Who Is The Best Commercial Insurance Broker In Vancouver?

Who Is The Best Commercial Insurance Broker In Vancouver?

Who is the best commercial insurance broker in Vancouver is not something you search in Google every day, but when you or if you do…. how do you filter through the noise and ads (which often are for insurance companies, not insurance brokers as certain insurance companies just buy pretty much all keywords that include the word insurance) that come along with a search result for who is the best commercial insurance broker in Vancouver? This post is intended to help filter out “the noise”, give you the tools to help evaluate the results and actual commercial insurance brokerage that come back when you are truly searching for who is the best commercial insurance broker in Vancouver.

After you search who is the best commercial insurance broker in Vancouver or similar terms you’ll see the obvious ads that come up, which as mentioned previously, typically aren’t even for insurance brokers. Most ads you’ll see are insurance companies who have deep pockets and pretty much bid on every search term that includes the word insurance. After the ads that pop up for who is the best commercial insurance broker in Vancouver, you’ll find a map with a few ads for insurance brokers who have a few good google reviews and several other organic results. Hopefully, ALIGNED Insurance show up in the top 10 organic search results for who is the best commercial insurance brokerage in Vancouver as ALIGNED is one of the fastest-growing commercial insurance brokerages in Vancouver and was named one of the top 10 insurance brokerages in Canada in 2017.

Commercial Insurance Broker Vancouver
Looking for a Commercial Insurance Broker in Vancouver? Contact us HERE to get an online quote now!

How Do You Work Through The Organic Search Results For Who Is The Best Commercial Insurance Broker In Vancouver?

There are many ways you can evaluate who is the best commercial insurance broker in Vancouver and the right fit for your organization and here are a few that the business insurance brokerage, ALIGNED Insurance brokers, would encourage you to consider:

  • What makes your commercial insurance brokerage different or better than your competitors (hint….the answer “we’ve been doing it for 20+years” or “we care a lot or more aren’t satisfactory answers”)
  • What percentage of clients in your insurance brokerage or book of business is personal insurance products versus commercial insurance products?
  • What insurance industry professional designations and formal education do the insurance brokers on your commercial insurance broker team have?
  • How many commercial insurance clients do you have, what is their average size & what industries are they in?
  • What awards or industry recognition have the insurance brokers at your insurance brokerage been nominated for or won?
  • What industry awards has your Vancouver insurance brokerage been nominated for or won.


Why do I need a commercial insurance broker? 

Operating a successful business depends on several factors, one of which is the area in which you operate. Having a business in the vibrant city of Vancouver allows you to access a wide and growing market. Being protected by the right commercial insurance is another key to your success. You need a Commercial Insurance Broker to assess your business, your market and your risk factors and advise you on the best insurance coverage for your business. A good Commercial Insurance Broker will do research both on your business sector and on the available coverages that best suit your operation. The knowledge and expertise of a Commercial Insurance Broker are essential to finding the best insurance coverage to protect your business. 

How much does a commercial broker charge? 

The cost of commercial insurance depends largely on the characteristics of your business. The size of your business, including the number of staff you employ, will factor in, as will the scope of your market. The cost of commercial insurance will also be impacted by your years in business, whether there have been previous claims, and your projected profits, among other factors. A good commercial insurance broker will research your market sector and assess your risks before providing quotes to you. The cost of your commercial insurance is part of doing business, but the right commercial broker will ensure you are getting the most for your money. 

Who is the best commercial insurance broker in Vancouver?

The best Commercial Insurance Broker in Vancouver is the one that will find you the most advantageous insurance package for the best possible price. The only way a commercial broker can do that in Vancouver is if they are focused exclusively on commercial insurance and have experience and knowledge from years in this field. The right broker will also have many different clients in the commercial realm in a variety of different industries. This shows they are willing to continuously educate themselves on different industries and that a variety of clients have put their trust in them. In addition to education, a good commercial broker will have designations, accreditations and extensive education in the commercial insurance field. The best Commercial Insurance Broker will also be recognized by awards by their industry. 

What is the purpose of commercial insurance?

Commercial insurance is designed to protect large and small businesses against financial loss from a variety of operational risks. It covers your commercial assets and property, provides compensation for damages, and protects your business against third-party liability claims and lawsuits.

Here are a few risks commercial insurance can shield you from:

  • Fire
  • Flood
  • Vandalism
  • Property damage
  • Sewage backup
  • Cyber liability
  • Equipment breakdown
  • Product liability
  • Customer injuries

Without a comprehensive commercial insurance plan, many of these risks can lead to expensive out-of-pocket expenses. Commercial insurance helps you mitigate financial loss from the risks you face, so you can operate confidently.

Is commercial insurance necessary?

Commercial insurance isn’t necessary for businesses, but we always recommend a comprehensive policy. While you might not need to file a claim during your operations, it’s better to be protected in case something happens.

You can choose the types of insurance you want and your coverage limits to customize your commercial insurance policy according to your business needs. Speak with one of our insurance specialists to help you select a package that fits your business’s budget and risk exposures.

Do I need insurance if I work from home?

Yes, you should always purchase a commercial insurance policy if you have a business. While you work from home, your standard home insurance policy won’t cover any business activities, especially if you run your own business.

Commercial insurance protects your business and home office from claims and damages resulting from your commercial activities. If you have both a commercial insurance policy and a homeowner’s insurance policy, you keep your home protected during work and off-work hours.

How much does business insurance cost in BC?

It mostly depends on the coverage limit you choose and the value of your commercial property. Typically, higher insurance limits and lower deductibles mean you pay more for property insurance each month. Commercial properties with higher values are also more expensive to insure, because damages will cost more for the insurance company to repair or compensate.

You can expect to pay around $650 for most small businesses to have a basic general liability insurance policy.

For More Information On Who Is The Best Commercial Insurance Broker In Vancouver? Or For An Insurance Quote Contact One Of Our Many Licensed Canadian Commercial 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 Waterloo, 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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