Business Insurance In Calgary

With commercial general liability insurance (CGL), you’ll be covered from risks including bodily injury and property damage to a third party that may be caused by your operations. You could be held liable if your products or services cause harm. If claimants are seeking compensation for damages, liability insurance offers coverage for defence costs and legal expenses.

With commercial general liability insurance in Calgary, you can protect your business from the cost of lost wages, compensation for property damage, and medical expenses.

Depending on your industry, you’ll face a different level of liability risks. With professional advice from our insurance experts, we can help you assess how much coverage you need based on your earnings, business type, and perceived risk.

Small businesses have a unique set of insurance needs. At Westland Insurance, we understand that; we tailor your small business insurance based on the specific risks you face.

Protect yourself against unforeseen events and unexpected losses with Calgary business insurance for small businesses. With a small business policy, you gain access to coverage like business interruption, business property, and business liability insurance.

With each passing year, more businesses move their products and services online. This places them at a greater risk of cyberattacks. If you’re concerned that your business could be targeted in a data breach or cyberattack, you need Calgary business insurance.

Cyber insurance is especially important when you work in the technology industry. As a business owner, you’re responsible for safeguarding the information of your customers. If someone hacks into your network, your business could face detrimental losses. This policy offers coverage for business interruption, forensic support, cyber extortion defence, and legal support.

If your property is damaged, it can interrupt your day-to-day operations. Commercial insurance will help you protect your most valuable assets. It includes coverage for the following claims:

• Inventory repair/replacement
• Property repair/replacement costs
• Business interruption
• Recovery time

With property insurance, you can recover quickly after an insured loss to resume your operations ASAP. Based on factors like the value, age, and construction of the building, the costs of your commercial insurance will vary. Minimize potential losses with business insurance in Calgary.

How will you cover the bills if you need to close your doors for a few weeks? Not only will you lose out on income (and potentially a few customers), but you won’t be able to cover wages. Your employees depend on you for income, even when you’re facing a financial loss.

Coverage areas include expenses & payments (utilities, rent, and other recurring bills), loss of income, and extra expenses (like renting a temporary space while yours is being repaired).

This coverage is included in most commercial insurance policies. However, you may want to expand your policy limits depending on the size of your company.

As careful as we are, mistakes happen. In a business setting, even a small error can end up costing your client significantly.

Errors and omissions insurance is a form of specialized coverage. Also known as professional liability insurance, this commercial insurance package is designed to offer financial assistance after an error occurs. It provides you with peace of mind to know that if you make a mistake, you’ll have adequate protection. Any business that provides a product or service to clients can benefit from this policy.

Do you use vehicles for business purposes? If you drive a car or truck for your company, this is the business insurance policy that you need. A common misconception is that this policy is only for businesses with large fleets of vehicles. But even if you have one company car, this insurance plan will offer the coverage you need. You can adjust your insurance based on the value of your vehicle and how frequently you use it. Choose a fleet plan to insure large groups of vehicles.

Directors and officers liability insurance (D&O) helps executives manage litigation issues that may result from errors in judgement. Whether you have 10 employees or 100, one decision can affect dozens of other people, including your clients.

This policy can cover lawsuit or mismanagement costs that may arise from a D&O claim.  Examples of these issues include workplace safety issues, accusations alleging breach of duties, and failure to comply with laws and regulations.