Commercial Property Insurance

Commercial real estate carries exposures that differ from residential property. The Stewart Agency works with Tulsa building owners and investors to review their properties, explain their options, and compare coverage from a wide range of carriers.

Coverage for Owner-Occupied Buildings

Building

The structure, permanent fixtures, and building systems.

Business Personal Property

Equipment, inventory, and furnishings.

Business Income

Income lost while operations are interrupted by a covered loss.

Equipment Breakdown

Mechanical and electrical systems such as HVAC and electrical panels.

Lessor’s Risk Only

For owners who lease space to tenants, a lessor’s risk only policy covers the building and the owner’s liability as landlord. Tenants carry their own coverage for their operations.

What Building Owners Should Review

  • Valuation. Whether your limits reflect current construction costs.
  • Coinsurance requirements. An underinsured building can reduce a claim payment.
  • Wind and hail deductibles. These are often a percentage of the building limit.
  • Lease requirements. What your tenants must carry and whether you are named as an additional insured.
  • Vacancy provisions. Coverage may be restricted when a building or a large share of it sits empty.
  • Ordinance or law coverage. The cost of meeting current building codes after a loss.

Properties We Work With

  • Retail and strip centers
  • Office buildings
  • Warehouses and industrial space
  • Mixed-use buildings
  • Single-tenant net lease properties
  • Owner-occupied buildings

Own a property outside these categories? We welcome the conversation. Contact our office.

Why Work With an Independent Brokerage

Our relationships with a wide range of carriers allow us to compare coverage and pricing for your commercial properties, from straightforward needs to more complex risks. As your holdings grow, you have one advisor who understands your properties and helps keep your coverage aligned with your needs.

Common Questions

It is a commercial policy for building owners who lease space to tenants. It covers the building and the owner’s liability as landlord, while tenants insure their own operations.

Yes. Your tenants need their own coverage for their business operations and property. Leases should require tenants to carry general liability and name the building owner as an additional insured, and we can review those requirements with you.

It is a policy provision that requires you to insure the building to a set percentage of its value. If the limit falls short, a claim payment may be reduced.

What Our Customers Are Saying

Anna was tremendous to work with. Her skill and experience really showed as she helped me navigate our options for my business’ insurance. Very reliable and responsive to questions. Couldn’t recommend enough!
Derek, Verified Google Review
Their quotes are extremely competitive, the team is very knowledgeable and friendly, and most importantly they are responsive and fast. Five star experience at The Stewart Agency.
Chris, Verified Google Review
Anna came through for us when it seemed like we would be unable to obtain coverage for our rental property. She was remarkable. I would highly recommend Anna and The Stewart Agency without reservation.
Ted, Verified Google Review
Anna has been my insurance agent for several years. She writes my personal and business insurance coverage, and she is a knowledgeable, professional, and caring insurance agent.
Larry, Verified Google Review
From start to finish, they were incredibly helpful, professional, and genuinely cared about finding the best coverage for my needs. Every question I had was answered quickly and clearly, and the entire process was seamless.
Natasha, Verified Google Review
I could not have navigated through what I needed without Anna’s knowledge of the industry. Her guidance and patience were so helpful.
Lance, Verified Google Review
The Stewart Agency made it so easy and had options available for me quickly. What I also appreciate is that they gave me information that another agency had not been transparent about.
Kimberly, Verified Google Review
Anna and her team are amazing with first class all the way. She has a heart of gold and truly cares about the people she helps.
Lisa, Verified Google Review
I highly recommend her to help you navigate the insurance maze. She is genuine, hardworking, and ready to help!
Dee, Verified Google Review
Wonderful to work with and such a pro! Anna knows her stuff!
Steven, Verified Google Review

Request a Commercial Property Review