Ontario Business Insurance

When it comes to insuring your business, we’ll design the right business insurance solution, one that’s tailored to meet the specific and evolving needs of your business. You can trust us to deliver on that promise – we have over a century of experience, and an unwavering commitment to our customers.

What is business insurance?

Business insurance is a safeguard that can help protect your business from the unique risks and threats it may face.

One expensive loss could put your business operations in jeopardy, so it’s crucial that you invest in protecting your company with a comprehensive business insurance policy.

No matter how big or small your business may be, insurance provides peace of mind and can help your business recover from unexpected events and situations like a fire, theft, customer injury, or cyber attack.

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 Ontario

No matter where your business is based in Canada, it’s a good idea to protect it.
We understand the different sides of your operations and we offer coverage for the following:

Types of insurance coverages that help keep Ontario businesses safe

Commercial general liability (CGL):
Commercial general liability, also known as general liability insurance, is designed to protect business owners if they’re found legally liable for bodily injuries or property damage to a third party. Having this coverage could help your business recover from expensive legal costs and keep your business going.

Commercial property insurance:
Whether you run your business out of your home or rent a commercial space, you likely have supplies, equipment, and inventory that your business depends on. Having commercial property insurance helps protect those assets if you suffer a covered loss, and it could help with repair/replacement costs to help get you back to business.

Commercial auto insurance:
If you or your employees rely on a vehicle – or multiple vehicles – to make deliveries, make site visits, or more, personal auto insurance may not be enough to protect you, your employees, and your passengers.

Having this coverage can help you get back on the road faster by providing replacement car coverage if you need to rent a temporary vehicle to keep your daily business operations going after an accident.

Cyber insurance:
If your business relies on technology to store customer data, orders, or other information, you may want cyber insurance in case your business is ever targeted for cyber crime.

Times that cyber insurance can help support your business include:
– If documents or devices are stolen or lost
– If a computer network is breached, which leads to private information being stolen or ransomed

How much does business insurance cost in Ontario?

Whether you need business insurance in Toronto, Ottawa, St. Catharine’s or another city in Ontario, the cost of business liability insurance varies across Canada. Location isn’t the only factor that insurers consider when calculating your premium. Other factors such as the industry, risk exposure, revenue, number of employees, claims history, and more are also considered.

How to get business insurance in Ontario

If you’re thinking about getting business insurance, you may have some questions you want to ask an expert. We can help with that!

The first step to setting your business up with insurance is to fill out this short form. We’ll get in touch with you to build a customized policy that’s tailored to your business’ needs and answer any questions you have along the way.

Ready to learn more about how Federated Insurance can help your business?