Protecting your Kitchener-based business is a top priority for many business owners. Otherwise, financial risks can leave costly repercussions. Whether you have a small home-based business or a chain of retailers, you don’t want to suffer damages from unexpected lawsuits or third-party liability claims.
At Insurance Hero, we understand that Kitchener business owners have a lot of responsibilities. We make the commercial insurance process quick and simple, so you can spend more time celebrating your business successes.
Ready to find affordable business insurance in Kitchener? Contact Insurance Hero today with our online form or call us at 1 (855) 777 4376.
Commercial Insurance in Kitchener
Commercial insurance helps protect your business against certain unexpected events, lawsuits, and liability claims. It covers expenses like medical bills, settlement awards, legal defence fees, and other costs that might arise from repairs to your property and equipment or a third-party liability claim.
When you work with an experienced insurance broker like Insurance Hero, you have access to some of the best business insurance policies in the market. We offer competitive rates and comprehensive packages designed with your business needs in mind. Our business insurance products ensure your Kitchener-based business stays protected.
If you’re ready for commercial insurance, speak with an Insurance Hero specialist today with our online form or call us at 1 (855) 777 4376.
Types of Commercial Insurance Products for Kitchener Businesses
Commercial General Liability Insurance (CGL)
Do you operate a physical brick-and-mortar store? Does your company have offices or a facility that you do business out of? If someone were to slip while leaving your store or a subcontractor was to make a mistake that caused damage to a client’s property, you could find yourself named as a defendant in a lawsuit. CGL coverage can help with both your legal bills and your judgment amounts in these scenarios.
Commercial Property Insurance
If your building is struck by lightning or a major fire breaks out in your office, your commercial property could get damaged. Most offices or facilities have inventory, stock, supplies, and equipment held within their facilities every day. Commercial property insurance can compensate you for damages in these scenarios. If you need extended coverage for some or all of your company’s property, Insurance Hero has additional options that you can explore.
Equipment Breakdown Insurance / Boiler & Machinery Insurance
Whether you’re running a restaurant, a construction company, or any other kind of business, chances are that there’s equipment and infrastructure that you rely on to get things done. If you were to go in tomorrow and discover that your fridge, your computer system, or your boiler had broken down, your company’s ability to function could be seriously hampered. These insurance policies can help you deal with the cost of repairing or replacing your damaged equipment.
Commercial Auto Insurance
Do you have to travel in order to meet current and future clients? Are you routinely closing deals in person or transporting equipment to different locations? If business-related travel is a regular part of your week, then you may need to consider taking out a commercial auto insurance policy. Accidents can happen at any time, and if your company car is involved in a collision, this coverage option may be able to assist you with the cost of repairing or replacing your vehicle.
What insurance is a business required to have?
While business insurance might not be mandatory for you to operate, it’s always a good idea to have comprehensive protection in case something goes wrong. Your insurance should protect your business against the unique risks it faces during daily operations.
For example, if your employees operate a fleet, registering for commercial auto insurance is a good idea. If you have heavy, specialized equipment or a complex network of computer servers, equipment breakdown or boiler & machinery insurance can help recover damaged equipment.
