As home to both the University of Western Ontario and Fanshawe College, London boasts a healthy population of full-time residents and students. Although industry and manufacturing have been a part of the city’s local economy since the 19th century, present-day sectors that have found success in London include:

• Insurance
• Research
• Manufacturing
• IT
• Media 
• Education

For many businesses, insurance isn’t just another item on the to-do list. It’s an essential part of their risk management strategy. As a London-based business owner, it’s important to make sure that you have access to the coverage you need.

Business Insurance in London, Ontario

Running a successful company often comes down to a combination of hard work and foresight. If your building was to go up in flames or your equipment was to suffer a sudden breakdown, a solid insurance policy can be the difference between receiving coverage and having to cover expenses out of pocket. Here at Insurance Hero, we’re passionate about helping London-based businesses secure top-notch insurance. We’ll carefully evaluate your coverage needs before using our connections to find and recommend high-quality commercial insurance products for your business.

Commercial Insurance Broker – Small Business

Whether you’re in research or tech, London-based companies all face different challenges. This is especially true when you’re running a small business. You have to work on your deliverables. You need to oversee the marketing. And, depending on how small your business is, there’s bookkeeping and customer service that you’re also expected to do. When you work with the right commercial insurance broker, you don’t have to worry about whether that personal injury lawsuit or that equipment breakdown will do irreparable damage to your personal and professional finances.

With Insurance Hero, you can be confident of the fact that the insurance needs of your small business are in experienced hands.

Types of Commercial Insurance Products for Businesses

Insurance Hero offers a full range of commercial insurance products because we want you to have a policy that makes sense for your business. However, even within these custom recommendations, there are certain business insurance solutions that you’ll commonly see. Some of these include:

Commercial General Liability Insurance (CGL)

If a subcontractor accidentally damaged your client’s home or if a customer was to fall and hurt themselves while leaving your store, they would potentially be able to sue your business for damages. However, even if it turns out that you’re not legally responsible, the cost of paying legal fees can be crippling to business owners who don’t have deep pockets. Commercial general liability coverage can cover judgment costs as well as legal expenses in these situations.

Commercial Property Insurance

Most businesses have company property that they keep in storage overnight. But if a fire was to break out or a lightning storm was to hit, the cost of replacing lost inventory, equipment, money, and computers would be very difficult to do on short notice. Commercial property insurance may be able to compensate you for the cost of repairing or replacing equipment that has been damaged by an insured peril. If you have company property that you consider especially essential to your operation, you can also get extended coverage.

Need a Quote on Commercial Insurance for Your Business?

Finding commercial insurance for your London-based business can be tough. On the one hand, you need a policy that’s priced affordably. But at the same time, it’s essential that your business is able to get the coverage that it needs. With Insurance Hero, you can have both. We offer comprehensive business insurance solutions at the best rates possible.

Are you ready to take the next step towards insuring your business? Get your free commercial insurance quote today or give us a call.