Professional Liability (Errors and Omissions) Insurance
Protects your business against liability claims arising from professional services or advice your business provides
Commercial Auto Insurance
Auto insurance for vehicles used by your business for commercial purposes (transporting employees, tools, clients, or products)
Commercial Property Insurance
Insurance coverage for your business’s physical property (offices, storage units, etc.)
Provides you with coverage against losses arising from a cyber-attack or data breach
Product Liability Insurance
Protects your business against liability claims related to products you manufacture or sell
Commercial General Liability Insurance
Coverage against third-party liability claims resulting from injuries or property damage caused by business operations
Not all businesses will need the same insurance coverage; for example, product liability insurance is unnecessary for a consultancy firm. The cost of Commercial insurance for your business will also vary based on many factors, including your business size, location, and other specifics that determine its risk level.
Looking for a commercial insurance broker in Beaumont to help you find affordable, reliable coverage for your business? Access Insurance Beaumont has years of experience with helping Beaumont businesses thrive and mitigate risk, and we can do the same for you.
In the event of a covered loss, a deductible is an amount that you, the insured, have to pay out of pocket before you get compensated by your insurance provider.
You can decide on the deductible amount when purchasing your policy, and it’s generally recommended that you choose an amount that you’re confident you can afford.
It’s not a good idea to just buy the cheapest insurance you can find, because an unusually low price is an indicator that you’re underinsured. That being said, there are ways you can lower your insurance premium, like avoiding minor claims, increasing your deductible, or bundling several policies together.
In Beaumont and all of Canada, auto insurance is mandatory. Other types of insurance, like home or commercial insurance, are not mandatory, although in many ways they are essential. Lenders often require home insurance, and many businesses or clients may refuse to partner with uninsured or underinsured businesses.