Business owners and executives have a lot on their plate, and choosing the right business insurance can be overwhelming. With our industry expertise and our trusted network of preferred brokers, we can help protect your company – so you can stay focused on what matters.
Core coverage is important, but your company may need a more tailored solution, especially if your industry faces specialized risks. Our commercial policies take these details into consideration, helping to protect against major threats to your business and specific dangers that you might not have considered.
No matter how well a business is run, sometimes the unexpected still occurs.
No matter how well a business is run, sometimes the unexpected still occurs. From office space and equipment to employees and vehicles, there’s a lot to track on a daily basis. And with so many moving parts, there’s bound to be opportunities for problems to arise.
Business insurance is your safety net, an important tool to protect valuable assets and help you recover from unexpected losses. Could your business stay afloat if a flood forced you to shut down for a few weeks? Would your business stay in gear if a crucial piece of expensive equipment suddenly needed replacing? Whether you operate a nation-wide company, or you’re the sole-proprietor of a small business, it’s difficult – if not impossible – to financially prepare for every possible hurdle your business may meet along the way.
It can be tough to navigate the maze of commercial insurance options out there, and without taking the time to research, a business could wind up with inadequate coverage. Let’s begin with the basis: what kind of protection does your business really need to stay resilient?
Tips for choosing the right insurance for your business
Business insurance isn’t quite as straightforward as the name suggests. There are many sides to your business, and different insurance coverages can cater to specific challenges. However, many companies can benefit from some general types of commercial insurance, including:
Protects against losses that result from network security breaches, privacy breaches, and Internet media liability.
Protects your building, as well as physical assets inside and outside the building, from exposures like fire and weather damage.
Business Income Insurance
Compensates you for your lost income while your business is closed due to an insured loss.
Commercial Automobile Coverage
Covers your company vehicles and employed drivers for liability, injuries, and physical damage sustained as a result of owning or using the vehicles.
Commercial General Liability Insurance
Protects your business if you’re found legally liable for injuries or property damage to a third party caused by the product you sell or services you provide. This also covers accidents on your premises or at your customers’ locations.
Provides protection from crimes committed by third parties and employees such as employee dishonesty, theft, computer fraud, and counterfeit paper currency.
Whatever the size and nature of your business, it’s important to stay protected. Not sure where to begin?
Risk is a part of life – risk management should be, too.
Risk is a part of life – risk management should be, too. It can be challenging to make space for risk mitigation in your daily routine, but this is a corner that shouldn’t be cut. After all, even if you have the right insurance coverage, preventing a loss is always better than recovering from a loss.
Risk management solutions can be as simple as improving the layout of your workspace, or as involved as launching a company-wide training program. Our Risk Services experts can help with both. In fact, we’ve made access to risk management expertise a fundamental feature in every Northbridge Insurance policy.
An insurance broker can be your greatest asset when it comes to finding the perfect commercial insurance policy.
A broker brings a wealth of insurance expertise, product knowledge, and personalized service to the table, which works to protect your company and your peace of mind. Our preferred network of reputable brokers is here to help craft a comprehensive policy that’s suited to your unique business.
To avoid disruption in your insurance coverage in the event of a possible Canada Post strike, we ask that you pay your premium using online banking or contact your broker about alternate payment methods.
For inquiries about any in-progress claims, please contact the adjuster handling your claim.