Business insurance in Laval

Laval is home to the Cosmodome, Canada’s only space sciences museum. It’s also home to over 10,000 other businesses. The right business insurance coverage can help these businesses protect their employees and their bottom lines from sudden setbacks, expensive damages, and costly lawsuits. Federated Insurance prides itself on providing Laval-based businesses with comprehensive and customized business insurance coverages.

Why do you need insurance for your Laval-based business?

The best way to protect your business from sudden setbacks and costly damages is to be proactive. It’s important to be prepared in case unexpected disasters cause financial damage to your business. Could your business recover from a sudden fire or a customer lawsuit? If your contracting tools and equipment were stolen from a jobsite overnight, would you be able to cover the replacement costs? That’s where Laval business insurance comes in. A comprehensive business insurance policy can help your business bounce back from the unexpected.

We’re in your area!

As a fellow business in your neighborhood, we know what it takes to keep your business up-and-running in Laval. Whether you run a retail store in Duvernay, a contracting business in Chomedey, or any other type of specialized business, we can provide you with a business insurance solution that’s catered specifically to you.

As a proactive measure to help mitigate the spread of COVID-19, all of our employees are working remotely. Please contact us by phone/email or reach out to your Insurance Agent directly.

Our Laval office is located at:

  • 2540 Boul. Daniel-Johnson, Suite 110
    Laval QC
    H7T 2S3

  • 450.687.8650

  • 450.687.6663

Laval business insurance

What kind of business insurance do you need?

Information such as what specialized work your business does, what equipment you use, and how much revenue you make can all be used to determine what kind of business insurance you need. With our team of risk management and industry experts, Federated Insurance can help you build a comprehensive business insurance policy with the right coverages to protect your business. Here are just some of the coverages Federated Insurance can offer to protect Laval-based businesses like yours.

Commercial general liability insurance

Commercial general liability insurance (or CGL for short), is the foundation for any business owner’s insurance policy. It’s designed to help protect business owners if they are found legally liable for bodily injuries or property damage to a third party. Let’s say you’re a contractor: if you install a sink in a customer’s home and later there’s a leak that causes water damage throughout the house, your CGL policy may help cover repair costs and legal costs you incur if the customer files a lawsuit against your business.
Learn more about commercial general liability insurance

Commercial property insurance

Fires, storms, vandalism, and other unexpected events can quickly do damage to your property. Commercial property insurance can help pay for repair costs if these sudden setbacks ever impact your business property. Commercial property insurance can also help cover the repair and replacement costs for contents on your property, including equipment, inventory, furniture, and other fixtures. For instance, if a severe storm damages your hardware store’s windows and computer equipment, your commercial property insurance coverage can help cover the repair costs for both.
Learn more about commercial property insurance

Business interruption insurance

Business interruption insurance is designed to help you recover lost business income and pay for ongoing business expenses when your business temporarily closes due to an insured loss. For example, if vandals damage your restaurant, extensive repairs may require you to close your business temporarily. Without your regular business income, things like bills, payroll, and other ongoing expenses will pile up until your business opens again. Business interruption insurance can help reimburse you for any lost business profits and businesses expenses required to help you run your business until you get your business back on its feet.
Learn more about business interruption insurance

Key person insurance

If you own and run your business, you may have someone who’s integral to helping you run your company. If that person were to die or become disabled, it could significantly impact your business operations. By purchasing Key Person Insurance, you would receive a tax-free death benefit that you could use towards possible recruiting and training expenses, as well as repayment of debt. The coverage can also be used to replace any lost profits while the new employee is being trained.
Learn more about key person insurance

Didn’t see the coverage you were looking for?

Don’t worry! We’ve got others! Here are just some of the helpful types of insurance that can protect your business:

Comprehensive crime coverage

We insure against theft by your employees and others. This includes employee dishonesty, as well as coverage for the loss of money and securities due to robbery, burglary, hold-ups and more.

Mechanical and computerized equipment coverage

We offer equipment coverage, as well as rental reimbursement, which covers the cost of renting regular and computerized equipment if yours is damaged or breaks down. This coverage also includes a stated value for production equipment clause, which provides the cost of replacement based on the scheduled value of the production equipment.

Cyber risk and data breach coverage

Cyber risk insurance includes costs coverage for data recovery, customer breach communications and e-commerce threats.

Why should you choose Federated Insurance to protect your business in Laval?

We offer additional services for added peace of mind:

Risk Management Assist

Our customers have unlimited telephone access to our team of Risk Service specialists. They are available to provide guidance and answer questions about the risks your business may face and how to prevent future losses.

Trauma Assist

With our Trauma Assist service, owners and employees can receive assistance to help them cope with the emotional effects of a covered loss.

Legal Assist

Dealing with legal matters surrounding your business can be overwhelming and confusing. That’s why Legal Assist offers unlimited telephone access to general legal advice to discuss any legal situations your business has to deal with.

We’re trusted by the experts:

With over 100 years of experience, Federated Insurance has taken the time to build strong relationships with leading businesses and committed to them for the long-term. Our customers receive quality one-on-one service while dealing with our dedicated Insurance Specialists. 18,000 businesses trust us with their insurance needs and we’re recommended by over 70 trade associations and buying groups. This means we’re in the perfect position to provide specialized knowledge for specific industries.