Business
Insurance
Owning or operating a business in British Columbia means managing risk—whether you're a sole proprietor, a startup, or an established company. From property damage and legal claims to contract issues and professional liability, business owners face a wide range of exposures that standard personal insurance simply doesn't cover.
At InsureBC Victoria, we offer customized commercial insurance solutions to help you protect your assets, reputation, and operations. Whether you're operating locally, working from home, or expanding into international markets, we'll help you build the right policy—so you can focus on running your business confidently.
What Business Insurance Covers
Business insurance is designed to protect your company from unexpected financial losses related to your day-to-day operations. This includes physical damage to commercial property, liability for injury or damages, protection for directors and executives, and specialty policies for professionals and international businesses. Every business is different, which is why we tailor our policies to suit your specific industry, size, and risk exposure. Our advisors take the time to understand how your business operates—so we can recommend only the coverage you truly need, and nothing you don't.
Commercial Property & Liability Insurance
Foundational protection for your business property, contents, equipment, and liability. Covers physical damage (from fire, flood, theft, etc.) and provides liability coverage if someone is injured on your premises or as a result of your operations.
Errors and Omissions (E&O) Insurance
Also known as Professional Liability Insurance, this coverage protects your business if a client claims you made a mistake, failed to deliver a service, or gave incorrect advice that resulted in a financial loss. It covers legal defence costs, settlements, and damages—making it essential for consultants, advisors, yoga instructors and service-based professionals who provide specialized expertise.
Directors & Officers Liability Insurance
This coverage protects the personal assets of your company's directors and officers in case they're held liable for decisions made while acting on behalf of the organization. It covers legal defense costs, settlements, and damages—so your leadership can focus on running the business without personal risk.
Home-Based Business Insurance
If you run your business from home, your homeowner's policy likely doesn't provide enough protection. This add-on covers business-related assets like inventory, equipment, and liability arising from client interactions or product sales. Ideal for freelancers, online sellers, and home-based service providers.
Contractors and Trades Insurance
Whether you're a self-employed tradesperson or managing a growing team, we provide tailored insurance solutions for contractors across all industries—from plumbers and electricians to landscapers and technicians. No matter the size or stage of your business, we'll build a policy that fits your operations and keeps you covered on every job site.
Small Business Insurance
Whether you own a retail store, salon, or service-based business, we'll help you protect what you've worked hard to build. From new ventures to established local shops, small businesses face unique risks that can disrupt daily operations. We provide customizable insurance solutions based on your industry, business size, and budget—covering everything from property damage and liability to business interruption and more.
Frequently Asked Questions
Get answers to common questions about business insurance in British Columbia.