Every business needs insurance, but your bricklaying and masonry business has unique coverage needs based on the kind of claims you are most likely to make. There are some things that can happen to any contracting business, like stolen tools and liability claims arising from injuries or damage that occurs on the work site. But what kinds of claims are most common for brick and masonry businesses like yours?
As with any trade, there are certain risks that come along with drywalling, and it’s critical for every drywall contractor to be aware of the risks, minimize them as much as possible, and get the right kind of insurance in place to protect the business if something bad happens.
As a carpenter, you may be subcontracted at various stages of a construction or renovation project to complete a number of different jobs, including building concrete forms, framing, installing doors and windows, and installing cabinets. You and your employees are skilled tradespeople with a commitment to do the job right.
Whether it’s forty degrees or forty below, your HVAC business keeps your customers cozy in Canada’s wildly varying climate. And in turn, you can rely on HVAC contractors insurance to turn down the heat on the financial risks that your business faces every day. (Yeah, it’s a bad pun, but we’ll make up for it by giving you valuable information, so please read on…)
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.
So, you run your own business as a contractor and things are going well. You’re booked for weeks or months in advance and have a tonne of happy customers recommending you to their friends and family and others in the community.
Great news! When it comes to finding an insurance broker to help you insure your business, there’s plenty of choice out there! In Ontario alone, there are over 1,250 licensed insurance brokerages and across Canada that number increases to well over 5,000. Type the words “Business Insurance Broker Ontario” into Google and you’ll be met with over 11 million results to sift through! Read more
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.
There are a number of very good reasons why every business needs to have a strategy in place not only to prevent cyber attacks if possible, but also to deal with them in an efficient way when they happen. The fact is that it’s highly unlikely that your business will never be hit by hackers. What will make all the difference when it does happen is how quickly you can respond to mitigate the damage.
In an earlier article we touched on the growing trend of home-based businesses and highlighted the importance of discussing income generating ventures with an insurance broker to arrange proper coverage. The insurance industry has recognized the popularity of gainful domestic enterprise—that creative entrepreneurial space between a full commercial business and a paper route—and the market has developed products to fill the coverage need. Read more