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How Much Is Insurance For An Asbestos Removal Contractor In Canada?

How Much Is Insurance For An Asbestos Removal Contractor In Canada?

How Much Is Insurance For An Asbestos Removal Contractor In Canada?

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How much is insurance for an asbestos removal contractor in Canada? is something the experienced business insurance brokers at the Canadian commercial insurance brokerage ALIGNED Insurance are asked frequently as they have experience and expertise in working with asbestos removal contractors, mould remediation contractors, soil remediation contractors etc.  Although, there is no single answer to the question how much is insurance for an asbestos removal contractor in Canada? we wanted to provide some information on how pricing for insurance for an asbestos removal contractor in Canada is determined and provide some information about insurance for an asbestos removal contractor in Canada as it is a high risk area and heavily regulated by the provincial governments (including Ontario, Alberta & BC)

Factors Impacting How Much Is Insurance For An Asbestos Removal Contractor In Canada

How much is insurance for an asbestos removal contractor in Canada is determined by many different factors as every contractor is different. However, the primary factors that that go in to determining how much is insurance for an asbestos removal contractor are relatively consistent and some of them are as follows:

  • How much asbestos removal work you are doing or planning to do annually
  • How experienced are you in doing asbestos removal work
  • What type of work in addition to asbestos removal are you doing i.e. mould remediation, general renovations etc.
  • What are the qualifications and credentials your team and organization has related to asbestos removal work
  • How much asbestos removal insurance do you want to buy
  • What type of buildings will you be doing asbestos removal work in – ex. schools, hospitals etc.

Ultimately, the best way to determine how much is insurance for an asbestos removal contractor in Canada is to get a quote from the experienced Canadian insurance broker at ALIGNED Insurance by completing this Insurance Application For Asbestos Contractors  and submitting it to quotes@alignedinsurance.com.  However, based on our knowledge and numerous existing asbestos removal contractor clients we can advise that a $1,000,000 asbestos removal contractor policy costs between $3,000-$7,000 per year depending on a number of the factors outlined above and the average limit purchased is between $3,000,000-$5,000,000.

For Information On How Much Is Insurance For An Asbestos Removal Contractor In Canada? Or To Get Insurance For An Asbestos Removal Contractor In Canada Connect With One Of Our Many Licensed Canadian Insurance Brokers Today at 1-866-287-0448

ALIGNED Across Canada   100% Canadian owned, ALIGNED is a premiere insurance brokerage that serves more than 1,400 clients across the country. ALIGNED’s offices in Toronto, Calgary and Vancouver are supported by a national operations centre in Cambridge, Ontario. Uniquely within the industry, ALIGNED creates, negotiates and delivers the best business insurance and risk management strategies/solutions to organizations like yours.

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