Prince Edward Island Business Liability Insurance
Prince Edward Island is Canada’s most densely populated province and home to many small businesses .
In Prince Edward Island, Liability Insurance is crucial to protect your business against risks of property damage or liability claims.
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What is Prince Edward Island Business Liability Insurance?
Prince Edward Island Business Liability insurance protects business owners from losses due to unforeseen events that may occur during normal business operation such as property damage, errors or injuries. There are many types of insurance for businesses that protect them according to their industry, size and revenue. Some of these types include general liability insurance, errors and omissions insurance or directors & officers liability insurance.
Who needs Business Liability Insurance?
Regardless of your business type, owning insurance is critical for the long term survival of any business. Make sure get coverage for the financial costs associated with unforeseen events such as damage caused to 3rd parties, accusations of professional negligence or defective products.
According to Canada Business Statistics, British Columbia is home to ~185,000 businesses of which 98% are small businesses.
Small businesses are especially susceptible to risk, and due to their limited financial resources, they are exposed to potential bankruptcy unless they have the right business insurance.
What is the cost of PEI Business Liability Insurance?
The cost of an insurance policy varies according to factors such as:
- Level of experience in the industry
It also depends on the nature of your work and the size of your particular business.
Getting insured is quick and easy!
If Prince Edward Island Business Liability Insurance is what you need, request a free quote now
Largest PEI Cities for Small Businesses
The economic power of PEI is the results of its cities. These are PEI’s largest cities:
Our PEI location:
Serving the Prince Edward Island small business community.
65 Grafton Street, Charlottetown, PE, C1A 8B9
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