Where to begin?
There are hundreds of business insurance coverages. What do I need?
By talking to a broker, you will be able to identify your insurance needs and make an informed choice concerning your coverage. Insurance is very complex and it's easy to get lost. A quick 15-minute telephone conversation will allow us to discuss your business and guide you towards your various options. Everything is offered free of charge and without any obligation on your part. After this discussion, you will already see much more clearly through it all. Don't waste time and ask one of our experts depending on your industry.
The basics of business insurance
Type of Coverage
Property insurance covers the tangible, what is material, in the broad sense. It is therefore possible to cover buildings, equipment, tools or even stationery. It will also be possible to cover the consequences that damage to your property could cause, in particular the subsequent loss of income.
Now a must in damage insurance, this type of insurance occupies an important place in your risk management. What impact could the inaccessibility of your computer system have for an extended period of time? In this digital age, we are often dependent on our computer systems.
Third party liability insurance
Your liability could be engaged in different ways and, depending on your activ.ities, you may need several coverages: civil, professional, environmental, directors and officers, or other.
Theft by an employee is not covered on a basic insurance contract, as is theft of money and valuables. Crime insurance compensates for these shortcomings as well as several others. We can tell you which ones you need.
A specialized insurance adapted to your activities.
Complete formula offering an insurance structure that can include your property and your third party liability in the same form. Adding riders will complete your protection!
Syndicate of co-ownership
In addition to covering the building, the syndicate of co-ownership will also need to take out third party liability insurance. The condo's administrators will also be able to protect themselves with a third party liability rider for administrators and officers.
This form of protection includes insurance for your property, your third party liability, your vehicles as well as your clients' vehicles if they are under your care.
In the case of your activities, it will be important to protect your third party and professional liabilities and your property.
Myth or reality
Beliefs in business insurance
My laptop used for professional purposes is covered when it is in my car because I have car insurance.
FALSE. The computer must be covered by business property insurance.
I already have car insurance. Now that I am starting my new business, I need to have my car insurance adapted for my new activity as a real estate broker.
TRUE. The use of a vehicle has a direct impact on the insurance coverage. Forgetting to notify the insurer could have serious consequences.
I have home insurance including third party liability. As I operate under my personal name, I am automatically insured for my professional activities.
FALSE. Professional activities are excluded from home insurance contracts as well as the resulting damage. However, they can be covered by a rider.