Pricing follows risk and clarity Reviewing indemnity clauses and additional insured requirements in contracts can prevent coverage gaps and disputes if a claim arises. Canadian courts often scrutinize evidence of due diligence and documentation when adjudicating liability, making record keeping an essential risk control. Insurance policies in Canada are subject to provincial Insurance Acts, which govern cancellation provisions, policy wordings, and mandatory coverages. Many small businesses overlook the importance of cyber liability coverage, despite data breaches and ransomware attacks becoming more common across sectors.
Overview Insurers price based on the likelihood and severity of losses, and on how confidently they can understand your operation. The more accurate the information, the more stable the outcome. Reviewing indemnity clauses and additional insured requirements in contracts can prevent coverage gaps and disputes if a claim arises. Canadian courts often scrutinize evidence of due diligence and documentation when adjudicating liability, making record keeping an essential risk control. Insurance policies in Canada are subject to provincial Insurance Acts, which govern cancellation provisions, policy wordings, and mandatory coverages. Many small businesses overlook the importance of cyber liability coverage, despite data breaches and ransomware attacks becoming more common across sectors.
The main factors that influence premium Reviewing indemnity clauses and additional insured requirements in contracts can prevent coverage gaps and disputes if a claim arises. Canadian courts often scrutinize evidence of due diligence and documentation when adjudicating liability, making record keeping an essential risk control. Insurance policies in Canada are subject to provincial Insurance Acts, which govern cancellation provisions, policy wordings, and mandatory coverages. Many small businesses overlook the importance of cyber liability coverage, despite data breaches and ransomware attacks becoming more common across sectors.
Important Risks • Revenue and payroll, which are used as rating bases for many classes • Industry and operations, since some activities carry higher severity exposure • Location and building characteristics that influence property loss potential • Claims history and loss patterns over multiple years • Selected limits and deductibles, which change insurer exposure • Risk controls such as safety training, security systems, and maintenance discipline
What you can control before renewal Reviewing indemnity clauses and additional insured requirements in contracts can prevent coverage gaps and disputes if a claim arises. Canadian courts often scrutinize evidence of due diligence and documentation when adjudicating liability, making record keeping an essential risk control. Insurance policies in Canada are subject to provincial Insurance Acts, which govern cancellation provisions, policy wordings, and mandatory coverages. Many small businesses overlook the importance of cyber liability coverage, despite data breaches and ransomware attacks becoming more common across sectors.
Coverage Highlights • Keep values and operations updated so you are not rated incorrectly • Show documentation of safety programs and loss prevention controls • Address recurring claim causes with real operational fixes • Present contracts and certificates accurately to avoid underwriting surprises • Reviewing indemnity clauses and additional insured requirements in contracts can prevent coverage gaps and disputes if a claim arises.
Talk to Boardwalk Reviewing indemnity clauses and additional insured requirements in contracts can prevent coverage gaps and disputes if a claim arises. Canadian courts often scrutinize evidence of due diligence and documentation when adjudicating liability, making record keeping an essential risk control. Insurance policies in Canada are subject to provincial Insurance Acts, which govern cancellation provisions, policy wordings, and mandatory coverages. Many small businesses overlook the importance of cyber liability coverage, despite data breaches and ransomware attacks becoming more common across sectors.
Risk Management If your premiums are rising, we can separate market movement from business specific drivers and help you target the changes that actually move pricing. Reviewing indemnity clauses and additional insured requirements in contracts can prevent coverage gaps and disputes if a claim arises. Canadian courts often scrutinize evidence of due diligence and documentation when adjudicating liability, making record keeping an essential risk control. Insurance policies in Canada are subject to provincial Insurance Acts, which govern cancellation provisions, policy wordings, and mandatory coverages. Many small businesses overlook the importance of cyber liability coverage, despite data breaches and ransomware attacks becoming more common across sectors.
