Affordable Liability Insurance For PEI

Servicing all areas of PEI including: Charlottetown, Stratford, Cornwall, Winsloe, Montague, Summerside, Kensington, Morell, Mount Stewart, Souris, Murray River, Murray Harbour, Belfast, Rusticoville, Borden-Carleton, Crapaud, O'Leary, Alberton, Tignish, Wellington, Mont Carmel,
​Miminegash, Cavendish, Saint Louis and surrounding areas.

Join over 65,000 Canadian business owners that trust Zensurance!

The Atlantic Business Federation and Zensurance have partnered to offer you competitive rates on 100s of industry-specific
business insurance packages. Get your free quote today! It’s easy and takes only a few minutes.

What does Business Insurance cover?

Business insurance is an umbrella term used to describe common types of insurance business owners require to cover costs associated with third-party liability lawsuits or claims.
Explore the following insurance policies for specific coverage information:
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  • Commercial General Liability Insurance (CGL) provides financial protection against claims or lawsuits alleging third-party bodily injury or property damage as a result of your business operations.
  • Professional Liability Insurance, also known as Errors and Omissions Insurance, protects professionals against claims or lawsuits alleging negligence, errors, omissions, or failure to deliver a service as advertised.
  • Product Liability Insurance protects against claims or lawsuits alleging third-party bodily injury or property damage due to a product you sold or manufactured.

Additional Coverage
  • Commercial Property Insurance covers for physical loss or damage to your property (rented or owned) and its physical contents due to an external disaster, such as a fire, theft, or vandalism
  • Cyber Liability Insurance provides financial protection against network security and privacy issues, such as a data breach. It also covers damage to computer and data infrastructure systems.
  • Directors and Officers Liability covers costs associated with indemnification, losses or legal defence against an individual who serves as a director or officer for the board of a corporation, whether it’s for-profit or non-profit, public or private

Who needs Business Insurance?

Regardless of size or industry, insurance is critical for the long term survival of your business.
Business insurance provides coverage for the financial costs associated with unforeseen events such as damage caused to third parties, accusations of professional negligence or defective products.

Your business is unique and your coverage will vary. Speak with your broker to find a policy to suit your needs.
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Read about four examples where insurance saved a startup.

What is the cost of Business Insurance?

For a low-risk small-business, you can anticipate spending approximately $650 annually on a basic commercial general liability insurance policy with a $2M limit.

The amount of coverage you require varies, as does the price of your premium. A number of factors are taken into consideration when determining the cost of an insurance policy, such as:
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  • Industry
  • Risk Exposure
  • Years of Experience
  • Location
  • Number of Employees
  • Revenue
  • Claims History
Read more about how much business insurance costs

Benefits

Best coverage for the best price

​We’ve partnered with Canada’s largest insurance companies to provide the most competitive business insurance rates for you.
Let us do the shopping around

We want you to focus on running your business, and leave the hassle of shopping around to us.
24/7 online service

You don’t need to call, meet, mail or fax us anything. You can use our service anywhere at anytime.
Your information is protected

Any information you provide to us is fully encrypted and only shared securely with your insurance company.
Your business is special to us

We know what makes your business unique and we will find the best fit for your insurance needs.
Understand your coverage

We don’t use fancy insurance jargon. We explain in plain English what coverages you need and what you are covered for.