Insurance Archives | Page 20 of 32

What Is Co-Insurance and How Does It Affect Business Property Insurance?

By Alexandria Anthony|February 2nd, 2024|

Co-insurance is an agreement between you and your insurance company. It’s a part of your insurance contract where you agree to maintain your property coverage limit up to the total value to replace it. If you don’t, it can cost you thousands of dollars. Here’s how to avoid that scenario.

Renovating Your Business? Here’s Why You Need to Cover Renovations

By Aharshan Thangarasa|January 29th, 2024|

Undertaking any commercial renovation project requires a significant investment. A common mistake many business owners make is overlooking the need to insure the renovations. Neglecting to do so can be costly. Here’s how insurance can help cover your building’s makeover.

11 Reasons Why a Business Insurance Claim Could Be Denied

By Liam Lahey|January 26th, 2024|

Sometimes, an insurance company may deny a claim. Here are 11 common reasons why that can happen and what to do if it happens to your small business.

10 Business Insurance Claims We Saw in 2023

By Liam Lahey|January 19th, 2024|

For some professionals or business owners, buying business insurance is a legal or regulatory requirement. For others, it is not. Either way, it’s wise to do so. Here are 10 real-life reasons why you should.

Will the Bank of Canada Cut Interest Rates in 2024?

By Liam Lahey|January 17th, 2024|

The Canadian central bank’s first interest rate decision and announcement of 2024 is hotly anticipated. Will the Bank of Canada announce an interest rate hike, cut, or will it hold its rate steady? Here’s how each possibility may affect small businesses.

What Is Commercial Crime Insurance?

By Brandon Bowie|January 15th, 2024|

According to data, 75% of employees admit to stealing from their workplaces at least once, and 64% of small business employees pinch or lift funds from their employers. That’s costing Canadian businesses between $1.4 billion and $2 billion annually. Here’s how insurance can help.

Do You Need Business Insurance for Your Side Hustle?

By Alexandria Anthony|January 10th, 2024|

Surviving in a tight economy or increasing your income requires more than launching a side hustle. It also requires protecting your finances. Here's how you can do that.

How and When to Switch Insurance Companies in 3 Easy Steps

By Jon Hogg|January 8th, 2024|

Exploring your options for switching insurance providers to get better coverage and possibly save money on your annual premium is worthwhile. Here's how you can do that.

What Does Optional DCPD Commercial Auto Insurance Mean for Ontario Businesses?

By Yassin Elsayed|January 5th, 2024|

Ontario’s insurance regulator has reduced the number of mandatory coverages required in a commercial auto insurance policy by making Direct Compensation-Property Damage (DCPD) optional. Here’s what it means if you opt out of DCPD coverage for your business vehicles.

What Is Care, Custody, and Control in Insurance?

By Ryan Insalaco|December 15th, 2023|

A care, custody, and control exclusion is noteworthy because it outlines what is not covered by your policy and applies to many types of insurance. Here’s what you should know.