What is business insurance?
Business insurance is designed to help protect your business against the unique risks it faces on a daily basis. An expensive loss could hurt your business operations, so it’s vital that you have a comprehensive insurance policy to help protect your company.
Whether your business is big or small, if it should suffer from an unexpected situation like a fire, theft, customer injury, or a cyber attack, business insurance can help. The right coverage can provide added peace of mind.
Our industry expertise
We’re industry experts, and we draw on our expertise to find the right type and amount of coverage for your business. Whether you work with cars or equipment, food or fuel, we’ll craft a program that respects the finer points of your particular industry, pinpointing your risks and helping you mitigate them.
How we protect your business in Québec
Whether your business is in Montreal, Gatineau, or another city in Québec, it will face unique risks. We understand what’s needed to help protect a business, and offer coverage for the following:
Types of insurance coverages that help keep Québec businesses safe
Commercial property insurance:
If you own the building you work out of or you’re responsible for it according to the lease you have with your landlord, commercial property insurance can help. Should something go wrong, it can help with repair costs to help you get back to work quickly. Your likely also have supplies, equipment, and inventory that your business depends on. Commercial property insurance also helps protect those assets if you suffer a covered loss.
Commercial general liability (CGL):
If you’re found legally liable for bodily injuries or property damage to a third party, commercial general liability insurance (or CGL for short) can help. For instance, if a customer injures themselves while on your business’ premises, you could be held accountable. Having this coverage could help your business recover from expensive legal costs.
Commercial auto insurance:
If you or your employees rely on a vehicle – or a number of vehicles – for work, you will need commercial auto insurance. Appropriate coverage will help ensure your business is not left vulnerable to costly risks and expensive losses. It may also provide replacement car coverage if you need to rent a temporary vehicle to keep your daily operations going after an accident.
Cyber insurance:
With cyber attacks becoming more and more prevalent today, it’s important to ensure your business is covered. Cyber insurance can help support your business if documents or devices are stolen or lost, if a computer network is breached and private information is stolen or ransomed, and in a number of other scenarios.
How much does business insurance cost in Québec?
The cost of insuring your business will vary depending on a number of factors. When calculating your premium, a number of things are considered including: location, industry, risk exposure, revenue, number of employees, claims history, and more.
How to get business insurance in Québec
If you’re considering getting business insurance, fill out this short form and we’ll get in touch with you to build a customized policy that’s tailored to your business’ needs. We’ll also be happy to answer any questions you have along the way.
