Compare and purchase Canada's best business insurance.

Most businesses in Canada need at least a Commercial General Liability (CGL) policy. This essential coverage helps protect you against third-party claims involving property damage or bodily injury. 

Additional coverage options may include protection for tools and equipment, inventory or stock, and income loss due to business interruption. You can also add coverage for crime and employee theft, as well as specialized protection for machinery and boiler systems. 

Every business is unique.  A Surex advisor can help you explore the different types of business insurance so you can choose the right coverage for your industry and needs. 

If your business provides professional advice or services, errors and omissions (E&O) insurance is highly recommended. This type of coverage protects you if a client claims your advice or work caused them financial harm, even if the claim is unfounded. 

Professionals such as consultants, advisors, advertising agencies, and healthcare providers are especially vulnerable to legal action if a service or recommendation falls short of expectations.  A Surex advisor can help you determine whether E&O insurance is the right fit for your business. 

A premium is the amount you pay for your business insurance policy, usually on a monthly or annual basis. A deductible is the amount you are responsible for paying out of pocket when you file a claim before your insurer covers the remaining costs. 

Choosing a higher deductible typically results in a lower premium.  Just be sure the deductible is an amount you can comfortably afford in case you need to make a claim.

Most small business owners should consider commercial insurance. If your business involves property, equipment, or employees, having the right coverage is essential. 

Commercial insurance can protect your building, fixtures, and tools, as well as cover employees who become injured or ill on the job.  It can also provide protection for business-related vehicles and help ensure your operations stay on track if something unexpected happens.

The cost of commercial insurance can vary significantly depending on the size of your business, the industry you operate in, your location, and the types of coverage you need.  Factors like your claims history, number of employees, and the value of your equipment or property also play a role. 

Because every business is different, it’s best to speak with a licensed advisor who can compare quotes and help you find coverage that fits your budget and protects your operations. 

Comparing business insurance rates helps ensure you get the best coverage at the right price. Whether you run a small, medium, or large business, you're exposed to a range of risks, which is why comprehensive protection is essential. Shopping with multiple providers allows you to find the policy that fits your unique needs. 

At Surex, we make the process easier by comparing quotes for you. Here are a few tips to help you get started: 

• Review your business risks: List potential liabilities or losses, such as property damage, vehicle use, and essential equipment.
• Separate personal and business needs: Personal insurance won’t cover damage related to commercial activities.
• Explore ways to reduce premiums: Consider strategies like increasing your deductible or bundling policies.
• Speak with a licensed advisor: A Surex advisor can help you find a policy that fits your business and budget. 

Having the right insurance coverage is essential for protecting your operations, assets, and employees. Here are a few key reasons why your small business needs insurance:  

• Keep things running smoothly: Business interruption coverage can help you recover lost income if your operations are temporarily shut down. 
   
• Protect property: Insurance can cover physical assets like buildings, equipment, and inventory from damage or loss. 
   
• Ward off cyber crime: Cyber liability coverage helps protect against data breaches, hacking, and online threats.
  
• Cover legal costs: Liability insurance can cover legal expenses if your business is sued for property damage, injury, or negligence. |
   
• Support your team: Workers’ compensation protects your employees if they’re injured on the job. 
   
• Protect business vehicles: Commercial auto insurance is essential if your company owns or operates vehicles. 

Yes. Even if you run your business from home, you still need commercial insurance. A standard home insurance policy typically doesn’t cover business-related activities, equipment, or liability.  Whether you're freelancing, selling products online, or offering services, a tailored business insurance policy helps protect you, your assets, and your clients.

No, renters insurance does not typically cover business property. If you run a home-based business, you’ll need a separate business insurance policy to protect your equipment, inventory, and liability risks.  Combining renters and business coverage ensures both your personal and professional property are properly protected.

Insuring your business is easy with Surex. You can start by getting a free quote online or by calling our toll-free number at 1-855-242-6612. A Surex advisor will guide you through the process and help you find coverage tailored to your business needs.

No business is too small to insure. Whether you're a home-based photographer, independent consultant, contractor, beauty specialist, or run an online shop from your basement or garage, Surex can provide the coverage you need.