Retail business
Protecting your business is not a luxury, it's a necessity. Our retail insurance provides comprehensive coverage for your property, inventory, and business operations.
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Talk to a broker 1-888-625-6846
Why get retail insurance?
Having customers alone does not ensure a business’s success. Insurance safeguards your property and inventory, allowing you to continue operations even in unforeseen circumstances.
Standard coverage
Depending on the nature of your activities, standard coverage may be ideal for you.
Civil liability
This option provides coverage for property damage or bodily injury to third parties in the event of an accident.
Theft, fire, and vandalism
You can feel confident knowing that you are protected against risks such as theft, fire, or vandalism.
Additional coverage
Depending on your circumstances and risk tolerance, you can enhance your insurance coverage. Additional options are available to help you expand your coverage and create a tailored safety net.
Business interruption
If a disaster forces you to suspend your activities, this coverage will help cover some of your lost income and fixed costs.
Equipment breakdown
Protect your essential equipment (cash registers, refrigerators, displays, etc.) in the event of accidental breakdown.
Water damage
Covers damage from sewer backups, leaks, or broken pipes affecting your property or inventory.
FAQ
Answers to your questions!
Can I tailor my insurance to my industry?
Absolutely! The needs of a restaurant owner, a manufacturer, and a transporter are not the same. Your broker will ensure that your coverage is tailored specifically to your industry.
What factors affect the cost of my business insurance?
The cost of insurance is influenced by several factors, including the size of your business, the value of the property you want to protect, the industry in which you operate, your claims history, and the type of coverage you select. For instance, businesses in the restaurant or transportation sectors generally face greater risks compared to those in administrative fields, which can lead to higher insurance premiums. Implementing preventive measures, such as security systems, can help lower your costs.
Does my insurance cover my employees?
In general, business insurance does not directly cover employees, unlike group insurance. Instead, it protects your civil liability in case an employee causes harm while performing their job duties. Therefore, it is advisable to obtain group insurance or contact the CNESST to ensure the financial and medical security of your employees.
Can I deduct my business insurance premiums from my taxes?
Yes, you can typically deduct business insurance premiums as a business expense on your taxes. However, it’s advisable to consult with your accountant for specific guidance on how to proceed.
Am I protected if my operations are temporarily suspended after a disaster?
Yes, but only if you have business interruption coverage. This coverage protects against financial losses that arise from a temporary halt in your operations due to a covered disaster, such as a fire.
Interested?
Get a quote
At Malouin Assurance, we believe that peace of mind starts with a quote. Our quoting process is simple, personalized, and always tailored to your specific needs.
Talk to a broker 1-888-625-6846
Partners
We work with the best suppliers
Intact
Promotuel
L’Unique
AssurExperts
Optimum
