As president of KBD, Curtis aims to simplify insurance for his clients. He’s helped lead KBD to become one of Canada’s fastest 400 growing companies according to the Globe & Mail.
Edited on:
Published on:
What’s the biggest mistake Montreal business owners make with their insurance? Thinking they’re covered—until disaster strikes.
Fire, water damage, or theft can shut you down for weeks, and too many policies don’t include the protection businesses actually need. Here’s what to look for in commercial insurance in Montreal, and how to make sure your policy keeps up with your operations.
The Risks Montreal Businesses Overlook
Montreal’s business landscape is diverse—from downtown restaurants to Saint-Laurent warehouses to boutiques in the Plateau.
But no matter the size, one thing is constant: risk. Too often, owners buy cookie-cutter commercial insurance online, only to discover gaps when it’s too late.
Some of the most common problems include:
- Business Interruption → Without this, a fire or flood could stop your revenue cold, leaving you unable to pay staff or cover expenses.
- Equipment & Inventory → If limits don’t match what you actually own, you could lose thousands replacing machines, tools, or stock.
- Renovations & Growth → Expanded your space? Added new equipment? If your policy wasn’t updated, you might be underinsured right now.
- Liability Coverage → Essential for any business that deals with customers, subcontractors, or sensitive data.
Montreal businesses also face unique local risks—strict zoning rules, flood-prone areas like Pierrefonds, and harsh winters that can damage buildings or equipment. That’s why relying on a local broker isn’t just helpful, it’s essential.
Why Work With a Montreal Insurance Broker
Online policies may be quick, but they don’t account for how your business really operates. A Montreal insurance broker:
- Shops multiple insurers to find coverage that fits your business model
- Reviews your policy regularly to keep it current with your growth
- Explains what’s included (and what’s not) in plain language
- Guides you through claims and helps you avoid costly surprises
At KBD Insurance, we’ve worked with Montreal businesses for over 40 years—helping entrepreneurs protect what they’ve built.
FAQs
Q: What’s the average cost of commercial insurance in Montreal?
A: Premiums vary by industry, size, and risk. Small business policies often start around $750/year, with costs increasing for higher-value operations or specialized coverages.
Q: Is business interruption insurance included by default?
A: No. It’s one of the most commonly missing coverages and must be added as an endorsement. Without it, your revenue may not be protected during a shutdown.
Q: Can I get a custom policy for my industry?
A: Absolutely. A broker can tailor coverage for restaurants, contractors, retail shops, tech firms, or any business with unique exposures.
Wrap Up
Don’t let gaps in coverage put your business at risk.
Work with a Montreal commercial insurance broker who understands the city’s unique risks and regulations.
Get a free quote today from KBD Insurance—trusted by local businesses for over four decades.