Owning real estate concentrates risk: a single fire, storm, or liability lawsuit can wipe out years of equity. Investors also face practical problems — lenders with strict insurance requirements, vacant units, tenants with no insurance, and portfolios spread across policies with different renewal dates.
We help property owners line up the right coverage for each building and simplify the portfolio where it makes sense — from a single duplex to retail strips and mixed-use buildings.
A fire in one unit of a four-unit retail strip forces two tenants to close for three months. The owner’s commercial property policy pays for the repairs and, through loss of rents coverage, replaces the rent those tenants could not pay while the building was restored.
Where we see it locally
Gulf Coast owners juggle wind deductibles, flood zones, and limited coastal capacity; investors in Kentucky and the other states we serve often focus on older buildings, vacancy, and portfolio growth. For 1–4 unit rentals, also see rental property insurance and vacant property.
What keeps real estate & property owners owners up at night
Building damage
Fire, wind, hail, and water damage to the structure.
Premises liability
Injuries in common areas, parking lots, and walkways.
Loss of rents
Rental income lost while a building is repaired.
Vacancy
Coverage restrictions when a building or unit sits empty.
Tenant operations
A tenant’s business can create liability for the owner.
Flood and coastal wind
Major exposures for Gulf Coast properties.
A typical real estate & property owners insurance program
Every business is different — this is a starting point we tailor to your operations, contracts, and state.
Commercial Property
Building coverage, loss of rents, ordinance or law, and equipment breakdown.
How it worksGeneral Liability
Lessor’s risk only (LRO) and premises liability for building owners.
How it worksCommercial Umbrella
Extra limits across a portfolio of properties.
How it worksHard-to-Place & E&S
Vacant buildings, renovations, and coastal properties.
How it worksProfessional Liability / E&O
For owners who also manage property for others.
How it worksBusiness Owners Policy (BOP)
Some small commercial buildings qualify for a BOP.
How it worksBuilders Risk
Ground-up construction and major renovations before a building is occupied.
How it worksHave this handy for a fast quote
- Property addresses, construction type, year built, and roof age
- Occupancy and tenant types
- Current replacement cost estimates
- Annual rents
- Lender or mortgage insurance requirements
- Vacancy or renovation plans
Real Estate & Property Owners insurance questions
What is lessor’s risk only (LRO) insurance?
LRO is liability coverage for building owners who lease space to tenants and do not occupy it themselves. It is often paired with commercial property coverage.
Should I require tenants to carry insurance?
Yes. Leases commonly require tenants to carry general liability naming the owner as additional insured, plus coverage for their own property. It protects you and reduces claims on your policy.
What happens if my building is vacant?
Many policies restrict coverage for certain causes of loss after 60 consecutive days of vacancy. Vacant building policies are available, often through specialty markets.
Do I need flood insurance for a commercial building?
Flood is excluded from standard property policies. Lenders require it in high-risk zones, and it is wise for many properties outside those zones too.
Can I put multiple properties on one policy?
Often, yes. Combining locations can simplify renewals and sometimes improve pricing. We will review your portfolio.
We cover your assets
Insurance for real estate & property owners, without the runaround
Tell us about your business once. We shop multiple carriers, explain the trade-offs in plain English, and handle certificates, audits, and renewals after you bind.
Educational only — not a policy, quote, or coverage guarantee. Coverage, eligibility, and carrier availability vary by state, class of business, and underwriting. Policy language controls. Talk with a licensed Asshield agent about your situation.