5 Tips for Preparing Your Business for the Holiday Season
November 14, 2022
The holiday season is a hectic time for consumers and businesses alike so preparing your business for the holiday season can be a stressful time. During this busy time, companies experience an uptick in foot traffic and sales, necessitating more product and staff.
While this often means higher profits for retail businesses, seasonal employees, crowded stores...
Top 5 Benefits of Business Interruption Insurance
October 26, 2022
Continuity is critical in business, and there are few things more important than continuous revenue and cash flow, particularly for small to medium-sized organizations. In fact, just one brief business interruption can be incredibly costly for an organization, often leading to serious reputational damages or long-term closures.
That’s where business interruption insurance can help. This form...
Tips to Help Avoid Contractor Fraud
January 29, 2021
The average homeowner likely won’t know the cost of materials and labor put into home repairs. As a result, it’s important to stay informed when dealing with contractors so you don’t end up paying for needless repairs.
It’s often said that if something seems too good to be true, then it probably is. This advice is...
How a Change in Occupancy can Impact your Condo Insurance
October 8, 2020
A lot of people don’t realize that any material change requires that the insurance company be notified. This needs to be completed within 30 days of the change, otherwise the insurance contract is void (ie. won't respond if you have a claim). No-one would ever want to be put in that situation, so let’s look...
Commercial General Liability
August 25, 2020
So often we have a client reach out stating they have a new business and are required to carry general liability insurance. There are undoubtedly a lot of confusing steps to the process of starting a new business, but insurance doesn’t need to be one of them. The process is quite easy and a lot...
Contractor Tools – Co Insurance
July 14, 2020
Unlike many businesses, contractors frequently leave their place of business (shop) and work on their client’s premises. The fact that contractors are mobile means that traditional property insurance coverage, which is very often specific to a single location, won’t meet the property coverage needs of most contractors. The contents coverage at a shop location won’t...
Co-Insurance Explained
July 3, 2020
Has your insurance broker ever used the term “co-insurance clause”? It’s a part of most insurance policies that you purchase so it is important to understand exactly what it is.
On most commercial policies you will see it declared on the policy documents what the co-insurance clause percentage is. The co- insurance clause is typically 80% ,90% or...
10 Steps to Follow When Moving Your Business
August 29, 2019
On occasion, businesses must move their operations elsewhere following things like the end of a lease or an organizational expansion. While moving a business can sometimes be an exciting milestone, it often takes months of meticulous planning and an eye for the finer details. As such, it’s important to keep in mind the following to...
Can You Dig Anytime You Want on Your Property?
August 13, 2019
If you are considering digging into the ground on your property, put down that shovel. Under federal and provincial law, all homeowners and contractors are required to notify the appropriate utility companies before doing any excavation work.
Dig Safe System
To help you comply with this legislation many utility companies have banded together to form the Dig...
