Small Business Insurance - BC | Zensurance (2024)

British Columbia Business Liability InsuranceZensurance

Small business insurance policies starting at $19 per month

Business insurance protects business owners in British Columbia against risks of property damage or third-party liability claims.

Trusted by over 300,000 Canadian small business owners!

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Trusted by over 300,000 Canadian small business owners!

Save up to 35% on your insurance

Instant price and coverage in just a few clicks!

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Commercial insurance tailored for your business

Business Liability Insurance (or commercial insurance), protects BC business owners from losses due to unforeseen events that may occur during normal operations such as property damage, errors or injuries. There are many types of insurance for businesses that protect them according to their industry, size and revenue. The most common insurance coverages for small businesses include general liability insurance, errors and omissions insurance or commercial property insurance.

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What does business liability insurance cover?

Business Insurance is an umbrella term used to describe policies that provide financial protection for business owners against costs associated with third-party liability claims.

Explore the following insurance policies for specific coverage information:

Commercial General Liability (CGL) Insurance, which covers costs associated with claims alleging third-party property damage or bodily injury.
Professional Liability Insurance (also known as Errors and Omissions) provides financial coverage for professionals against claims alleging negligence, misconduct, or failure to deliver a service as promised.
Commercial Property Insuranceprovides financial coverage for loss or damage to your property due to an unforeseen external event, such as a fire or theft.

Additional coverages to consider:

Commercial Auto Insurance: provides financial protection should you be involved in a loss while operating your commercial vehicle.
Product Liability Insurancecovers the costs associated with liability claims alleging bodily injury or property damage resulting from a product you manufacture, develop, or sell.
Cyber Insuranceprovides financial protection against network security and privacy issues, such as a data breach.
Directors’ and Officers’ Liability Insurance provides financial protection for members of your board should they be named in a lawsuit.
Event Liability Insuranceprovides financial protection in case someone gets injured or property is damaged at your event.

Your business is unique. Speak with our insurance broker to find an insurance policy package to meet your specific business needs.

Who needs business liability insurance?

According to Canada Business Statistics, British Columbia is home to ~185,000 businesses. Approximately 98% are small businesses, which are especially susceptible to risk due to their limited financial resources.

Regardless of industry or sector, owning insurance is critical for the long-term survival of any business.

Here are some markets we specialize in:

How much does business insurance in BC cost?

For small businesses in British Columbia, you can anticipate spending approximately $450 a year on a Commercial General Liability insurance policy with a $2M limit.

The cost of your insurance policy will vary according to factors such as: