Commercial Insurance for Ontario Businesses
Every business is unique. Whether you’re operating a large corporation or are a small business owner, it is important to consider business insurance solutions tailored to your needs. Our team of experienced trusted advisors focuses on truly understanding your business to provide comprehensive business insurance coverage, so you can rest easy and focus on your business. We believe that a strong business insurance policy is the foundation of any successful enterprise.
Businesses come in all shapes and sizes, and so does business insurance in Ontario. No matter what industry you are in, our policies for commercial insurance in Ontario provides coverage that protects your small business operations, your property and assets, and your peace of mind. When you work with our insurance company, you will find that we are dedicated to helping you save money while getting the best protection. We want every client to feel secure in their choice of insurance policy. It’s crucial for every small business to consider business insurance as a key part of their financial planning, as unforeseen events can lead to significant business loss.
Experience you can count on… that’s the Roughley Advantage.
Commercial Insurance Coverage in Ontario
Roughley Insurance Brokers goes beyond the service levels of a typical brokerage to be your strategic partner in risk management. Our experienced and dynamic team have expertise across a wide range of industries and are driven to understand the intricacies of your small business to ensure you get the peace of mind you deserve. We make it easy to get a quote for your business insurance. We have many examples of how our coverage has protected Ontario businesses.
As a client-first brokerage, we navigate the complexities of the insurance market on your behalf, ensuring that you can focus on what matters most—growing your business. Our goal is to be the best insurance company for your personal and commercial needs.
Explore the unparalleled protection that comes with Roughley Insurance Brokers, where your success is our priority. Meet the team and see what makes us different today. We are the insurance company you can trust.
Types of of Business Insurance Policies in Ontario
Be sure that the safety and security of your employees is protected. Our qualified brokers are able to provide the car insurance you need to cover all your commercial vehicles...
Engineers play a crucial role ensuring the planning, design and implementation of a project goes to plan. A comprehensive business insurance policy is vital for this high risk profession...
As a contractor, you know that it pays to expect the unexpected and that incidents like accidents or theft are completely unpreventable. It's wise to consider business insurance, specifically contractors insurance, to protect your livelihood...
As a business owner, data can be one of the most important assets to your business. Risks include privacy leaks, fraud and data breaches. Our business liability insurance can help prevent major business loss...
Canada is a four-season country, and Canadians like to make the most of the great outdoors every season. We know that you want to get the right insurance coverage to protect your farm from business damage...
Business Insurance and advice you can count on. You have invested time, energy and significant financial resources into getting...
The Signature Golf insurance program has been created specifically for golf course owners and operators. It was designed by the best and provides excellent liability insurance...
If you are a member at a one of our local (Durham Region) Boards of Trade or an employee of Durham College, you may have access to group insurance quotes...
A surety bond is a financial guarantee that ensures one party (the principal) will fulfill their contractual obligations to another party. This is a common requirement for many business contracts...
A surety bond is a financial guarantee that ensures one party (the principal) will fulfill their contractual obligations to another party...
Other Coverages
Liability Insurance
Protect your small business from potentially damaging legal claims and lawsuits related to property damage, bodily injury or advertising mistakes. The types of liability insurance available are typically:
- General Liability
- Umbrella Liability
- Tenant’s Legal Liability
- Event & Sports Liability
- Environmental Liability
- Directors & Officers Liability
- Professional Liability
Cyber Liability Insurance
Safeguard against cyber-attacks and associated legal expenses. This type of business insurance is becoming increasingly important to have, given that almost half of all Canadian businesses were affected by Cyber threats last year. Cyber insurance coverage can be less expensive than you might think and our team is experienced to help you make sense of your options. You can get a quote for this essential insurance policy today.
Professional Liability
Protect your small business from professional errors, omissions and negligence. This type of liability coverage is typically excluded under commercial general liability and must be purchased separately. We have a wide array of options for E&O liability, that often out-competes group plans or other carriers. It is crucial for any small business offering professional services to consider business insurance of this type.
General Business Liability
Commercial General Liability Insurance (CGL), is insurance coverage that will protect your business if you are sued, and it is most often used to offset the cost of claims against your business. This is a fundamental part of any business insurance policy.
Protect your small business from potentially damaging legal claims and lawsuits related to property damage, bodily injury, or advertising mistakes. This is why you need to consider business insurance.
Commercial Umbrella or Excess Liability
In addition to your Commercial General Liability, you can increase your limits by purchasing umbrella coverage. For additional insurance coverage, in the event of a claim, excess liability insurance will provide you with additional coverage over your primary commercial policy. Some industries have a high potential for large claims, making this essential.
Commercial Auto Insurance
Commercial auto insurance provides insurance coverage for vehicles used for business purposes in Ontario. This business insurance protects small businesses from financial losses associated with accidents, injuries, or property damage involving company-owned vehicles. It is essential to ensure that businesses and their drivers are adequately protected while on the road for work-related activities. To get the right protection, you should get a quote from a reliable insurance company.
- Commercial Auto insurance
- Fleet insurance
- Light or heavy truck insurance
- Auto Garage Insurance
Be sure that the safety and security of your employees is protected. Our qualified brokers can provide the insurance coverage you need for individual autos, fleet, and commercial vehicles. Come to where our years of experience and our broad range of products team up to give you that protection required. We offer competitive insurance quotes for your car insurance.
Bonding
Be sure your clients feel secure in their dealings with you! If you are required to work within restricted and security-sensitive areas, you can offer the expected assurances. Let our experts guide you through the necessities, legal requirements and benefits of bonding. A smart business decision.
Business Interruption
Ensure your income stream continues even when your operations are disrupted due to covered events. This insurance coverage is available in many forms including loss of earnings up to coverage until the business is again profitable following a covered loss. Extra expenses and loss of rental income are also available.
Contractor’s Insurance
Our Contractor’s Package protects against such problems as property damage, equipment breakdown or a customer injured at the job site. Additionally, this package program can help you pay your expenses when you can’t work, or your small business is shut down due to events beyond your control. This is a vital insurance policy for any contractor.
Our general contractor insurance packages include:
- Property insurance – protection for your building, tools and equipment.
- Equipment insurance – insurance coverage for the repair or replacement of tools and machinery
- Equipment breakdown insurance – protecting you in your equipment is damaged by a power surge, mechanical breakdown, burnout or operator error.
- Bodily injury and property damage liability – liability insurance for situations when your employees, your products or your services have caused harm or damage to other people or their property.
- Business income coverage – insurance coverage for financial losses incurred when you must stop work due to a covered loss
Are you a member?
Getting the insurance coverage you need has never been easier, and members of the Durham Region Home Builder’s Association are eligible for additional group discounts. Contact us to learn more and get a quote.
Farm Insurance
There are few industries so intimately tied to nature as farming, and it is an industry that is vitally important to every person on this planet. But recent events like fires, windstorms and ice storms have shown how vulnerable the farm businesses are, and how important it is to plan for the unexpected. While major natural disasters may trigger government programs, recovering from events that only affect your businesses is likely to depend upon you and your insurance company.
As with any risk management strategy, farm insurance policy coverage is only useful if you review and plan for your insurance coverage before you need it. Reading your policy after an unfortunate event has occurred will confirm the coverage you have – but it will be too late to make important changes. Every client should feel they have the right insurance policy.
A farm insurance policy can provide coverage for:
- Dwellings and personal property
- Farm buildings
- Produce
- Livestock
- Machinery and equipment
- Liability insurance
- Business Interruption
Business Interuption
Ensure your income stream continues even when your operations are disrupted due to covered events. This insurance coverage is available in many forms including loss of earnings up to coverage until the business is again profitable following a covered loss. Extra expenses and loss of rental income are also available.
Frequently Asked Questions About Business Insurance
How important is Business Interruption Insurance?
Business interruption insurance is crucial as it provides insurance coverage for lost income and additional expenses if your small business is forced to close temporarily due to a covered event, such as fire or natural disaster. This insurance coverage helps ensure financial stability during the recovery period. It's a key part of a comprehensive business insurance policy.
What types of businesses opt for Cyber Liability Insurance?
Cyber liability insurance is essential for businesses that handle sensitive data or operate online. It protects against financial losses resulting from data breaches, cyberattacks, and the associated legal and regulatory consequences. Given the increasing threat of cyber risks, this business insurance is vital for safeguarding your small business. You can get a quote to see how affordable this protection can be.
How does a broker help with the personalization of business insurance?
To tailor your business insurance to your unique needs, we identify specific risks associated with your industry and operations, choose insurance coverage limits that align with your business size, and explore additional coverages based on your unique risks. Regularly review and update your insurance policy to ensure it evolves with your changing business landscape. We want every client to find the perfect policy.
How much is commercial insurance in Ontario?
The cost of commercial insurance in Ontario varies widely depending on several factors. The specific needs and characteristics of your small business play a significant role in determining the premium you’ll pay. Some factors that influence the cost of commercial insurance include:
- Industry Type: Different industries have varying levels of risk, affecting insurance premiums. For example, a construction company may face different risks than a retail business.
- Business Size: The size of your business, including the number of employees and annual revenue, can impact insurance costs. Larger businesses may have higher premiums due to increased exposure.
- Location: The geographical location of your business can affect insurance rates. Urban areas may have higher premiums due to factors like increased crime rates and higher property values. A home-based small business will have different needs.
- Coverage Needs: The type and amount of insurance coverage you require will directly influence the cost of your insurance. Comprehensive insurance coverage with higher limits will result in higher premiums.
- Claims History: A history of previous claims can affect your insurance quotes. Businesses with a track record of frequent or severe claims may face higher premiums.
- Risk Management Practices: Insurers may consider business insurance applications more favorably if you have robust risk mitigation strategies, which can potentially lower your premium.
- Type of Insurance: The specific types of commercial insurance you choose, such as general liability, property insurance, professional liability, or cyber liability, will impact your overall insurance costs.
Given the variability of these factors, it’s recommended to obtain insurance quotes from different insurance providers to understand the range of costs associated with commercial insurance for your specific business. Working with an experienced insurance broker can also help you navigate the complexities of commercial insurance and find the most suitable insurance coverage at competitive rates. We can help you save on your insurance policy.
What’s the difference between General Liability and Professional Liability Insurance?
General liability insurance covers bodily injury, property damage, and personal injury claims against your business. Professional liability insurance, on the other hand, protects against claims related to professional errors, negligence, or inadequate services, often specific to professional services or advice provided by the business. It's important to consider business insurance that covers both if you need them.
How important is Business Interruption Insurance?
Business interruption insurance is crucial as it provides insurance coverage for lost income and additional expenses if your small business is forced to close temporarily due to a covered event, such as fire or natural disaster. This insurance coverage helps ensure financial stability during the recovery period. Don't wait to get a quote for this essential insurance policy.
Get the Roughley Advantage
Contact our Roughley Farm Insurance brokers who specialize in agricultural insurance. We can assess your unique needs and customize insurance packages that offer comprehensive protection based on the specific type of farm and activities involved.
Areas We Serve
Connect in Oshawa
- 1000 Simcoe Street North Oshawa, Ontario L1G 4W4
- 905.576.7770
- insure@roughleyinsurance.com
Connect in Bowmanville
- 31 King Street West Bowmanville, Ontario L1C 1R2
- 905.697.4257
- insurebowmanville@roughleyinsurance.com
Connect in Port Perry
- 269 Queen Street, Port Perry, Ontario L9L 1B9
- 905.697.4257
- insurebowmanville@roughleyinsurance.com
Get a Quote
We’ll find you the right coverage.
Roughley commercial clients may qualify for special discounts on your home & auto.
