Plumbing Contractors: Here’s What Insurance You Need in Canada
September 5, 2025
Plumbing is an essential, but risky trade. From burst pipes causing property damage to injuries on job sites and exposure to potentially hazardous chemicals, plumbing work comes with a unique set of challenges. But having the right insurance in place can prevent things like lawsuits and accidents from derailing your business.
Here are four essential types...
Electrical Contractors: Here’s What Insurance You Need in Canada
September 5, 2025
Don’t let one mistake burn through your business’s finances.
Electrical contractors keep the lights on and the power pulsing through the Canadian economy. It’s an essential but hazardous trade that requires careful risk management and insurance selection.
Whether you’re troubleshooting a faulty circuit, installing new wiring or maintaining electrical systems, accidents can happen. Tools can be stolen,...
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...
Before You Give Up on an Insurance Claim
September 5, 2025
It’s no fun receiving an insurance claim denial. But you can do a few things to help prevent or appeal a claim denial.
Know who you're talking to
Make sure you understand the difference between an independent insurance brokerage and an insurance company: Your independent insurance brokerage is your advocate. Their independent brokers sell insurance policies but...
Solitude Sheds and Other Structures: Does Your Homeowners Policy Cover Them?
September 5, 2025
If you’ve decided to build a solitude shed, let your insurance broker know. Sure, it might seem counterintuitive to tell others about your secret hideout. But the last thing you need is to spend your cash on a zen escape only to discover it’s not covered.
Insuring your outdoor structures, including solitude sheds
Most homeowners policies cover...
When To File (or Not File) a Homeowners Claim
August 14, 2025
Home insurance premiums have been increasing, and obtaining coverage can be challenging in what's known as a "hard market."
When extreme weather and catastrophic events put demands on the insurance industry, this reflects in premiums and renewals. Insurance companies take on less risk and increase their rates to keep pace with rising claims, litigation and higher...
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...
