Business Insurance St. Catharines
Business Insurance St. Catharines – Billyard Insurance Group The term business insurance in St. Catharines pertains to protecting against operational losses by a business. What type of loss is covered by a business insurance policy depends on the insurance company, the policy wording, and local limitations. If you are looking for insurance coverage for your business that is rock solid and protects you from operational losses and other circumstances, then Billyard Insurance Group can assist you. We are an Independent Ontario Broker that operates out of the Niagara Region and our professional team can help you find the best business insurance coverage that suits your needs and your budget. We will compare up to 10 quotes from Ontario’s most esteemed business insurance providers to find you the best commercial insurance rate for your business.
Types of commercial insurance coverage
Business Property Insurance:
For most businesses, the property that is needed to run the company is very valuable. From a small office to a large retail company, there is always property that must be protected. Business property can include everything from the chair and desk you sit at to the stock kept in a warehouse. Your products, your files, your equipment, all of these things are the property of your company and needed to run the business.
Property insurance can also cover the building itself if you are the owner. For those who lease space to run their business, it refers to everything inside the offices, warehouses, and other space occupied by the company. For many businesses, the loss of this property would be catastrophic. Property insurance is thus one of the most basic types of commercial insurance and often the first thing your insurance professional will discuss with you.
When it comes to liability, the risks are much higher for a business than for the average citizen. Especially when you are dealing with the public, the risk of a small mistake that results in a big problem is very high. Businesses are therefore protected by liability insurance. When it comes to liability, there are many different types. Most businesses will carry what is known as a general liability policy. This covers a wide range of potential incidents and can prevent the company or its employees from facing a serious financial loss in the event of a lawsuit.
Depending on your type of business, you may need some different forms of liability coverage in addition to the general policy. Common types are what are known as professional liability coverage, which comes in a few forms. Some companies require errors & omissions coverage, which is a type of liability coverage that protects from mistakes, often in paperwork, made in the course of helping a client.
These are just a few of the different types of business insurance in St. Catharines. The professionals at Billyard Insurance Group can help you navigate through your business insurance quote process and answer any of your questions along the way. You deserve affordable coverage, tailored to your needs. We’ll negotiate it for you. For more information, please feel free to continue browsing through our website. We can be reached at 1-855-843-1570 or by our email found here.