Business Insurance in Calgary: Cover Your Livelihood Properly

Owning your own business is one of the greatest achievements in life. It provides a sense of stability, accomplishment and security that is hard to compare. That's why you should take steps to protect it so that when the unexpected happens, you can rest assured knowing your bases are all covered. When it comes to business insurance in Calgary, severalproducts cover clients’ needs, including:

• Bonds. These three-party agreements provide a foundation for business deals that cover everyone involved. Whether a Bid Bond, Performance Bond, or

License and Miscellaneous Surety Bond is required, it is always good to have one in your files before any work commences.

• Commercial Auto Insurance. Covering a vehicular fleet is essential whether it is a long-haul trucking operation or a local repair company. This coverage protects the business from emergency towing expenses, vehicular accidents, physical damage and much more.

• Commercial Property. Buildings and their contents represent a considerable investment in resources. Insuring everything from the walls and foundation, to the computers and filing cabinets is a solid investment that every business should make.

• Contractors Insurance. Businesses that contract labour and services are at increased risk for potential claims. The more work that is done, the more likely something will go wrong or a disgruntled client will file a lawsuit against the business. Securing contractors insurance provides a hedge that framers, carpenters, plumbers, painters, and HVAC professionals can rely on in the event a lawsuit is ever filed.

• Professional Liability Insurance. Nobody is perfect, and sometimes mistakes happen. Either through negligence or by accident, professional liability insurance covers a business should an error or omission occur that results in a financial loss for a client. That's why everyone from accountants to architects, and mortgage brokers to life insurance agents would be wise to carry this coverage for their business.

• Farm Insurance. Farming has always been a risky business. That's why having coverage allows farmers to focus on growing crops instead of worrying about what might go wrong. Coverage can be secured on dwellings, equipment, personal liability, animals and crops.

• Business Interruption. Whether because of Mother Nature or a supply chain problem, this coverage ensures that delays don't demolish your bottom line.

• Directors & Officers Liability. These positions carry considerable responsibility, and considerable risk for any business. Covering against errors and malfeasance is simply a sound business decision.

• Manufacturing. Production based businesses are full of potential problems. Everything from machinery breaking down to defective products being turned out can soak a profit margin. Securing business insurance in Calgary is a simple way to protect it and keep your business from getting pulled under.

Bow Valley Insurance Brokers in Calgary understands that your business is the foundation you have built your life and livelihood upon. We have developed a vast network of insurance options to help our clients protect their businesses and financial assets.

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