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What type of commercial insurance are you looking for?

How to get a commercial insurance quote with KBD

Call us.

KBD is a licensed commercial insurance broker specializing in small to medium-sized businesses. Are you a registered business owner in Ontario or Quebec? We can help.

Work with a broker.

One of our dedicated commercial insurance brokers will assess your business to ensure you have the right coverages in place. We’ll shop the market for you in order to find the best price.

Get insured.

Once we’ve gathered the details, we’ll provide a personalized quote. Our team provides a quick turnaround and a personalized service, tailored to the complexity of your business operations.

Comparing rates from Canada’s leading corporate insurance companies

Find the best commercial insurance rates for your business

KBD is a commercial insurance broker with 40+ years of experience in the Canadian insurance industry.

We offer business insurance coverage to small and medium sized companies located in Quebec & Ontario.

Speak with the same expert every time you call

Your own dedicated business insurance representative.

If you’re looking for peace of mind and to save time – you need someone who knows how to handle your affairs. KBD provides each customer with the same dedicated commercial insurance expert to handle all your insurance needs.

We ensure you have the right business insurance coverages in place.

Commercial property

Whether you have a corporate office, building sites, or commercial warehouses, it’s important to have property insurance in place. It protects you from liability claims, as well as damages related to fire, earthquake, water damages, rental income loss, and more.

Business liability

This coverage protects commercial properties and products, and covers damages to a third party. CGL insurance also covers bodily injury, which protects you if your product or service causes damage to another person.

Commercial car insurance

Liability, collision, and comprehensive auto insurance coverages protect commercial vehicles in the event of an accident, and if there are damages related to fire, theft, vandalism, glass breakage, and more.

Builder’s risk insurance

Builders risk insurance covers the costs of materials and labour required to rebuild any commercial structures in the event of a claim. It protects the cash value of the existing structure, as well as off-site and transit coverages.

  • Commercial property

    Whether you have a corporate office, building sites, or commercial warehouses, it’s important to have property insurance in place. It protects you from liability claims, as well as damages related to fire, earthquake, water damages, rental income loss, and more.

  • Business liability

    This coverage protects commercial properties and products, and covers damages to a third party. CGL insurance also covers bodily injury, which protects you if your product or service causes damage to another person.

  • Commercial car insurance

    Liability, collision, and comprehensive auto insurance coverages protect commercial vehicles in the event of an accident, and if there are damages related to fire, theft, vandalism, glass breakage, and more.

  • Builder’s risk insurance

    Builders risk insurance covers the costs of materials and labour required to rebuild any commercial structures in the event of a claim. It protects the cash value of the existing structure, as well as off-site and transit coverages.

Reasons to love KBD Insurance

Personalized service.

Our commercial insurance brokers assess the ins and outs of your business to provide you with tailored coverage solutions, customized to your unique business systems.

Business insurance expertise

As a commercial insurance client at KBD, you will be assigned a dedicated broker. They will get to know your business operations, optimize your coverages and premiums, and assist you with policy maintenance.

We shop the market for you.

As a corporate insurance broker, we have access to multiple Canadian business insurance companies. This means we can offer coverage solutions for a wide variety of industries and insurance needs.

Our clients say it best

More than 500 5-star reviews on
Leah N.

“Great service, very easy and well explained procedures and information needed for insurance. Jordan was great to work with, and had excellent communication skills. 10/10 recommend.”

Shawn B.

“Greg is always making sure all my insurance needs are covered. Excellent service and very responsive.. thanks again!”

Nathan T.

“My first time ever getting insurance for a car and it was super simple. I spoke to Erika who was super nice and answered all my questions, and provided everything I needed!”

Brian B.

“Great experience. As a new to Quebec driver who just bought a car I got my insurance processed over the phone in less than 20 minutes. Very efficient, easy to understand and good coverage.”

Speak to one of our commercial insurance brokers today

Business insurance FAQs

What is commercial insurance?

Commercial insurance is designed to protect businesses financially and legally, and it is made up of a few different kinds of coverages.

While businesses are not legally required to carry corporate insurance, they typically carry, at a minimum, what’s called commercial general liability insurance. CGL insurance covers costs in the unfortunate event of a lawsuit against them.

Another common type of commercial insurance in Canada is property insurance, which covers company-owned buildings like an office, retail store, or warehouse, and can recoup costs in the event of perils like fire, theft, and water.

Need a commercial insurance quote?

Call us.

How much is commercial insurance?

Business owners should expect to pay between $500 – $5,000 in annual insurance premiums. Yes, that’s a wide range, and it could wind up being higher, depending on your unique situation. 

It’s a tough question to answer because there are a lot of factors that determine the cost of a business insurance policy, starting with your company’s annual revenue, industry, claims history, and location.

Commercial insurance prices are set on a case by case basis and determined by your company’s profile — in other words, how much risk you pose to the insurer.

Commercial insurance companies have the data to tell them things like which industries are responsible for the most claims and in which neighbourhoods occur the most theft. That’s why these bits of information affect your insurance rate.

One-person operations can certainly snag a policy as low as $500. On the high end? Massive corporations can fork over millions of dollars a year for their insurance policy.

So, if you’re looking for the cheapest commercial insurance possible, it’s best to have a broker advise you on the coverages you need. 

That way you can ensure you’re paying for exactly what you need – no more, no less. 

Ready for a commercial business insurance quote?

Call us.

What does commercial insurance cover?

Commercial insurance, also referred to as business insurance, is designed to cover your company’s assets against common perils like fire, water, theft, and liability.

Here are five of the most popular types of commercial insurance among Canadian companies:

  • Commercial liability insurance
  • Commercial property insurance
  • Cyber insurance
  • Professional liability / errors & omissions
  • Marine Cargo

KBD Insurance can provide each of these types of commercial insurance.

Ready for a quote for your business insurance?

Call us.

Why are insurance brokers needed?

You’ll be better off with an insurance broker (over a direct insurance provider) if you have an intricate business that requires a deep level of knowledge. As insurance brokers, our job is to understand the details of your business operations so we can provide the best service to you — that’s why we take on complicated accounts.

When you work with a broker, you’ll talk to the same person every time you call, email, or even text. That person is your first point of contact any time you need to file a claim or make a change to your policy. Compare that with direct insurance companies, who hand out a 1-800 number, meaning that every time you call, you have to explain your file from scratch to whichever representative answers the phone.

Want a personalized business insurance service? We can help with that. 

Call us.

How do you compare commercial insurance policies?

Compare apples with apples!

We love to say that — but what does it mean? It means that when looking at quotes from two companies side-by-side, those two quotes have to be made up of the same coverage. Often, when clients see a big discrepancy between two insurance quotes, it’s because the two policies’ protections aren’t the same. (Inevitably, the cheaper one may be more attractive, but it offers a lower grade of coverage.)

We see this happen all the time. When shopping around, be careful to request quotes for the exact same coverage from each company you talk to. See? Apples to apples.

Need a business insurance quote?

Call us.

What is the purpose of commercial insurance?

Why get commercial insurance? To protect your business when the unexpected happens. 

Most businesses aren’t able to recover financially after a big loss; this is where insurance kicks in. It really needs to be part of your budget, because by the time something happens, it’s already too late. 

Aside from being a smart business move, carrying insurance legitimizes your company. As you grow, many vendors won’t even conduct business with you if you can’t show proof of commercial insurance.What’s important to understand — a lot of people don’t — is that an insurance policy is not a maintenance package. That means you shouldn’t use it to cover up every little blemish. We always say to avoid small claims — and you should. Because the more claims you make, the less insurable you become and the higher your future rates go. Commercial insurance really is there to cover the big stuff that you couldn’t possibly pay out of pocket.

Let’s get your business insured. 

Call us. 

Why do businesses need commercial insurance?

Put simply, business insurance can save you financially if your company is involved in an accident. 

Having the right commercial insurance coverage in place is the difference between going belly up and weathering the storm in the event of a disaster. 

However, the type of business insurance that you should purchase depends on the kind of business you run, and the risks it presents. 

So, as always, the best way to determine what business insurance you need is to get a personalized commercial insurance quote. 

Our commercial insurance brokers can help with that. 

Call us.

How does commercial insurance work?

There are two different ways that you can get commercial insurance for your business:

  1. Through direct insurance companies: They issue you a policy directly and only offer one insurance product, which is their own.
  2. Through commercial insurance brokers: Brokers have access to multiple insurance markets and can shop around for you to find you the best fit. (KBD is an insurance broker offering commercial insurance to small and mid-sized businesses in Ontario and Quebec.)

As a business owner, you should know that not all insurance companies in Canada offer commercial insurance. That means if you were planning to call the company that provides your personal home or car insurance, they might not have what your business needs.

The best advice we can give you when it comes to getting corporate insurance? Shop around!

When you’re looking for business insurance, you should do your research, and make sure that you’re finding yourself the best product at the best price. This especially applies to intricate businesses; if your company has a lot of moving parts, not all insurance companies will be equipped to handle your needs.

That’s why it’s best to work with a commercial insurance broker who’s familiar with your industry. 

Looking for business insurance quotes?

Call us.

What is business interruption insurance?

Business interruption insurance covers you in the event that your regular business operations can’t continue due to an accident or disaster. 

Business interruption is built for restaurants, manufacturers, and the like. Why? These types of businesses can’t operate after disaster strikes, like let’s say a fire or flood.

In comparison, most service-based companies with employees working at desks could easily have everyone work remotely for a while before things go back to normal. A restaurant, on the other hand, would have to close down for an extended period of time. A business interruption insurance policy covers the cost of lost revenue in the event that this happens.

What does business interruption insurance cover? Following a covered loss, there are three costs that can be recouped:

  1. Loss of profits
  2. Administrative payroll
  3. Fixed costs

Fact: Two out of three businesses go belly-up after making a claim when they don’t have business interruption insurance. So it’s an important policy to have in place to protect your company. 

Looking for commercial insurance quotes?

Call us.

What is the role of a commercial insurance broker?

In a nutshell: To shop the market, understand your business, and provide a personalized service. 

While neither the direct nor the broker insurance model can be necessarily considered more expensive than the other, a broker differentiates itself in those three areas. You can certainly find cheap commercial insurance online and with direct insurance companies, but you might not find a personalized service. 

If your business requires a little more attention to detail, you’re better off with a broker. It’s the broker’s job to learn and understand the ins and outs of your company and industry, including the products you sell and the business you do outside of Canada. If you would consider your business intricate, you’d be better served going with a broker.

Why? A broker is trained to understand your business. And once you have one, that one person can stay on your account long-term. With direct insurance companies, you might call a 1-800 number and speak to a different representative each time — sort of like starting from scratch. With a broker, you get a real business relationship with someone that learns more about your file the longer you work with them.

Ready to get commercial insurance?

Call us.

What’s the difference between a commercial insurance broker vs. an agent?

A commercial insurance broker works as an intermediary between the insurance company and the client. Brokers have access to several different insurance providers, so they can shop multiple insurance markets to find the best fit for each client. That means matching the best price and protections for different types of companies that work in an array of industries.

A direct insurance agent works for a provider, so they can only sell you insurance from their company. These agents don’t necessarily maintain a file with each client; instead they must be equipped to handle any person that calls the company and gets patched through to them.

Need business insurance in Ontario or Quebec?

Call us. 

What does P & C stand for in insurance?

Property and casualty insurance!

Property insurance covers your physical assets.

Casualty — a fancy word for liability — covers your actions.

Need a business insurance quote?

Call us.

Which type of insurance is most important for a business?

There are several types of commercial insurance that we recommend business owners invest in. They include:

  • Commercial general liability insurance
  • Professional liability insurance
  • Cyber insurance 
  • Commercial property insurance 
  • Commercial car insurance 
  • Equipment breakdown insurance

Business insurance policies are always tailored to your specific needs. However, at a minimum, companies should have commercial general liability insurance in place to protect them against property damage, bodily injury, and product liability. 

The best way to know which type of business insurance is most important for your company is to speak with your broker. 

Need a commercial insurance quote?

Call us.

What is commercial insurance?

Commercial insurance is designed to protect businesses financially and legally, and it is made up of a few different kinds of coverages.

While businesses are not legally required to carry corporate insurance, they typically carry, at a minimum, what’s called commercial general liability insurance. CGL insurance covers costs in the unfortunate event of a lawsuit against them.

Another common type of commercial insurance in Canada is property insurance, which covers company-owned buildings like an office, retail store, or warehouse, and can recoup costs in the event of perils like fire, theft, and water.

Need a commercial insurance quote?

Call us.

How does commercial insurance work?

There are two different ways that you can get commercial insurance for your business:

  1. Through direct insurance companies: They issue you a policy directly and only offer one insurance product, which is their own.
  2. Through commercial insurance brokers: Brokers have access to multiple insurance markets and can shop around for you to find you the best fit. (KBD is an insurance broker offering commercial insurance to small and mid-sized businesses in Ontario and Quebec.)

As a business owner, you should know that not all insurance companies in Canada offer commercial insurance. That means if you were planning to call the company that provides your personal home or car insurance, they might not have what your business needs.

The best advice we can give you when it comes to getting corporate insurance? Shop around!

When you’re looking for business insurance, you should do your research, and make sure that you’re finding yourself the best product at the best price. This especially applies to intricate businesses; if your company has a lot of moving parts, not all insurance companies will be equipped to handle your needs.

That’s why it’s best to work with a commercial insurance broker who’s familiar with your industry. 

Looking for business insurance quotes?

Call us.

How much is commercial insurance?

Business owners should expect to pay between $500 – $5,000 in annual insurance premiums. Yes, that’s a wide range, and it could wind up being higher, depending on your unique situation. 

It’s a tough question to answer because there are a lot of factors that determine the cost of a business insurance policy, starting with your company’s annual revenue, industry, claims history, and location.

Commercial insurance prices are set on a case by case basis and determined by your company’s profile — in other words, how much risk you pose to the insurer.

Commercial insurance companies have the data to tell them things like which industries are responsible for the most claims and in which neighbourhoods occur the most theft. That’s why these bits of information affect your insurance rate.

One-person operations can certainly snag a policy as low as $500. On the high end? Massive corporations can fork over millions of dollars a year for their insurance policy.

So, if you’re looking for the cheapest commercial insurance possible, it’s best to have a broker advise you on the coverages you need. 

That way you can ensure you’re paying for exactly what you need – no more, no less. 

Ready for a commercial business insurance quote?

Call us.

What is business interruption insurance?

Business interruption insurance covers you in the event that your regular business operations can’t continue due to an accident or disaster. 

Business interruption is built for restaurants, manufacturers, and the like. Why? These types of businesses can’t operate after disaster strikes, like let’s say a fire or flood.

In comparison, most service-based companies with employees working at desks could easily have everyone work remotely for a while before things go back to normal. A restaurant, on the other hand, would have to close down for an extended period of time. A business interruption insurance policy covers the cost of lost revenue in the event that this happens.

What does business interruption insurance cover? Following a covered loss, there are three costs that can be recouped:

  1. Loss of profits
  2. Administrative payroll
  3. Fixed costs

Fact: Two out of three businesses go belly-up after making a claim when they don’t have business interruption insurance. So it’s an important policy to have in place to protect your company. 

Looking for commercial insurance quotes?

Call us.

What does commercial insurance cover?

Commercial insurance, also referred to as business insurance, is designed to cover your company’s assets against common perils like fire, water, theft, and liability.

Here are five of the most popular types of commercial insurance among Canadian companies:

  • Commercial liability insurance
  • Commercial property insurance
  • Cyber insurance
  • Professional liability / errors & omissions
  • Marine Cargo

KBD Insurance can provide each of these types of commercial insurance.

Ready for a quote for your business insurance?

Call us.

What is the role of a commercial insurance broker?

In a nutshell: To shop the market, understand your business, and provide a personalized service. 

While neither the direct nor the broker insurance model can be necessarily considered more expensive than the other, a broker differentiates itself in those three areas. You can certainly find cheap commercial insurance online and with direct insurance companies, but you might not find a personalized service. 

If your business requires a little more attention to detail, you’re better off with a broker. It’s the broker’s job to learn and understand the ins and outs of your company and industry, including the products you sell and the business you do outside of Canada. If you would consider your business intricate, you’d be better served going with a broker.

Why? A broker is trained to understand your business. And once you have one, that one person can stay on your account long-term. With direct insurance companies, you might call a 1-800 number and speak to a different representative each time — sort of like starting from scratch. With a broker, you get a real business relationship with someone that learns more about your file the longer you work with them.

Ready to get commercial insurance?

Call us.

Why are insurance brokers needed?

You’ll be better off with an insurance broker (over a direct insurance provider) if you have an intricate business that requires a deep level of knowledge. As insurance brokers, our job is to understand the details of your business operations so we can provide the best service to you — that’s why we take on complicated accounts.

When you work with a broker, you’ll talk to the same person every time you call, email, or even text. That person is your first point of contact any time you need to file a claim or make a change to your policy. Compare that with direct insurance companies, who hand out a 1-800 number, meaning that every time you call, you have to explain your file from scratch to whichever representative answers the phone.

Want a personalized business insurance service? We can help with that. 

Call us.

What’s the difference between a commercial insurance broker vs. an agent?

A commercial insurance broker works as an intermediary between the insurance company and the client. Brokers have access to several different insurance providers, so they can shop multiple insurance markets to find the best fit for each client. That means matching the best price and protections for different types of companies that work in an array of industries.

A direct insurance agent works for a provider, so they can only sell you insurance from their company. These agents don’t necessarily maintain a file with each client; instead they must be equipped to handle any person that calls the company and gets patched through to them.

Need business insurance in Ontario or Quebec?

Call us. 

How do you compare commercial insurance policies?

Compare apples with apples!

We love to say that — but what does it mean? It means that when looking at quotes from two companies side-by-side, those two quotes have to be made up of the same coverage. Often, when clients see a big discrepancy between two insurance quotes, it’s because the two policies’ protections aren’t the same. (Inevitably, the cheaper one may be more attractive, but it offers a lower grade of coverage.)

We see this happen all the time. When shopping around, be careful to request quotes for the exact same coverage from each company you talk to. See? Apples to apples.

Need a business insurance quote?

Call us.

What does P & C stand for in insurance?

Property and casualty insurance!

Property insurance covers your physical assets.

Casualty — a fancy word for liability — covers your actions.

Need a business insurance quote?

Call us.

What is the purpose of commercial insurance?

Why get commercial insurance? To protect your business when the unexpected happens. 

Most businesses aren’t able to recover financially after a big loss; this is where insurance kicks in. It really needs to be part of your budget, because by the time something happens, it’s already too late. 

Aside from being a smart business move, carrying insurance legitimizes your company. As you grow, many vendors won’t even conduct business with you if you can’t show proof of commercial insurance.What’s important to understand — a lot of people don’t — is that an insurance policy is not a maintenance package. That means you shouldn’t use it to cover up every little blemish. We always say to avoid small claims — and you should. Because the more claims you make, the less insurable you become and the higher your future rates go. Commercial insurance really is there to cover the big stuff that you couldn’t possibly pay out of pocket.

Let’s get your business insured. 

Call us. 

Which type of insurance is most important for a business?

There are several types of commercial insurance that we recommend business owners invest in. They include:

  • Commercial general liability insurance
  • Professional liability insurance
  • Cyber insurance 
  • Commercial property insurance 
  • Commercial car insurance 
  • Equipment breakdown insurance

Business insurance policies are always tailored to your specific needs. However, at a minimum, companies should have commercial general liability insurance in place to protect them against property damage, bodily injury, and product liability. 

The best way to know which type of business insurance is most important for your company is to speak with your broker. 

Need a commercial insurance quote?

Call us.

Why do businesses need commercial insurance?

Put simply, business insurance can save you financially if your company is involved in an accident. 

Having the right commercial insurance coverage in place is the difference between going belly up and weathering the storm in the event of a disaster. 

However, the type of business insurance that you should purchase depends on the kind of business you run, and the risks it presents. 

So, as always, the best way to determine what business insurance you need is to get a personalized commercial insurance quote. 

Our commercial insurance brokers can help with that. 

Call us.