Skip to content
CoverMarket
Get early access

Business insurance

The coverage your clients, landlords and contracts ask you to carry — explained before you hand over a single detail about your company.

Most Canadian businesses buy their first policy because someone asked for proof of it: a landlord before the keys, a prime contractor before site access, an enterprise client before signing. That is a poor way to learn what you are actually covered for. Start with what each policy answers, then decide what your business needs.

Get early access

Coverage for your business

Commercial General Liability

The baseline policy almost every Canadian business is asked to carry — it answers the third-party injury and property-damage claims that arrive without warning.

Covers third-party bodily injury, damage to someone else’s property, and the legal defence costs that follow — whether the incident happens at your premises, at a client site, or because of the product you sold.

Sample priceSolo consultant · $2M general liability + $1M E&O · $45/mo · $540/yr

Illustrative figures only — not a quote. What you actually pay is driven by your industry, annual revenue, claims history, and the policy limits you choose.

Learn more about Commercial General Liability

Commercial Property

Protection for the physical things your business runs on — the building, the fit-out, the inventory and the equipment you could not replace out of pocket.

Pays to repair or replace owned and leased property after fire, theft, vandalism, water damage or storm loss, and can extend to the income you lose while the doors stay shut during repairs.

Sample priceRetail shop · $250k contents + $2M liability · $110/mo · $1,320/yr

For illustration only — not a quote. Real premiums reflect your industry, annual revenue, claims history, and the limits and deductibles you set.

Learn more about Commercial Property

Professional Liability (Errors & Omissions)

Cover for the work itself — the advice you give, the designs you stamp and the services you deliver, where the loss is financial rather than physical.

Responds to claims of negligence, error, omission or misrepresentation in professional services, funding legal defence and any settlement even when the allegation ultimately proves unfounded.

Sample priceSolo consultant · $2M general liability + $1M E&O · $45/mo · $540/yr

Indicative only — not a quote. Your premium depends on your industry, annual revenue, claims history, and the limits of liability you select.

Learn more about Professional Liability (Errors & Omissions)

How business coverage works here

  1. Tell us about your business

    What you do, where you do it, roughly what you bill in a year, and what your contracts demand. That is enough to work out which policies apply to you — no site visit, and no commitment at this stage.

  2. We shop the market

    Business coverage is not a price you can look up. Insurers rate the same operation very differently, so we take your details to the ones that actually want your class of business and bring back what they will write — with the limits, exclusions and deductibles set side by side rather than buried.

  3. Get covered and get your certificate

    Once you choose a policy, you get the certificate of insurance your contracts ask for — the one-page proof a landlord or client actually wants to see. If a contract names a limit or an additional insured, tell us before binding and we will make sure the certificate says so.

Frequently asked questions

Business insurance

Does my business actually need insurance?

Legally, most Canadian businesses are not required to carry it — commercial vehicles and a handful of licensed trades are the exceptions. Contractually is another matter: landlords, prime contractors and larger clients routinely require proof of coverage before they will sign. If you sign agreements, visit client sites, or have anyone other than yourself on the payroll, you will be asked for it eventually.

Which policy do I need — there seem to be several?

Each answers a different question. General liability answers whether you injured someone or damaged their property. Commercial property answers what happens to your own building, stock and equipment. Professional liability, also called errors and omissions, answers whether your advice or work was wrong. Many businesses need more than one, and many contracts name two of them explicitly.

What is a certificate of insurance, and why does everyone want one?

It is a one-page summary of your policy — who is insured, which coverages are in force, the limits, and the dates. It is the document a landlord or client accepts as proof, because reading a full policy is impractical. If your contract names a specific limit or asks to be added as an additional insured, that has to be arranged on the policy itself before the certificate can say so.

What drives the price of business coverage?

Your industry first — the same limits cost very differently for a bookkeeper and a roofer. After that: annual revenue, how many people you employ, your claims history, the limits and deductibles you choose, and where you operate. This is why business coverage has no published price list the way a consumer policy nearly does; two similar-looking firms can be rated quite differently.

Ready to cover your business?

Be first in line when we launch — leave your email and we’ll let you know the moment quotes go live.

Get early access