Contractors Insurance

Contractors Insurance in Ontario Made Simple

Contractors in Ontario need contractors liability insurance to protect themselves from losses and risks associated with operating a business.

We’ll help you find Contractors Insurance in Ontario that matches your business needs at a competitive rate.

 

Insurance Products

Free Contractor Insurance Quotes

The internet is a fantastic tool. Business owners and independent contractors alike can obtain a quote for their contractor liability insurance in Ontario easier than ever before. One of the most popular options is to head online to request a quote directly from an insurer. All you have to do is enter some simple information about your company, and someone will contact you with an idea of what your premium will be. However, your results will be limited to the specific carrier you contact.

Insurance brokers will need to know several things about the business you run. Questions such as:

  • How many employees you have?
  • Where do you employees conduct work for you?
  • Are your employees part-time, full-time or subcontracted?
  • How long you have worked in the specific industry?
  • How many claims you have filed in the past?
  • Details of any claims filed
  • The risks associated with operating your business

Armed with this information, independent insurance agents such as Duliban Insurance can secure quotations from multiple, high-quality insurance carriers. The result will be finding contractor insurance in Ontario matching your business needs at the most competitive rate.

WE SERVICE YOU

Our team of insurance professionals ensures that YOU receive the best coverage possible at the very best price.

20 QUOTES

We partner with over 20 different insurance companies that fight to earn your business.

HIGHLY RATED

With multiple provincial and national recognition awards, it’s no wonder why our clients rave about us.

SIMPLE LANGUAGE

We make sure that you understand your policy without confusing you with complicated insurance jargon.

Contractor liability insurance, also known as general liability or business liability insurance, covers many areas of concern for business owners. Whether you own an HVAC company, public construction company, a small shop, or a computer business, you will want to look into protecting your hard work and assets with liability insurance.

There are so many reasons why a small company or contractor should acquire contractor liability insurance in Ontario. Every business has an exposure to a liability lawsuit. Consider a customer slipping and falling at your office or job site. The ensuing lawsuit can time up your time, your business capital, and in severe cases require the liquidation of assets to pay for a settlement.

In addition to liability exposures, businesses may also be held responsible for damage caused to someone else’s property. Being adequately insured provides you peace of mind that should something was to happen where an extensive damage was caused to personal property, the cost to replace or repair the property will be covered by an insurance company, and not your bank account.

You must also keep in mind when searching for contractor insurance in Ontario; our area can be one of the most dangerous places to work in the country. Ontario has ample opportunities for construction and roofing businesses. However, these are some of the most dangerous jobs there are in the country. Insurance brokers consider where you work when calculating your premium

Protecting yourself and your business should be your top priority when searching for a liability insurance policy. The construction industry is one of the most susceptible businesses for liability lawsuits. A contractors liability insurance policy has specific coverage components to provide much-needed coverage in the event of a claim.

Bodily Injury – This coverage is provided to cover claims in the event of certain claims to cover the financial loss caused by an injury caused by you or one of your employees. Injury can have occurred anywhere including the business office or on the job site. This coverage does not provide protection for injury to your employees however.

Property Damage – If you or one of your employees damages property owned by others, this coverage will provide the funds necessary to repair or replace the damaged item, up to the limits of the policy. This coverage does not provide protection for damage to your work, however.

Advertising – Protection under a contractors liability policy will cover businesses in the event of a lawsuit claiming copyright infringement when advertising their services.

Reputation – A contractors liability policy, if selected, can provide coverage in the event your business is harmed by certain claims of libel, slander, malicious prosecution, and violation of privacy rights.

Medical Payments – While bodily injury pays for the financial loss resulting from someone becoming injured, medical payments coverage provides first dollar coverage for medical bills.

Rented Premises – Coverage is provided if your business rents a location and the property is damaged while occupying the space.

In addition to these basic liability coverages, many contractors insurance policies can provide additional extensions for coverage. For example:

Cyber Liability – The rate of cyber liability claims is skyrocketing. If your business stores any personally identifiable information such as birthdays, credit card numbers, addresses, and other key information, your business has a cyber liability exposure. All it takes is one lost laptop to result in the exposure of individual information.

Work Performed by Subcontractors – Most contractors liability insurance policies exclude coverage for work done by subcontractors. For example, if you are remodeler who hires an electrician, any damage caused by the electrician are his responsibility. However, if the electrician is not properly insured, or simply leaves town, your business will be on the hook. Coverage extending to work performed by subcontractors can be included on your policy to add an extra layer of protection.

Hired and Non-Owned Automobile – Most contractors will have an automobile policy providing hired and non-owned automobile coverage. However, in the few instances where no commercial vehicles are owned, you will want to include this coverage extension. This extension covers claims when renting, borrowing, or using a non-owned automobile for business.

Since 1976, Duliban Insurance Brokers has proudly served central Canada’s insurance needs. By partnering with the country’s most competitive and trusted companies, we deliver the very contractors liability insurance in Ontario at the lowest price. Combined with our best in class ‘hometown’ service, we are dedicated to meeting the needs of our valued clients.

“Excellent customer service! Friendly, responsive and courteous.” – Toth Brothers Roofing

“We highly recommend Duliban Insurance Brokers Ltd. We have been with them for years and they take care of our many different business and personal insurance needs. Thanks Adam & Jason you are both doing a 5 star job taking Duliban Insurance to the next level of brokerage service!” – Sherry B