BrokerLink is proud to offer comprehensive business insurance to fit your needs. Calgary Chamber members also qualify for exclusive discounts on their personal home and auto insurance. Bundle your policies to be eligible for additional savings*.
Many individuals don’t know how their business should be insured unless they’ve spoken to an insurance advisor directly. At BrokerLink, it’s their job to ensure you understand your insurance needs. Therefore, they’ve provided some information below to explain what business insurance is and what it covers.
What is Business Insurance?
Business Insurance is coverage that provides certain protections for your business in the event of a claim. You face a variety of risks and having the right business insurance plan offers protection against those risks. Business insurance is completely separate from your personal insurance such as car or home insurance.
The right Business Insurance:
Commercial General Liability
Accidents can happen and it’s important to ensure you have coverage for common risks, such as a customer getting injured, or damage to a customer’s property. For example, if a client slips and falls on your premises and sues you. To learn more about commercial general liability insurance click here.
Provides coverage for loss or damage to the physical assets of your business, such as your property, stock, and equipment. If you run your business from home, it’s still important to purchase business insurance, as home insurance policies don’t cover business-related loss or damages. To learn more about commercial property insurance click here.
As a Business owner who uses their vehicle for business purposes, the costs from a claim you incur whilst conducting business activities may not be covered by your personal auto policy. A commercial auto insurance policy is required to cover costs of unexpected events, such as an accident, if it occurs during or due to business operations. To learn more about commercial auto insurance click here.
Also known as errors and omissions insurance. This coverage provides financial protection in the event of a lawsuit based on negligence, errors, or mistakes allegedly made by you while providing professional services. For example, a client is not satisfied with the products or services you have provided them and decides to sue. To learn more about professional liability insurance click here.
As a business owner your focus is to build trusting relationships with your clients and customers. BrokerLink advisors are just like you in that respect. Their focus is to take care of all your insurance needs by providing you and your business comprehensive coverage and ensuring that they have your trust to protect what is important.