The cost of commercial property insurance depends on the risk, which in turn reflects how likely you are to make a claim and expected value of the claim. Key rating factors for commercial property insurance include: The value of the physical assets insured (e.g. Building replacement value) The value of the rental income insured Fire and security details of the commercial property Construction materials (especially EPS/Cladding) Location of the commercial property Age of the building If the property is fully occupied or partially vacant The tenants’ occupations and business activities The landlord’s 5-year claims history