Types of Commercial and Business Insurance Products
There are several different insurance products available to businesses in Ontario. No matter how large or small your business may be, or what type of industry you may work in, InsuranceHero.ca can help you find the right coverage. Here are a few of the different insurance products that we can offer:
- Commercial General Liability (CGL)
- Business Property Coverage
- Equipment Breakdown Coverage (boiler and machinery insurance)
- Small Business Insurance (home based business)
What does Commercial General Liability (CGL) insurance cover?
General business liability insurance protects you in cases where your business has been deemed legally responsible for injuries caused to another person, or damage to their property. While you certainly don’t intend for anyone to become injured on your property, accidents do happen. Let us make sure that you’re protected.
What does Business Property insurance cover?
There are several different levels of protection for business owners who own or rent. Building owners can opt for protection that covers the building structure, while renters can obtain coverage for any improvements you make as a tenant. Your business property insurance might also keep you covered in the event of flooding, sewer backup, consequential loss, and more.
What does Equipment Breakdown insurance cover?
We offer this type of coverage for pressure, electrical and mechanical equipment necessary to the day-to-day management of your business. Items covered by this type of policy may include: hot water heaters, heating and cooling systems, telecommunications equipment, ovens, copiers, cash registers, and more.
What does Small Business insurance for home based businesses cover?
If you run a small business from your home, it may surprise you to learn that your home insurance will not offer coverage, should the need arise. While you do need to have a separate Small business insurance policy for your home based business, you might not require a traditional commercial policy. Talk to InsuranceHero.ca about selecting a small home run business package, which can be added to your existing home insurance.
If you’re looking for reliable, affordable Ontario business insurance, please request a quote online or give us call at 1-855-777-4376.
** It is imperative that you inform your insurance provider about any business run from your home in order to prevent voiding your home insurance. **
