Our Program
Looking for a way to maximize the profitability of your property while assuring the safety of the investment?
The Commerce Property group program offers exceptional coverage through top rated carriers and dramatically reduced rates by combining the purchasing power of hundreds of property owners. We are able to offer most commercial property owners a 30% savings and better coverage than their previous policy.
Commerce Property Insurance Services exclusively represents members of CIREOA (Commerce Investment Real Estate Owners Association) to provide them with insurance for their investment properties. CIREOA is a non-profit group of property owners with hundreds of buildings, joined together to leverage their cumulative size for better benefits; one of these benefits is the insurance program.
Formed in 1998, the program now provides insurance for over $1 billion worth of property with coverage available in most states.
Benefits of Our Program
Bulk purchasing power makes carriers compete for the business and offer very robust coverage and a huge liability limit for the lowest possible rates.
Only 4 insurance policies cover all of the properties in the association (Property, Liability, Excess Liability, and Business Auto Coverages). This allows carriers to provide exceptional discounts for the large amount of square footage in the program and low administrative costs.