Premium Calculator

What Should Your
Commercial Property Insurance Actually Cost?

Use the tool below to see your estimated premium, then scroll down to understand exactly what goes into your rate.

Estimate Your Premium

Two numbers. Honest math. No forms to fill.

$
What's your building worth? (Replacement cost)
$
How much coverage do you want? (Can equal building value)
Rate (per $100 of coverage) $0.60
$0.20 Best Case $0.30 Average $1.25+ High Risk
👆 Drag the circle to see different outcomes
Estimated Annual Premium
$9,000
≈ $750 / month
$15,000
Coverage ÷ 100
$0.60
Rate Applied

How Is Your Rate Actually Determined?

The range is massive — $0.20 to over $1.00 per $100 of coverage. On a $2M building, that's the difference between $4,000 and $20,000+ per year. Here's what drives it.

ⓘ This estimate is based on a best-case scenario — see below for exactly how it's calculated.

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Your Claims History

Every carrier pulls your loss runs. A clean 5-year record? You'll see rates closer to $0.30–$0.50. Multiple claims — especially water, fire, or liability — push you toward $0.80–$1.00+. Every claim stays on your record for 3–5 years, and carriers price against it.

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Location & Crime

Your ZIP code matters — a lot. High-crime areas see higher vandalism and theft claims, so carriers price accordingly. Urban cores vs. suburban business parks can mean a 40% rate swing. Even neighboring ZIP codes can produce wildly different quotes.

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Weather & Natural Disasters

California wildfire zones. Texas hail corridors. Illinois tornado paths. Missouri flood plains. If your property sits in a CAT-exposed zone, carriers either charge a premium to cover it — or decline to quote entirely. This is the single biggest rate driver in commercial property right now.

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Carrier Appetite — The Hidden Factor

This is the part most brokers won't tell you. Every carrier has an "appetite" — a target for how much exposure they want in a given area or building type. A carrier already overexposed in your ZIP code might quote $1.00+ because they don't actually want more risk there. Another carrier trying to break into your market? $0.20. Same building. Same limits. Completely different price — because one wants the business and the other doesn't. Our job is to know which carriers are hungry for your specific risk, and which ones are pricing you out on purpose.

Our Job Is to Fight That Rate Down for You

Every carrier is different. Every appetite is different. We shop 20+ A-rated carriers to find the one that actually wants your building — not the one pricing you out because they're already overexposed in your area.

Quote My Property
Johal Insurance Brokers  |  Licensed in CA, TX, IL, MO  |  (805) 380-5564