Is it required to purchase RV/trailer insurance?

Recreational vehicle owners must purchase an auto insurance policy under Ontario law as it can be operated independently on the road. However, owners who choose to live out of their RV or motorhome may also purchase secondary insurance policies that provide coverage against property damage. On the other hand, travel trailers towed by a vehicle do not require insurance. In contrast, being operated on the road, as the owner’s auto insurance will extend to the trailer.

If my trailer is a modified van, do I need to acquire RV insurance?

Building your own modified van is a great accomplishment that provides you with the freedom to live and travel across the continent with ease. While you do not need to purchase RV insurance for your modified vehicle, it is highly suggested you do so.

Will this policy cover my RV from any malfunctions on the road?

Like many vehicles, basic RV insurance will generally come with the following policies included: Liability Coverage, Collision Coverage , Comprehensive Coverage

Is my auto insurance coverage going to include trailer insurance?

As travel trailers require towing from a motor vehicle to operate, your auto insurance plan will extend to your trailer when it is in motion. However, once your travel trailer is parked and detached from its towing vehicle, most auto insurance policies will not cover your trailer. Additionally, while your auto insurance plan provides coverage to the trailer itself, it typically will not provide coverage for items stored within it.

Commercial Property Insurance

Coverage Uniquely Designed for Property Insurance

Protect your business with commercial property insurance from Bevan Insurance. We offer coverage for businesses in Ontario.

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Ontario Commercial Property Insurance

Let Us Be Your Expert for Commercial Property Insurance

Assure your business is protected against losses, damages, and lawsuits with comprehensive commercial property insurance in Ontario. If you own or lease commercial property to conduct your daily business activities, it is essential that you operate under an insurance plan that protects your interests and assets at all times.

With over 20 years of experience, the team at Bevan Insurance consists of leading insurance specialists who are well-equipped with the knowledge and skills needed to provide you with high-quality insurance solutions you can rely on. As an independent insurance brokerage, we have access to several insurance companies and are able to provide business owners with unbiased guidance in order for them to craft an insurance portfolio based on their unique needs.

Get a free quote with Bevan Insurance today!

What is commercial property insurance?

Commercial property insurance provides businesses with all-inclusive protection. This includes:

Contents: Covers the cost of damages and replacements due to theft for all contents and belongings that are stowed on the premises of your commercial business property.
Interruption of business: In the event that your business is forced to shut down for an extended period of time due to unexpected circumstances, this policy coverage will cover monetary losses and equip you with help in getting your business back open as soon as possible.
Equipment: In the event that your business relies on heavy machinery or equipment, this insurance coverage will cover the cost of breakdowns or complete failures that result from an insured cause.
Structure: Prevents out-of-pocket payments for any loss or damage to your business structure caused by fires, equipment malfunctions, accidental breakage, natural hazards, and other insured hazards.
Property in transit: Property in transit protects your business property, including products, against losses when it is being transported on your business property and while it is in transit to a secondary location.

Additional Coverage Options

Further, beyond fundamental commercial building insurance coverage, business owners also have the opportunity to purchase additional coverage options to their insurance portfolio that provide their commercial property with further protection. This includes:

Damages caused by flooding and other related water damage
Damage caused by earthquakes or other natural disasters
Damages caused by sewage back

What does Commercial Property insurance cover?

Commercial property insurance is designed to protect commercial properties against losses and damages, including:

Fire damage
Accidental breakages
Damage triggered by falling objects
Natural hazards such as earthquakes, hurricanes, and hail
Vandalism or theft
Equipment malfunctions

Whar are the benefits of commercial property insurance?

There are numerous benefits commercial property insurance can provide you as a business owner. One of the most essential advantages this type of insurance offers is the ability to prevent out-of-pocket expenses for repairs or replacements in the event your business property, personal belongings, or equipment suffers an insurance loss. Not only can this provide you with peace of mind knowing that you’re comprehensively covered during your day-to-day operations, but it also ensures that you are able to expand your business confidently for the future.

Lastly, with a comprehensive commercial property insurance policy, business owners can get back on their feet should a peril occur on their property by helping you mitigate any long-term effects of your loss so you can maintain your business reputation and continuity with your customers, which is why if you’re a business owner, commercial property insurance is a viable solution to protect your assets and interests.

How does commercial property coverage work?

Commercial property insurance provides your business with financial coverage for physical loss or damage to your commercial property, including any physical contents that are stored on the premises of your property that results from external disasters, such as theft, vandalism, or fire.

On the other hand, you may also wish to purchase the following business insurance policies on top of your commercial property insurance, including:

Commercial general insurance
Errors and omissions insurance
Cyber liability insurance
Directors and officers insurance

What Factors Affect Commercial Property Insurance Costs?

At Bevan Insurance, we understand that not all commercial properties or businesses are the same. Therefore, the cost of your commercial property insurance in Ontario will vary depending on several factors. These factors include:

The type of commercial property you have
The location of the commercial property
The type of business you own and operate
Whether you have any previous insurance claims
The age and current condition of your property

Do you need commercial property insurance for your business in Ontario? If so, the insurance team at Bevan Insurance is able to provide you with assistance.

Get a free quote for Ontario commercial property insurance today!

Welcome to Bevan Insurance

Clients we have helped over the years

Amateur Motocross Ontario

A&W High Voltage

Woodbeck Auto Parts Ltd

Zenetec Collision Insurance

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Our Case Study

Who We’ve Helped

A commercial account also owns the adjacent house to their business location that was used as a rental property. Unfortunately the insured suffered a major loss when the rental property caught fire and was destroyed. In conversations with our insured throughout the claim they told us they were thinking of accepting a cash payout from the insurer instead of rebuilding the property.

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