In this blog, Campbell & Haliburton are going to talk about commercial insurance. Specifically, what are the three most commonly asked questions on commercial insurance? Campbell & Haliburton Insurance is a locally owned Regina insurance broker, and we are proud to be present in the same city that we started in 1957!! We are happy to be a part of the Regina community, as we believe this is one of the most important values of our company. Further, we are a certified SGI Regina insurance broker and know the importance of selling an insurance policy and educating each customer.


What is Commercial Insurance? 

Commercial insurance is a type of insurance that is designed to protect businesses from financial losses resulting from unexpected events. It is an essential part of any business’s risk management strategy. Further, it can help protect a business from a wide range of potential liabilities. However, many business owners are not familiar with the specifics of commercial insurance and have questions about what it covers and how it works. Here are the top three most asked questions!

1. What does it cover?

Commercial insurance can cover a wide range of potential liabilities for businesses. This can include property damage, liability for injuries or accidents that occur on the business’ property. It could also be losses resulting from natural disasters or other unexpected events. Commercial insurance can provide coverage for lost income or extra expenses that a business may incur as a result of a covered event. Some common types of commercial insurance include: general liability insurance, property insurance, and business interruption insurance.

2. How much do I need?

The amount of insurance that a business needs will vary depending on the type of business and which risks it faces. For example, a business that operates in an area with a high risk of natural disasters may need more coverage than a business that operates in a low-risk area. Additionally, a business that has a lot of valuable assets, such as expensive equipment or inventory, may need more coverage than a business with fewer assets. Business owners should work with their Campbell & Haliburton insurance broker to assess their specific risks to determine coverage.

3. How do I choose the right policy?

Choosing the right commercial insurance policy can be a complex process. There are many different types of coverage available and different policies can have different terms and conditions. We recommend working with one of Campbell & Haliburton’s commercial brokers who have experience working with businesses similar to theirs. This will help one to understand the different options available. Business owners should also read the policy carefully. Further, a business owner must understand their coverage and exclusions before making a decision.

In conclusion, commercial insurance is an essential part of any business’ risk management strategy. However, it can be complex and difficult to understand. The top three questions on commercial insurance should provide an overview on what to expect. If you aren’t sure about your commercial insurance, connect with the Campbell & Haliburton’s insurance brokers!

Our Regina insurance brokers at Campbell & Haliburton have your best interests and safety in mind. We also know insurance inside and out, so please get in touch with us for all of your insurance needs and we will be more than happy to help ensure what you value most is protected.

Trusted Regina insurance brokers

**(This is a general overview. There are many different insurance companies and there are always differences in insurance policies. For specific details on your policy and coverage, we recommend that you contact your agent or broker).