Why Small Businesses in Milton Need Insurance
The Town of Milton in Halton Region is one of the fastest-growing communities in Southern Ontario. Located 40 km west of Toronto, Milton is easily accessible via Highway 401 and rail. This booming region is a varied and industry-agnostic community with a labour force of more than 114,000 people across a wide range of businesses in manufacturing, health and wellness, tourism, academia, retail, and it is at the centre of Canada’s largest technology cluster.
It’s easy to see why Milton’s highly educated and diverse workforce is home to countless entrepreneurs and small businesses that are growing in tandem with its varied economy.
As a small business owner, you need to protect your organization with a comprehensive business insurance policy. Let us worry about protecting your livelihood and assets at a competitive price and give you the confidence to thrive. You need to focus on serving your customers, and that’s where we come in – Zensurance commercial insurance brokers specialize in protecting small businesses and startups as they grow.
What does it cover?
In general, a comprehensive business insurance policy includes a combination of liability and property insurance coverages:
How Much Does Business Insurance Cost in Milton?
For a small business in Milton, the cost of insurance typically starts at $450 per year on a basic commercial general liability policy with a $2 million limit.
Insurance providers determine the cost of a business insurance policy by considering several factors, including:
- Your business’s location
- The services and goods you provide and your industry
- How many employees you have (if applicable)
- The type and value of the equipment you have
- Your years of experience
- Your annual and projected revenue
Common claims scenarios
Examples of how a business insurance policy from Zensurance provides you with financial support include:
- A software developer in Timberlea builds an e-commerce platform for a client that fails to meet expectations and results in the client seeing a dramatic rise in abandoned shopping carts.
- A cafe owner in Clarke facing a third-party bodily injury lawsuit after a customer slips and falls on a wet floor and fractures a wrist.
- A general contractor in Milton Heights whose tools are stolen from a secured job site.
- A consultant in Fallingbrook falls prey to an email phishing attack that compromises their past and present customers’ confidential financial data.
Talk to one of our licensed insurance brokers about the types of coverage your business should have to protect your assets and reputation.
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Protecting your business or profession, whether located in the Town of Milton or Halton Region, is quick and easy through Zensurance.
Fill out our online application for a free insurance quote. We’ll shop our partner network of over 50 insurance providers to get the coverage you need at a price you can afford.
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