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What Ontario Commercial Insurance Does Not Cover

Boardwalk Insurance Nov 12, 2024

Coverage is powerful, but it is not unlimited

Most commercial policies respond to sudden and accidental losses. Many business owners are surprised when a claim is denied because the issue was gradual, excluded, or never added by endorsement.

Common exclusions to understand

• Wear and tear, maintenance issues, and gradual deterioration • Intentional acts, fraud, and illegal activity • Certain pollution events unless specific coverage is added • Tools and contents in vehicles unless scheduled under property coverage • Some water related losses unless the right endorsements are in place • Regulatory fines and penalties in many situations

How to reduce surprises

• Review policy wording annually, not only the certificate • Confirm what is excluded for your industry and add endorsements where needed • Update values and operations so the policy reflects reality

Talk to Boardwalk

If you want a plain language exclusions review, we can walk through the parts that matter most for your operation and identify the endorsements that close the biggest gaps.

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