review any ordinance or law coverage, its parts, and separate limits.
Ask: What happens if code enforcement affects an undamaged portion of the building?
05. Income and time to recover
Review business income or rental value, extra expense, waiting periods, and the restoration period. A building limit alone does not tell you how income loss will be handled.
Ask: What loss triggers this coverage, and how long can it respond?
06. Occupancy and policy conditions
Disclose vacant areas, tenant operations, renovations, and protection systems. Ask about vacancy provisions and any requirements to maintain sprinklers, alarms, or other safeguards.
Ask: What changes must I report, and what conditions must I maintain?
Put the percentage in dollars
What does a 2% property deductible mean?
A percentage deductible is calculated using the value specified in the policy. It may apply per building, per location, or on another stated basis.
Illustration: If the applicable basis is $1,000,000, a 2% deductible is $20,000. That is not necessarily 2% of the repair bill.
Use this example to frame the conversation. Ask us to identify the actual basis, minimum deductible, and how separate property items are treated.
Deductible illustration
Enter the value to which your policy applies the percentage.
Arithmetic illustration only. Excludes policy minimums, multiple-building rules, coverage limits, and claim adjustments. This is not a quote or claim estimate.
Match the solution to the loss
What needs a separate conversation?
| The situation | What to review | A practical next step |
|---|---|---|
| Floodwater enters the building | Commercial flood coverage; ordinary property policies commonly exclude flood. NFIP coverage does not include business interruption. | Ask about building, contents, and any separately available flood-related income protection. |
| Equipment suffers internal failure | Equipment breakdown coverage; insuring a machine as property does not answer every cause-of-loss question. | Identify critical HVAC, refrigeration, production, or medical equipment. |
| A building becomes vacant or is renovated | Vacancy terms and any need for vacant-building or construction coverage. | Describe the occupancy change, work scope, and project dates before work or vacancy begins. |
| A customer is injured on the premises | General liability and, where appropriate, commercial umbrella or excess liability. | Review liability alongside property in your business insurance program. |
Flood reference: FEMA/NFIP guidance for businesses.
Coverage and cost
What affects commercial property insurance costs?
Your address and operation matter more than a generic monthly average.
The property
Building size, construction, age, location, roof, updates, and fire protection help define the risk.
The operations
Tenant activities, cooking, storage, public traffic, occupancy, and loss history help determine eligible options.
The coverage
Values, settlement terms, deductibles, income coverage, and endorsements affect the comparison.
If you qualify, a business owner’s policy may combine property and liability. Other accounts may need a different package or separate policies. We can review the structure with you through our commercial business insurance service.

The Agent’s Office® · Frisco Station
Bring us the property.
We’ll help you ask
the right questions.
Your building, business, and lease do not always belong to the same entity. Start with the ownership, operations, and responsibilities so the insurance conversation reflects the actual arrangement.
Work with George and Mayra Azide’s independent agency to review your needs, discuss available options, and understand the material terms of the quote before making a decision.
Based in Frisco, we assist property and business owners across Texas, including Plano, McKinney, Allen, Prosper, Celina, Little Elm, and The Colony.
Meet The Agent’s Office® · Explore medical practice insurance
Office: 6160 Warren Parkway, Suite 100, Frisco, TX 75034
Your next step
A useful quote starts
with the right details.
Start the property intake with your address, use, ownership entity, and what you want insured. Select “Not sure” where offered instead of guessing.
- Tell us about the property. Include how you use it and any renewal, closing, or coverage deadline.
- Share the supporting details. Current policies, property schedules, lender requirements, or lease information help clarify the request.
- Review the available options. We follow up as needed to discuss underwriting information and the coverage terms being offered.
Submitting a request does not bind coverage. Availability and timing depend on underwriting.
Straight answers
Commercial property insurance FAQs
Do I need property insurance if I lease my space?
Usually, yes. A landlord’s building policy generally doesn’t cover a tenant’s furniture, equipment, inventory, or the improvements the tenant paid for. Most commercial leases, especially triple-net leases, require the tenant to insure its own business personal property and improvements. They also commonly require general liability with the landlord named as an additional insured. Check your lease’s insurance section before you quote.
Is property insurance the same as general liability?
No. Property insurance pays to repair or replace your own building, equipment, and contents after a covered loss such as fire, wind, or theft. General liability responds when someone else claims you caused them bodily injury or property damage, like a customer injured in a fall. Most businesses with a physical location carry both, often packaged together in a business owners policy.
Does replacement cost mean every repair bill is paid in full?
No. Replacement cost pays to repair or replace with like kind and quality without subtracting depreciation. Many policies only pay that full amount after the work is completed, and pay actual cash value until then. Limits and deductibles still apply. Texas wind/hail deductibles are often a percentage of the building value, so a 2% deductible on a $1.5 million building is $30,000. Older roofs may be settled at actual cash value or on a payment schedule.
Will this cover lost rent or business income?
Only if the policy includes business income coverage (for operating businesses) or rental value coverage (for landlords). Even then, the loss must come from direct physical damage by a covered cause. These coverages typically replace lost net income and continuing expenses during the restoration period. Many forms apply a 72-hour waiting period first, and the building limit alone does not provide income coverage.
What if my building is vacant or being renovated?
Tell us before quoting. Under the standard ISO CP 00 10 form, more than 60 consecutive days of vacancy before a loss removes coverage for vandalism, theft, attempted theft, building glass breakage, and water damage. Sprinkler leakage is also excluded unless the system was protected against freezing. Payments for other covered losses are reduced by 15%. That form does not consider buildings under construction or renovation vacant, but the policy’s vacancy definition, endorsements, and construction exposures still need review. A builders risk policy or vacancy endorsement may be needed.
Can you help with a lender or lease requirement?
Yes. Send the requirements with your quote request. Lenders commonly require a mortgagee clause, replacement cost valuation, specific limits, and sometimes a maximum wind/hail deductible or flood coverage in a high-risk flood zone. We match the quote to those terms. A certificate or evidence of property insurance only documents the coverage; it does not add or change any coverage.
Can a property-owning LLC and an operating business share coverage?
Often, yes. A common setup is the real estate LLC insuring the building and the operating company insuring contents and business income. Both can be named insureds on one policy if the carrier allows it and each entity has an insurable interest in what it insures. List both entities and who owns what so the policy matches the real ownership.
How soon can I get a quote?
Straightforward properties with standard carriers can often be quoted within a few business days. Older buildings, coastal locations, high values, or surplus lines placements can take two to three weeks, and inspections may follow binding. Including your target effective date and current policy up front speeds things up. Start my commercial property quote.
Do coastal Texas properties need separate windstorm coverage?
Possibly. If your commercial property policy excludes wind and hail, you need separate coverage for those losses. TWIA offers windstorm and hail insurance for eligible commercial properties in the 14 designated coastal counties and certain parts of Harris County east of Highway 146. Eligibility generally requires a qualifying declination from an authorized insurer, applicable windstorm certification, and compliance with underwriting requirements. Some properties also require flood insurance. Share the address, roof and construction updates, and any WPI-8, WPI-8-E, or WPI-8-C certificates so we can review your options.
Explore the details
Related coverage resources
Understand the relationship between insured values and claim payment.
Review code-related reconstruction and demolition considerations.
Understand coverage for build-out in leased premises.
A focused resource for practices reviewing a lease.
Everyone Needs An Agent
Let’s review the property
your business depends on.
Tell us what you own or lease, what happens there, and when you need coverage.
The Agent’s Office® · Frisco, Texas
Mon–Fri 9 AM–7 PM · Sat 10 AM–2 PM · Central Time
About this information: General educational guidance from The Agent’s Office®. Actual coverage is governed by the policy issued, including its terms, conditions, limits, deductibles, exclusions, and endorsements. Coverage and eligibility vary by insurer and property.
Coverage references
- Texas Department of Insurance: Commercial property insurance guide
- The Hartford: Factors affecting commercial property insurance cost
- Travelers: Real estate owner coverage considerations
- FEMA/NFIP: Protecting businesses with flood insurance
- Ohio Insurance Agents Association: ISO CP 00 10 vacancy provisions
- TWIA: Coverage and eligibility requirements