What is business insurance?
Despite your best efforts, your business could experience a loss. That’s why it’s so important to have safeguards, like business insurance, in place to protect it.
Whether your business is big or small, a comprehensive insurance policy can provide protection and added peace of mind. Should your business suffer from an unexpected situation like a fire, theft, customer injury, or a cyber attack, business insurance can help you get back on your feet.
How we protect your business in Saskatchewan
Your business will face a number of risks, whether it’s located in Regina, Saskatoon, or another city in Saskatchewan. That’s why we offer coverage for the following:
Types of insurance coverages that help keep Saskatchewan businesses safe
Commercial property insurance:
Commercial property insurance can help if you own the building you work out of or you’re responsible for it according to the lease you have with your landlord. If you experience a loss, the right policy can help with repair costs and protect your buildings contents. That would include things like equipment, furniture, fixtures, tools, machinery, and the property of others.
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 insurance for short, can help! If a customer trips while visiting your retail store and injures themselves, you could be held liable. Or, if you accidentally damaged a customer’s home while performing some contracting work, you could be held liable. That’s where CGL insurance comes in, to help shoulder those costs.
Commercial auto insurance:
Commercial auto insurance is a necessity for any business owner who uses a vehicle, or a fleet of vehicles, to run their business effectively. Whether you’re a contractor driving between job sites or a restaurant owner with a fleet of food delivery vehicles, the right coverage can help ensure you’re not leaving your business vulnerable to costly risks and expensive losses.
It’s no longer sufficient to only protect your business against threats you can see. Cyber attacks are a very real concern for any business owner, whether you run a small company or a large one. Cyber insurance can help your business deal with the costs associated with network repairs, legal claims, or even hiring a public relations firm to help restore your company’s reputation following a breach.
How much does business insurance cost in Saskatchewan?
Business insurance costs vary across Canada. Insurers look at a number of factors including location, industry, risk exposure, revenue, number of employees, claims history, and more.
How to get business insurance in Saskatchewan
We’ll be happy to help you build a customized policy that’s tailored to your business’ needs. Just fill out this short form and we’ll get in touch with you! We’ll also be able to answer any questions you have along the way.