Get a quote

×

Join Our Distribution List Today!



×
Need help managing your business risks during COVID-19? – CLICK HERE FOR INFO YOU CAN USE
ALIGNED Insurance

Call Toll Free
1-866-287-0448

Insurance For Your Online Business In Canada

Insurance For Your Online Business In Canada - ALIGNED Insurance brokers
ALIGNED Insurance Quote
Want commercial insurance? Click HERE to get a free insurance quote now!

Small business 101 | Online risks? How e-commerce insurance can help.

About to pivot to 100% online? Growing your business with Shopify, Amazonebay, Etsy or Wayfair? Using Salesforce to target your clients? Delivering products with UberEats or Instacart? Building brand awareness with Zoom calls? Using Buffer, Hootsuite or Sprout Social to grow your social relationships? Keeping connected with remote employees via Slack? Creating your brand content using Canva or WordPress? Engaging potential customers on TikTok and Instagram?

Whew! You’re likely not only a bit stretched thin, but you’re also likely a small business owner in Canada.

As a result, you are most likely looking to the future and how to gain more clients, customers and marketshare. Above all, you are looking to grow. And that’s great. And according to Canadian Business magazine, you are not alone…

“Despite all the turbulence in 2020, there’s actually good reason to believe Canadian small and medium-sized businesses (SMBs) are poised for a turnaround.

According to the most recent Salesforce Small and Medium Business Trends Report, for instance, more than a quarter of Canadian SMBs, or 26 per cent, said they were optimistic about the future. This is even higher than the global average of 22 per cent.

Canadian Business: How Canada’s Small Businesses Can Create Resilient Futures

Shifting to online is trending. However, online risks are different than bricks and mortar risks. Therefore, this is why you need dedicated e-commerce insurance to address the specific risks of your online sales.

Canadian small businesses with e-commerce stores trust our experts to align their business with coverage that’s built to address online retail risks.

In short, we know how to help you manage your online risks with insurance that will respond when things go wrong.


Insurance For Your Online Business In Canada - ALIGNED Insurance brokers

Click to get a quote for online business insurance.
We help Canadian small businesses #getALIGNED now!


E-commerce 101 | What to know about selling online to Canadians and Americans

Are you already selling online? Or are you transitioning? During your shift to e-commerce, there are things you need to know about online retailing. We’ve brought together some current insights about online retailing coverage in Canada, the U.S. and around the world.

For example:

Q. If I sell to U.S. customers are Canadian e-commerce insurance policies enforceable?

A. Yes. In fact, your e-commerce policy can cover lawsuits filed in the US and Canada or just in Canada. In addition, a properly placed online retailer policy can include North American or worldwide territory clauses.


Insurance For Your Online Business In Canada - ALIGNED Insurance brokers

Click to get a quote for online business insurance.
We help Canadian small businesses #getALIGNED now!


Q. I understand that $1 million in Commercial General liability (aka CGL) is the standard for pro merchants. Is $1M CGL available in Canada and the United States?

A. Yes. We place CGL coverage for CDN, US and global online e-commerce sales. If you have Canadian legal entity or are a Canadian citizen with a Canadian mailing address.

Q. Lawsuits happen. So what will happen if I get sued in the U.S.?

A. Coverage for defence costs and settlements or judgments against you can be covered. While it’s rare that a Canadian small business e-commerce retailer is sued in the US, our policies cover U.S. lawsuits.

Q. Can I get e-commerce insurance everywhere in Canada?

A. Yes, with the exception of Québec, ALIGNED Insurance has licensing in all Canadian provinces.

Q. I’m a sole-proprietor. How does e-commerce insurance work for me?

A. To clarify, your policy can be placed under your personal name or your legal entity as a sole-proprietor.

Related Matters: How to get Amazon retailer liability insurance in Canada

ALIGNED Insurance

Insurance insights can make the difference between a risk exposure and a safe and secure sale. This is why we are constantly adding to our insurance blog. Talk to an ALIGNED Insurance broker about your e-commerce coverage for your small business now.


Click here to read what people are saying about ALIGNED Insurance Brokers
Click to read some recent Google reviews about ALIGNED Insurance brokers from our clients across Canada!

Already online with your small business? Keep reading…

Q. I work from home. What happens if my house catches fire? In other words, would my home insurance cover my e-commerce inventory?

A. All business activities and/or inventory stored in a home should be formally reported to your personal home insurer. If you run a business out of your personal residence and haven’t disclosed this to your insurer, the insurance company has the ability to deny your claim fully in some cases. 

In addition, evidence of separate commercial general liability and/or property insurance for your small business assets in your residence may be required.

Q. Is it legitimate if a Canadian business gets insurance from U.S.-based company and also uses a U.S. mailbox?

A. While it may be the case that some Canadian Amazon retailers are securing insurance outside of Canada, this is not recommended. Legitimate e-commerce insurance for a Canadian legal entity and/or sole-proprietor must and can only be purchased from a Canadian licensed insurance company. You can find out more info about this on the Insurance Bureau of Canada website.

In addition, e-commerce insurance must also be placed by a licensed insurance broker in the province where the client lives and/or the small business is incorporated in.


CALL ALIGNED Insurance
Need specifics about any of our commercial insurance products?
Call us toll-free now at 1-866-287-0448

Q. I sell a variety of products such as retail arbitrage, online arbitrage and wholesale – can I get e-commerce insurance?

A. Yes. Simply provide a breakdown of the annual revenue from each type, the products or product categories as well as the percentage split between your CDN, US and/or Global sales.

Q. What e-commerce insurance can I get for selling children’s toys online?

A. We need your specific responses to our Q&A and product testing documentation to secure e-commerce coverage options for children’s toys. This is because children’s toys are considered a high risk category and insurance premiums are higher for these types of products.

In short, if you need online business insurance, we can help

Whew! We understand that as a small business owner in Canada you are likely stretched thin. That’s why our insurance brokers will work hard to find you the best online insurance options for your small business.

To sum up, we can help you manage your online e-commerce risks with insurance that will respond when things go wrong. Contact us now to learn more.

Insurance For Your Online Business In Canada - ALIGNED Insurance brokers

We’re here to help you find the BEST commercial insurance…
Our team of insurance brokers is available to help answer any and all questions you might have about all of our commercial insurance products. If you have a question about business insurance, are uncertain about what a particular insurance coverage term means, or simply want to find commercial insurance that directly aligns with your needs, don’t hesitate to call us toll-free at 1-866-287-0448.

It’s time to get your insurance aligned. Want Canadian business insurance that’s ALIGNED with your bottom line? We can help. 365. Call us toll-free at 1-866-287-0448.

We’re ALIGNED across Canada. The ALIGNED Insurance National Operations Centre in Cambridge, Ontario supports our Toronto, Calgary and Vancouver offices. We’re proud our industry peers consistently recognize ALIGNED Insurance as one of the best insurance teams in the country. We are also very proud to be one of the fastest growing insurance brokerages in Canada.

We deliver e-news you can use. Get practical business insurance insights in your inbox. 12,000+ people subscribe to our free ALIGNMENT Matters e-news. Just click the JOIN OUR DISTRIBUTION LIST button – at the bottom of our homepage – to connect and learn more about us.

365 | Get ALIGNED. Every day, Canadian business leaders follow our insurance insights via @ALIGNEDonRisk, on FacebookLinkedIn and watch our YouTube videos here!

Leave a Reply

Your email address will not be published. Required fields are marked *

CLICK HERE TO GET A COMMERCIAL INSURANCE QUOTE NOW