Commercial Property Insurance
Commercial Property Insurance
Protects your business’ physical assets including building, equipment, furniture, and inventory.
There are 2 types of Commercial Property Insurance: All Risk Insurance and Named Perils Insurance
All risk business insurance covers any incidents stemming from an insured peril that is not specifically excluded in your insurance policy. For example, if your policy doesn’t specifically omit coverage for a certain peril, you are covered!
Named perils insurance will only cover the losses stipulated in the commercial property insurance policy.
Can’t choose which one is best for your business? Call us today at 514-881-8885. Our team of licensed commercial insurance brokers will walk you through all your options and help you choose the best fit for your business.
What is included in an all risk commercial property insurance policy?
All risk commercial insurance protects every inch of your business, regardless of if you own a building, work from home, or are renting an office space. You spent so much time and money in your business, don’t let it all go to waste without the proper insurance.
● Loss or damage of equipment or inventory due to fire, theft, or vandalism
● Building damage due to fire, theft, vandalism
● Damage to exterior fixtures such as fences and signs
● Accidental breakdown of equipment (electrical, mechanical, electronics, computers)
● Loss of income due to an insured loss
Additional Commercial Property Insurance Coverages!
Sewer Backup
Your personal belongings are covered against sewer leaks, accidental backups, and overflow.
Groundwater & Sewer Backup
Especially important when you live in Quebec, this covers you against sewer backup issues as well as damage caused by groundwater seeping through your foundation.
Overland Water Backup
Covers you in the event of damage caused by fresh water (rain, melting snow, spring run-off, etc.)
Hail Coverage
Hailstorms tend to catch us by surprise. Insure your home for any damages directly caused by a hailstorm.
Earthquake Coverage
This optional home insurance coverage protects you against damage caused directly or indirectly as the result of an earthquake.
Get Affordable Commercial Property Insurance with the Right Discounts!
Alarm System Discount
Get peace of mind and more money in your wallet by equipping your property with a central fire and theft alarm system. You can save up to 15% on your home insurance!
Multiple Residence Discount
Whether it’s a vacation house, apartment, or condo, the more properties you ensure, the more additional discounts you’re eligible for!
Bundling Discount
If you insure your commercial vehicles and properties with the same insurance company, you can get up to 20% in combined savings!
Leak Detection System Discount
You can save upwards of 10% on your commercial property insurance if you have a leak detection system installed!
Mortgage Free Discount
Have you finished paying off your mortgage and have not borrowed against your commercial property? This discount can save you up to 10% on your business property insurance!
Claim Free Discount
A claim-free record can save you a lot of money in the long run! Our insurance brokers will let you know if you qualify for a claim free discount!
SPEAK WITH AN INSURANCE BROKER