Commercial Insurance Alberta
It may not come as a surprise that ‘Commercial Insurance Alberta’ is one of Canada’s most popular business insurance search terms right now. That’s because organizations in the province – which has seen remarkable economic activity over the past few decades – need to protect themselves with commercial insurance. As the Albertan economy churns along, entrepreneurs starting new businesses need to take a careful look at the advantages of acquiring commercial liability insurance.
Why does my Alberta business need commercial liability insurance?
Under the law, businesses in Canada owe a duty of care to the public, no matter their type of operation. This means it’s entirely possible that any business, big, small, or somewhere in between, could be accused of breaching a duty of care wherein damages and/or injuries have been incurred.
Protecting your business from disasters in Alberta
Your business needs commercial general liability insurance and it also needscommercial property insurance because you need to be able to maintain your operations in the event of an emergency.
What kind of emergency, you ask?
It can vary – for example, if inclement weather like a storm, flood, or forest fire affected your business, you’d need a business interruption coverage plan, which commercial insurance Alberta can help provide, to ensure you’re not shouldering the heavy cost of repairs while also trying to accommodate your customers. Alberta businesses often face having to manage their share of the astronomical cost associated with recovering from wildfires, so it’s critical that your business be prepared with the best commercial insurance available in Alberta.
In any case where your business has suffered significant property damage, interruption coverage through commercial insurance can help get you and your business back on track.
Be prepared for online security threats
It’s not just physical threats to your business that you need to protect against. These days, the threat of a cyber crime attack is higher than ever before, with a growing number of businesses facing significant losses – in revenue, time, and sensitive data – resulting from cyber attacks.
That’s why a growing number of Alberta businesses are acquiring cyber liability insurance to ensure they’re protected in the event of an online invasion of their information.
Coverage for court costs
Should a business operation sustain property damage or inflict property damage or bodily injury on a third party, those in the business may find themselves in court. Spending time away from the workplace to manage a court case can be costly in many ways, which is why it’s vital that an Alberta business have the right and best commercial insurance protection specifically crafted for their operations.
These are just some of the great reasons to search commercial insurance Alberta and to contact an ALIGNED Insurance broker. ALIGNED can help you understand the risks that most apply to your business and build a policy that meets the specific needs of your organization. Reach out to ALIGNED today to get your free commercial insurance quote.