Kelowna Business Insurance

Acera Insurance offers commercial insurance for businesses in Kelowna

At Acera Insurance, we respect that every business is unique, which is why we believe in taking the time to understand our commercial clients, so that we can make the best recommendations possible. Our local team is knowledgeable when it comes to your industry and location. We can help discuss the exposures your business may face and create an insurance program that works for your organizations needs.

An insurance broker from Acera Insurance is your best resource when it comes to business insurance in Kelowna, and you can depend on us when you need coverage that works. Our brokerage is proudly independent and has roots firmly planted in the beautiful city of Kelowna. For more than 60 years, we have worked to understand the needs of our neighbours and our community. Trust in our experience when you need expertise and advice.

Common commercial coverages for Kelowna businesses

Each business is different and has its own set of risks or exposures to manage. At Acera Insurance, our job is to help you evaluate these risks and advise on the right commercial insurance products to meet your operational needs. While the details of each coverage will be unique to your policy, below are some of the most common types of commercial coverages applicable to business in Kelowna.

Commercial General Liability

Also referred to as CGL insurance, commercial general liability insurance is one of the most important types of insurance for any business in Kelowna. This coverage provides protection from property damage or bodily injury claims from a third party, arising from your operations.

Our liability programs ensure greater customer satisfaction and protection by insuring against client complaints related to products and services, as well as claims of injury. Our commercial general liability experts will assist you in not only selecting the right general liability policy for your business, but implement risk management techniques designed to mitigate your liability exposures. Our insurance solutions protect your company from risks related to any risk transfer strategy.

Professional Liability

If your business provides professional services and consultation to clients, you may need professional liability insurance (also referred to as errors and omissions). Errors and omissions coverage is vital to the success of Kelowna businesses, as it helps provide compensation for legal defenses in the event you face a potential lawsuit. Examples of professions which often require errors and omissions include engineers, contractors, consultants, software developers, social workers, financial services and legal services professionals.

Commercial Property Coverage

Our commercial property insurance solutions protect your company from the risks related to your business assets, including buildings and improvements, stock and equipment. Our Kelowna property coverage experts will assist you in to identify the property risks you’re exposed to, and to develop proactive corporate insurance and risk management plan to adequately prepare and protect your business from an unexpected loss.

Commercial Automobile and Fleet

Our commercial fleet insurance solutions protect all your commercial-use vehicles including cars, trucks, vans and trailers. Our commercial auto package includes third-party liability costs for bodily injury and property damages, as well as physical damage to your vehicle arising from collision with another vehicle or object. It also provides compensation for medical expenses for the insured in case of accident.

Business Interruption Insurance

Business interruption insurance is designed to ensure the survival of your business during a loss, which could force you to halt operations either partially or entirely, and often for a significant period of time. Our Kelowna business insurance group has long been recognized as specialists in insuring business operations to mitigate loss of profits, customer, employees, along with potential damage to reputation.

Our cost-effective programs include coverage for direct losses to property, stock, lost income, and the timely replacement of assets. Our business insurance brokers have the expertise to assess your business’ financial risks, and developed a customized policy to protect your business, and also get you back on track after a loss.

Equipment Breakdown, Boiler & Machinery

Historically known as boiler and machinery insurance, the new name, equipment breakdown insurance (EBI) more accurately describes the provided coverage. Under traditional property policy, loss due to mechanical or electrical breakdown of nearly any type of equipment is typically excluded. EBI applies to the cost to repair or replace the equipment and any other property damaged by the equipment breakdown. Our Kelowna business insurance experts can review the EBI limits for your business, and can also help protect business income loss and extra expense loss.

Cyber Liability and Privacy Insurance

Most expenses that arise following a cyber attack aren’t covered by your commercial general liability policy. And they can add up fast – the average cost of a data breach in Canada is now $6.11 million. Acera Insurance provides leading risk-related solutions for today’s technological environments. Our cyber liability and privacy insurance solutions protect your company from the risks related to cyber hacking, or disclosure of private client information.

We understand the need for competitively priced programs that include coverage for repairs as well as legal costs of settling claims of privacy infringement. Our liability programs provide protection of customer goodwill by insuring against client complaints against products and services, and claims of injury. Our Kelowna-based cyber liability and private insurance group has the skills to assist you with evaluating your risks and find cost-effective solutions to protect your company against loss.

Excess & Umbrella Liability

Acera Insurance offers innovative insurance risk-related solutions for excess and umbrella liability. This type of loss is common to all companies (more so than large liability losses), and it makes good financial sense to minimize your exposure.

Our local team will work with you to understand all of your risks and exposures. We can determine a policy and a limit that is right for your business and will protect against losses that surpass your primary general liability limits.

Competitively priced commercial insurance for Kelowna businesses

We offer direct, personal service, and take the time to understand your needs so we can develop cost-effective solutions for your business. Plus, as the largest independent, employee-owned brokerage in Canada, we have connections with over 100 different insurance markets to ensure we can find the most competitive, top-quality commercial insurance solutions for you. With a wide variety of policies, options and deductibles available, your Acera Insurance Kelowna brokers will simplify managing your risks and protecting your assets.

How to get the best business insurance quotes in Kelowna?

The first step is working with a trusted, local insurance broker. Acera Insurance has roots in Kelowna and over 60 years of experience helping business owners and managers find the right insurance for their operational needs. We want to make the experience of getting insured as efficient and easy as possible. As such, we have multiple ways for you to get started: in-person, by phone or online. The choice is yours.

Independent small business & office insurance in British Columbia

Our comprehensive professional office programs go beyond general liability and property insurance, and offer many other coverage options, including:

• Equipment breakdown coverage (hardware, software, printers, medical equipment, etc.)
• Property risk – Lost income due to business interruption
• Crime insurance
• Identity theft
• Mobile device protection
• Contents coverage
• Medical payments coverage
• Professional fees coverage
• Dedicated Claims Support

Our competitively priced small business insurance programs feature 24-hour claims support, flexible payment options, and risk analysis to ensure correct coverage for your business needs.

Specialty programs for small business in BC:

Acera Insurance offers specialty insurance programs, including:

• Small Business Office insurance programs
• Travel Professionals/Tour Operators insurance program
• Veterinary insurance programs

Contact one of our Kelowna small business insurance advisors to learn more.