Business Insurance

We provide business insurance services across Ontario, Canada.

With every client, our priority always is to craft a policy that adequately insures the business while maintaining a competitive cost.

 

Apply for the right insurance coverage for your small business

Business Insurance also known as Commercial Insurance and Liability insurance for small businesses is a coverage that provides financial protection to business owners in the event they get involved in a lawsuit by clients or third parties as a result of accidents, injuries, and damages that occur during a business’ day to day operations.

 

Basic types of coverages included in a standard BOP (Business Owners policy)

General Liability Insurance – This coverage protects businesses, small or large, against liability insurance claims that rise out of property damage, injuries to third parties or clients, accidents, and legal bills that accumulate as a result of being involved in a lawsuit.

Commercial Automobile Insurance – Most business owners use their personal vehicles for business purposes. A personal automobile policy is not sufficient in providing coverage when it comes to the vehicle being driven for work as there personal auto policies may exclude commercial use for the vehicle. Commercial Auto Insurance provides extensive coverage that extends to providing coverage for claims and lawsuits that arise out of automobile use.

 

As your business starts growing

When businesses start growing, the need for additional coverage starts increasing. A basic liability and commercial auto policy in most cases no longer becomes sufficient as with the growth, come new risk exposures, which need to be adequately insured. Employees and the type of jobs the business undertakes can require additional and sometimes specific coverages to maintain full protection. Unfortunately, these specific coverages are not offered by a basic BOP policy.

This is where your broker puts together a comprehensive Business Owners Policy package that consists of additional coverages and extended limits. Below you will find additional coverages that are commonly present in a Comprehensive BOP package.

Property Liability Coverage – This coverage provides protection for your building in which the business operates along with the personal property inside it. Both of these assets are not covered by a standard liability policy as a basic liability policy provides coverage for other people’s property, not your own.

Business Income Interruption Protection – If your business in unable to operate, due to an insured peril (exposure) under the policy, business income interruption insurance triggers and provides coverage for the loss of income for the time the interruption lasts. This coverage can also extend to providing reimbursement for expenses such as rent and employee salaries which continue to exist while the business is not in operation.

Professional Liability Insurance (E&O) – If your business offers professional advise or services to the public in exchange for remuneration, they are at risk of a potential errors and omissions insurance claim which may arise as a result of an employee’s negligence, errors, or mistakes. A PLI policy can be endorsed on to a BOP package by advising your broker of the exposure. There is additional cost to doing this, but the coverage is well worth the dime.

In Ontario, business owners must register their employees with the appropriate workers compensation insurance plans and pay the premiums to ensure employees are protected in the event they are injured or become ill while conduction business operations.

 

If you are a contractor, we can offer a stand-alone general liability policy

Since construction professionals, in most cases, may not require a comprehensive BOP package, we can arrange a custom stand-alone general liability coverage for contractors. Learn more about contractors insurance.

 

Business Insurance Cost

The cost of business insurance is determined by many factors. To name a few factors that determine premium rates for a business, insurance underwriters often look at:

  • Type of industry
  • Number of employees
  • Type of operations
  • Revenues
  • Past claims
  • Number of years in the business
  • Insurance company loss ratios

To get a concrete quote, it is always best to speak to an insurance broker who has industry experience and access to insurance markets for your business. You can request a quote and get in touch with an Ontario licensed insurance broker or read our guides on how to get a business insurance policy and checklist of information you will need to provide before applying for a quote.

 

Types of business insurance we provide:

We cater to businesses of all sizes. Whether you are small mom and pop shop or a corporation with 100’s of members, we have the markets.

 

Retail Insurance

Electronics equipment
Furniture
Optometrists
Home improvement centres
Clothing
Store insurance
Flower Shops
Footwear
Giftshop

 

Automotive Insurance

Auto Repair
Auto Detailing
Garage Insurance

 

Arts & Entertainment Insurance

Disc Jockey
Entertainers insurance
Photographer insurance
Tattoo Artist
Videographer

 

Consultant Insurance

Acoustic Consultant Insurance
Agricultural Consultants Insurance
Branding Consultant Insurance
Business Consultant Insurance
Business Management Consultants Insurance
Custom Computer Software Consultant Insurance
Environmental Consultants Insurance
Education Consultants Insurance
Energy Conservation Consultant Insurance – Commercial/Industrial
Ergonomics Consultant Insurance
Fashion Consultant Insurance
Fire Protection Consultant Insurance
Fire Safety Consultant Insurance
Forestry Consultant Insurance
Fuel Efficiency Consultant Insurance – Domestic
Fuel Efficiency Consultant Insurance – Commercial/Industrial
Executive Consultants Insurance
Health and Social Care Consultants Insurance
HR Consultants Insurance
Linguistic Consultant Insurance
Management Consultant Insurance
Marketing Consultants Insurance
Market Research Analyst Insurance
Noise And Vibration Consultant Insurance
Planning Consultant Insurance
Personal Consultants Insurance
Printing Consultant Insurance
Publicity Consultant Insurance
Public Relations Consultant Insurance
Quality Control Consultant Insurance
Regulatory Consultant Insurance
Research Consultants Insurance
Risk Management Consultants Insurance
Safety Training/Consultant Insurance
Security Consultant Insurance
Technical Consultants Insurance
Theater Lighting Consultant Insurance

 

Contractors Insurance

Carpenter insurance
Construction
Electrical Contractor insurance
Handyman insurance
Home Improvement
HVAC Technician insurance
Janitor
Landscaper insurance
Mason
Painter insurance
Plumber insurance
Power Washer
Snow Plow insurance

 

IT Insurance

Telecom Cabling Installers Insurance
Web Hosting Service Insurance
Network Security Company Insurance
Mobile App Developers Insurance
IT Staffing Agency Insurance
IT Project Management Insurance
IT Consultants Insurance
Data Scientist Insurance
Computer Repair Business Insurance
Digital Marketing Agency Insurance
SEO & SEM Consultants Insurance
Software Developers Insurance
Technical Writers Insurance

 

Engineering Insurance

Architect insurance
Engineer insurance

 

Farm Insurance

Farm Property and Contents Insurance
Farm Boiler and Machinery insurance
Farm Machinery Insurance
Farm Livestock and poultry insurance
Farm Produce Insurance
Hobby farms insurance
Farm Pollution insurance
Farm Liability insurance
Farm estate plans
Farm Accident insurance
Health & Wellness Insurance

Acupuncturist
Dance Studio insurance
Gym
Massage Therapist
Personal Trainer
Pilates Instructor
Health Spa
Yoga Instructor

 

Personal Care & Beauty

Barber
Beauty Salon
Cosmetologist
Esthetician
Hair Salon
Nail Salon
Tanning Salon

Professional Firms Insurance

Accountant insurance
Consultant insurance
Finance / Microfinance
IT / Technology insurance
Lawyer insurance
Marketing
Realtor

 

Restaurant & Food Insurance

Bakery
Caterer
Concession
Food Truck
Pizza Delivery
Restaurant insurance

 

Retail Insurance

Art stores
Bridal shops
Clothing store insurance
Computer and electronics store insurance
Consignment and thrift store insurance
Convenience and drug store insurance
E-commerce and online retailer insurance
Florists insurance
Furniture stores
Gift shops
Grocery stores insurance
Hardware stores
Jewelry store insurance
Music shops
Pet and pet supply store insurance
Smoke, tobacco, and vape shops
Store insurance
Toy stores
Vending machines

 

Services Insurance

Adoption Agency insurance
Credit Reference Services/Bureaus insurance
Customs & Forwarding Agents insurance
Day Spa insurance
Event Management insurance
Fitness Club insurance
Long Term Care Facility insurance
Medical Clinics insurance
Mortgage Brokerage insurance
Publishers and Printers insurance
Cleaning Service
Dry Cleaning / Laundry
Equipment Rental & Leasing
Event Planner insurance
Funeral Home
Home Inspector insurance
Life Coach
Non-Profit
Pet / Dog Groomer

 

Transportation Insurance

Auto hauler insurance
Container transport insurance
Dry van insurance
Flatbed trailer insurance
Livestock transport insurance
Tanker insurance
Temperature controlled trailer insurance
Oversize trailer insurance

 

Manufacturers’ Insurance

Auto parts manufacturer insurance
Clothing manufacturers
Food & beverage manufacturing insurance
Food canning
Computer manufacturing
Candy makers
Cabinet makers
Concrete manufacturers insurance
Electronic manufacturers
Fabricators
Frozen food manufacturers
Furniture manufacturers
Livestock farmers insurance
Machinery equipment manufacturers insurance
Meat packing facilities
Metal manufacturers insurance
Mobile home manufacturers
Newspaper printers
Plastic manufacturing
Printing insurance
Publishers
Seed and produce farmers insurance
Tobacco manufacturers

 

Wholesaler’s Insurance

 

 

Start today

We are here to help. You can call us toll free 1-888-480-7677 or begin by requesting a quote by clicking below.

 

get a quote now

 

Other useful information regarding business insurance

 

 

Other types of insurance we provide:

 

Errors and Omissions Insurance

Errors and Omissions Insurance (E&O Insurance) protects professionals & their businesses financially if they get sued because of negligence, errors, mistakes, and other reasons. This insurance is also called professional liability insurance & professional indemnity insurance in Ontario, Canada.

 

Frequently asked questions before buying an E&O Insurance Policy

 

 

Professional Liability Insurance

Professional Liability Insurance also known as Errors and Omissions Insurance (E&O) and Professional Indemnity Insurance is an insurance coverage that financially protects professionals in the event they get sued by clients or third parties that incur financial damages or losses as a result of the service provider’s negligence, errors, and or mistakes.

 

FAQ Regarding Professional Liability

 

Disability Insurance

You biggest asset in life is your earning ability. If you are unable to work, you will need to rely on either your savings or borrow money to sustain your lifestyle. When these unfortunate circumstances occur, dependents and spouses are also impacted financially and emotionally.

Disability insurance coverage will provide you a monthly income benefit, usually totaling 70% to 80% of your income, when you are unable to work for a period of time due to injury or illness.

 

Types of Disability Insurance we offer

 

Other Disability Insurance Resources that you can read

 

get quotes

 

 

Contractors Insurance

Contractors liability insurance protects construction trades and their workers in the event lawsuits arise as a result of damages. It is best to acquire at least $2 million worth of coverage. Rates starting as low as $500/year.

We also provide Builder’s Risk Insurance for contractors and builders. This insurance provides financial protection to property owners, subcontractors, and general contractors during the construction of the project.

 

Frequently asked questions before buying contractors insurance

 

 

Surety Bonds

Please find below construction surety bonds that we offer.

 

Frequently asked questions about surety bonds