Business insurance in Ontario
Business insurance built around how you actually work
From liability and property to cyber and professional risks, a broker helps you find the coverage your business and your contracts call for.
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Business insurance protects a company from the financial impact of claims, damage and interruptions. Common coverages include commercial general liability, commercial property, professional liability, cyber, business interruption and commercial auto. Any business that serves customers, holds equipment or signs contracts may need it. What you need depends on your industry, your size and what your clients, landlord or lender require, so it is best to talk it through with a broker.
Built around your operations
A broker learns how your business works, what you own and what you promise to clients, then recommends coverage that fits.
Contracts and requirements
Landlords, clients and lenders often set minimum coverage. A broker helps you meet them and provide certificates of insurance.
Grows with your business
New staff, equipment, locations or services change your risk. A broker helps keep coverage current.
What business insurance can cover
Most businesses combine several coverages. These are the main ones.
Commercial general liability
Responds to claims that your business caused bodily injury or property damage to others, and helps with legal defence costs.
Commercial property
Covers buildings you own or contents, equipment and inventory against covered losses such as fire, theft or certain water damage.
Professional liability
Also called errors and omissions. Helps if a client says your advice or service caused them a financial loss. Ask your broker how the limits and conditions apply to you.
Cyber insurance
Can help with costs after a data breach or cyber incident, such as response, notification and certain recovery expenses, depending on the policy.
Business interruption
Helps replace lost income and cover continuing expenses if a covered loss forces you to stop or reduce operations. Ask your broker how the limits and conditions apply to you.
Commercial auto
Covers vehicles used for business, which personal auto policies may not. Tell your broker how vehicles are used, including delivery or carrying tools.
Ready when you are
Tell a broker what you need and get a clear answer, free and with no commitment.
Who business insurance is for
Small business owners and shops
Customers, stock and equipment bring risks that a personal policy does not cover.
Consultants and professionals
If clients rely on your advice or work, professional liability helps address claims about mistakes or omissions.
Contractors and trades
Working on client sites and with tools or vehicles raises liability and property questions that are best handled with a broker.
Online and tech businesses
Customer data, payments and online services bring cyber exposure that traditional policies might not address.
What changes your business insurance price
Commercial pricing is individual. These factors usually matter most.
Industry and activities
What you do and how risky it is influence both what coverage is available and what it costs.
Size and revenue
Revenue, payroll and number of locations help insurers estimate your exposure.
Property and equipment
The value of what you own, and how it is protected, affects property coverage and price.
Claims history
Past claims and your risk controls, such as safety practices and security, can influence what insurers offer.
Limits, deductibles and contracts
Higher limits and lower deductibles cost more. Contract requirements may call for specific limits or wording.
What people often assume is covered but is not
Workers' compensation, which is separate and handled through the WSIB rather than your commercial policy.
Business activities under a home insurance policy, which usually does not cover business property or liability.
Cyber incidents under a general liability policy, since cyber risks usually need their own coverage.
Professional mistakes under general liability, because errors and omissions is a separate coverage.
Business vehicles under a personal auto policy, which may exclude commercial use.
Losses from wear and tear, poor maintenance or events your policy specifically excludes.
Always check your policy wording; a broker can explain what applies to you.
How it works
Tell us about you
Share a few details in under five minutes. No payment, no commitment.
Compare clear options
See what each option covers and what drives the price.
Confirm with a broker
Your broker checks everything with you before anything is bound.
Frequently asked questions
It depends on your industry, size and contracts. Many businesses start with commercial general liability and property, then add professional liability, cyber, business interruption or commercial auto as needed. A broker can review your operations and recommend a sensible starting point.
Some coverages are required in specific cases, for example commercial auto for business vehicles, or workers' compensation through the WSIB for many employers. Landlords, clients and lenders also often require coverage by contract. Ask your broker what applies to you.
General liability responds to bodily injury or property damage you cause to others. Professional liability, or errors and omissions, responds to claims that your advice or services caused a financial loss. Businesses that provide advice often need both. A broker can walk you through the details for your situation and answer any follow-up questions.
If you store customer information, take payments or rely on online systems, a cyber incident could be costly. Cyber insurance can help with response and recovery costs. A broker can explain what your business may be exposed to and what policies include.
Often not. Home policies typically limit or exclude business property and business liability. If you run a business from home, tell your broker so they can arrange the right coverage for the business.
Request a call with a commercial broker. They will ask how your business operates, what you own and what your contracts require, then explain your options in plain language. There is no obligation to buy.
Let us look at your business together
Tell us about your business and a broker will contact you to explain your options and answer your questions.
This page is general information, not advice, and rules change. Coverage, eligibility and terms depend on the insurer and your situation, so your broker confirms what applies to you. Reviewed October 2026.