Use our Coverage Coach tool to answer a few short questions. We’ll explain what specific coverages can help keep your business safe from loss. You can also speak to an advisor over the phone or request a callback from us.
Small business insurance is an essential part of your business’ toolkit. Having the right insurance coverage in place can help you safeguard your future, regardless of where you operate in Canada. Without the right protection, one sudden accident could dismantle all of your business’ accomplishments. Setbacks are costly, so make sure you have the comprehensive insurance coverage that you need.
What kind of insurance do you need?
Every small business has individual traits and sets of challenges, which means each one requires a unique set of insurance coverages. Things like your business’ revenue, contents, and location all help determine the type of coverage your business needs. If you’d like to learn more about what kind of coverage your business may need, answer a few online questions. Here are a few of the coverages that TruShield offers to help keep your Alberta-based business safe.
General liability, also known as commercial general liability or CGL insurance, is the backbone of every small business insurance policy. General liability insurance is designed to protect your business if it’s found legally liable for injury or property damage to a third party. For example, if you own a retail store, and someone slips while walking up the steps to the door and hurts themselves, you could face a costly lawsuit. Or, if you’re a contractor, and you damage a customer’s kitchen while installing a set of new cabinets, you could be on the hook for any resulting costs. These are instances where you would look to your general liability coverage for protection.
No matter where you operate your business, you should consider having a commercial property insurance policy to protect it. It’s important that the building itself and everything inside, including electronics, furniture, and inventory, are insured if you suffer a loss. Outdoor aspects on your property need protection as well, including signs, fences, and greenery. While small business owners can do a great deal to mitigate their risks, sometimes things are out of your control, including fires, floods and vandalism. Commercial property insurance can help with repair or replacement costs resulting from such events, and help you get back to business quickly.
Does your business use equipment for its daily operations? Whether you use tools of the trade for landscaping or an electrical oven to bake delicious cupcakes, your equipment is often the cornerstone of your business operations. It’s important to ensure that your equipment is protected from external damages and risks. Equipment breakdown insurance can help you cover repair or replacement costs when your equipment gets damaged. This will help you get your business operations up and running right away without a hitch.
Do you use a vehicle for your daily business operations? If you have a separate work vehicle or you use your own personal car for business purposes, you need a commercial auto insurance policy to protect you and your business. Many small business owners think they’re protected under their personal auto insurance policy, but this is often not the case. For example, if you deliver homemade desserts to your customers, your personal auto insurer may not cover the damages if you get into an accident, as you’re using your car for business purposes. Whether you drive from site to site with contracting equipment, deliver personalized bouquets, or train new drivers, commercial auto insurance is an essential asset for protecting your business and your bottom line.
Want to get started protecting your small business?
Why should you choose TruShield to protect your small business in Alberta?
Getting coverage with us is quick and easy.
How much is business insurance in Alberta?
The cost of small business insurance in Alberta is based on multiple factors, including:
- Industry of your business and risk factors associated
- Insurance and claims history
- Location of your business
- Number of employees
- Age of the business
And a number of other things.
How do you buy small business insurance in Alberta?
One way you can buy small business insurance is online with us. It’s quick and simple. In fact, you can get a quote online in minutes. If you like the price of the rate we quote you, then you can purchase your policy online with a credit card. It’s really that easy!
We give you more than just an insurance policy.
Risk Management Assist: Every TruShield customer has unlimited telephone access to our team of Risk Services specialists. They can help guide you through any questions or concerns you may have about the risks your business faces, and how you might help prevent losses.
Trauma Assist: Suffering a loss to the business you’ve worked so hard to build is not an easy experience. Our Trauma Assist service is designed to help owners and employees cope with the emotional effects of a covered loss.
Legal assist: Legal situations can be complicated and difficult to understand—we’re here to help with that. TruShield customers have unlimited telephone access to general legal advice to discuss legal matters related to your business.
We’re as flexible as you need us to be.
Dealing with a disaster at 3 a.m.? We can help with that. TruShield offers 24/7 claims service to ensure we’re there for you when you need us most. We make settling claims fast, simple, and stress-free.
Is your business growing? That’s awesome, but so should your coverage. If you need to update your coverage at any point during your term, just give us a call and we’ll walk you through the process. Unsure when you should update your policy? We can help with that too. You can also cancel your policy at any point with no early termination fees.
How would you like to pay? If you’d prefer to pay for your policy all at once, that’s great. If you’d prefer to pay in installments, we can do that too! We also offer 0% interest and we’ll even accept payment by credit card.
Popular cities in Alberta for small businesses:
- Red Deer
- Grand Prairie
- Medicine Hat
- Wood Buffalo