Commercial Real Estate Insurance
Your independent risk partner for commercial properties.
As a 100% Canadian-owned and employee-controlled brokerage, our team of real estate experts is dedicated to assisting commercial real estate owners and REIT managers across the country. Whether it’s a retail space, office, warehouse or industrial building, we’re here to provide specialized, proactive solutions to reduce your risk.
Featured Resource
How parametric insurance supports resilience in Canadian real estate
With natural catastrophes on the rise in Canada, real estate owners face new risks. Parametric insurance offers fast, trigger-based payouts to help bridge the gap left by traditional coverage. James McCracken, Senior Client Executive, Real Estate, explains how this approach can strengthen real estate portfolio protection.
Canada-wide partnerships with local connections.
At Acera Insurance, our real estate specialists have decades of experience working with real estate investment trusts (REITs), property management firms, commercial landlords, and developers. We know how important risk mitigation is to proactively preventing losses. That’s why we offer property risk audits and infrastructure assessments.
From single buildings to mid size and large portfolios, including office towers, retail centers, industrial parks, and mixed-use developments, we understand that every property is unique. We’ll ensure your policy is tailored to meet your needs.
Coverage across Canada.
With 60+ local branches and 1,000+ professionals, we’re here for you when you need us.
Custom coverage for commercial real estate owners and managers.
We work hard to secure specialized coverage that protects commercial property owners and operators in urban and suburban locations across Canada. Rather than a one-size-fits-all approach, we’ll work closely with you to provide purpose-built solutions for your unique situation. This often includes critical coverages like commercial general liability, property insurance, cyber liability, and more.
For more commercial real estate coverage details, speak with a specialist today
Why choose Acera Insurance for commercial real estate insurance?
Acera Insurance has a team of trusted real estate advisors, so you’ll never be passed off to a call centre. We’ll review your contracts and coverages together annually to help prevent surprises in the event of a claim or dispute. From risk mitigation assessments and advice to proactive claims advocacy and support, we’ll be there for you.
Risk Mitigation
Through our proactive loss prevention education and solutions, we’ll help you stay ahead of potential issues before they happen. Plus, our eco-aligned restoration partnerships help deliver a greener claims path that results in fewer losses.
Claims Concierge Service
Any downtime leads to lost revenue. That’s why we provide dedicated claims support in house to minimize downtime including a vetted adjuster network and 24/7 access for emergency claims after hours.
Human-driven Technology
At Acera Insurance, we offer big broker technology with a boutique broker touch. Experience the convenience of our digital tools with access to our commercial real estate experts.
Explore our commercial real estate insurance resources
Answering your most common questions.
What does Commercial Real Estate Insurance include?
While coverages for real estate owners and managers will vary based on the unique scenario and portfolio, there are several coverages that are considered standard, including including commercial general liability and property insurance. Additional specialized coverages such as business interruption insurance, equipment breakdown insurance, directors and officers liability and cyber liability are also common for commercial real estate clients.
What is the difference between commercial general liability insurance and property insurance?
Commercial general liability (CGL) insurance protects you if a third party (such as a tenant, visitor or contractor) suffers injury or property damage due to your operations and takes legal action against you. Property insurance, on the other hand, pays for the repair or replacement of physical buildings and assets you own from fire, theft, vandalism and other covered sources of loss. Most property owners need both types of coverage.
How do I know if my liability coverage limits are enough?
The limits you need will depend on several factors beyond property value — including type of property, the volume of foot traffic and the activities taking place on your property. Lenders, investors and business partners may also require proof of specific coverage limits before entering agreements. A busy commercial property accessible to the public has significantly different exposure than a small residential building. A broker with specialized real estate expertise who understands your operations can help you benchmark limits against industry standards and worst-case claim scenarios.
Why does my business need to be added as an additional insured on contractors’ insurance policies?
When contractors work on your property, there’s always a chance their activities could cause injury or damage. Even if the contractor is at fault, the property owners are often named in lawsuits for incidents that happened on their premises. Being added as an additional insured means you gain direct protection under the contractor’s policy. Their insurer, not yours, would step in to cover legal defence and settlement costs. This helps transfer risk away from your own policy, protecting your claims history and helping keep your premiums stable over time.
Speak to a specialist.
Get in touch with a specialized advisor on our real estate insurance team and we’ll get to work building the ideal coverage for you.