How much is business insurance? The shortest answer to this question is that the cost to insure your business can be as low as $200 a year, or over $200,000 – depending on what your company does and how.
The best way to control insurance costs for your general contracting business is to avoid having to make claims if possible, and to control the cost of claims when they do happen.
Now that cannabis is legal for recreational use in Canada, that has completely changed the insurance landscape around this much-hyped drug.
Opening a new cannabis retailer in Canada can be both an exciting and daunting task. It’s been nearly two years since it’s legalization, but in provinces like Ontario, cannabis retailers are still few and far between, but growing by the day.
Every home business can benefit from some type of business insurance, even if it’s a simple liability policy to protect you if work you do for a client leads to a lawsuit. Other home businesses may store dangerous materials in the home, or even meet clients there. These businesses should all consult an insurance broker, who will propose an affordable personal or business insurance package to meet any home business’ needs.
Although we’ve been living in an electronic, online world for quite some time, cyber insurance is still very new, and very misunderstood. Read more
If you run your own plumbing business, you’re probably well aware of the hazards you and your employees face while on the job that could lead to an insurance claim. If you’re just starting out, there are some risks that will be obvious, and others not so much.
Insurance companies set premiums based on how much they are likely to spend to pay claims. It stands to reason, then, that the best way to control premiums for your roofing business is to avoid claims if possible, and to limit the cost of any claims that you do make. Read more
Landscaping is a little different than most other contracting businesses. If you’re a roofer, plumber or drywaller, you’re working directly on a house or commercial building, so there’s a lot of opportunity for property damage claims.
Your painting business faces very different risks when compared to other contractors. Because you’re not cutting, nailing or screwing into walls and floors, the chances of accidentally doing damage to the property you’re working on is much lower.