Starting a New Business? Make Insurance Part of Your Plan
November 21, 2025
Whether you’re starting a new business out of necessity or you’re a natural entrepreneur, you need the right insurance to protect yourself from property and liability losses. Here, we’ll look at the most widely needed types of insurance for businesses.
Property insurance
There is a basic insurance package that works for a broad range of small startups....
Contingent Business Interruption Coverage for Cyber
November 20, 2025
Business interruption (BI) insurance typically covers physical damage to a commercial space insured by a commercial property policy. However, business interruption and loss of income can also occur due to a cyberattack. Without physical damage to your commercial property, you most likely won’t be insured for a cyber-related business interruption.
For that, you’d need a specific...
Buying a Local Business: What Are Your Insurance Issues?
September 5, 2025
Are you looking to buy another company? Folding its property, customers and employees into your organization is no small feat. Even if you plan to keep it as a subsidiary, you need to do full due diligence on the insurance aspect of the deal. This rundown can help you prepare so your transaction doesn’t fall...
6 Tips for Expanding Your Business Footprint
September 5, 2025
The past few years have been tough for many businesses, with most just trying to keep their doors open.
Other businesses manage to thrive in spite of tough market conditions. If your company is one of these, you may now be looking to grow or expand your business footprint. Whether you are opening new locations, offering new...
What Is Professional Liability Insurance?
July 24, 2025
Professional liability insurance is commonly purchased by professionals and service providers to protect against claims of financial loss due to a failure to meet their profession’s standard of care.
Professional liability, also referred to as errors and omissions insurance, typically covers negligence, errors, omissions, and other mistakes you may make that could financially harm a client....
What Are Some Common Exclusions On Commercial Policies?
July 10, 2025
While today’s commercial insurance policies provide broad coverage, all policies contain exclusions — things the insurer doesn’t cover under that particular policy. But this doesn’t mean you cannot obtain coverage. You usually can through a separate policy designed specifically for that risk.
Let’s look at some common exclusions.
Wear and tear
Most commercial property policies exclude losses that...
Top 5 Risks That Contractors Face
June 5, 2025
Construction firms face many risks: worksite injuries, skilled labour shortages, cash flow problems, contract disputes, job site theft, defects in workmanship and material, weather delays and supply interruptions, to name just a few.
One study found that construction companies have the lowest survival rate of any type of startup. Only 36.4% were still in business after...
10 Reasons You Should Be Using an Insurance Broker
October 25, 2024
In today’s fast-paced world, choosing insurance through a direct writer may seem convenient, but there are powerful reasons why working with a broker can offer unmatched value and peace of mind.
Here are 10 reasons an insurance broker is better:
1. Personalized service
An independent insurance broker offers personalized service that direct insurance companies can't match. Insurance isn't...
The Basics of Cross-Border Trucking Insurance
September 20, 2024
Running a trucking operation between Canada and the United States involves careful insurance considerations because the risks and regulations vary between jurisdictions. A good place to start is with comprehensive commercial truck insurance, which typically includes the following coverages: Collision, comprehensive or specified perils: To cover damage to your trucks Primary liability: To cover property...
