What Does Snow Plow Insurance Cover?

snow plow truck working in canada

Canada truly is a vast country with a lot of opportunities for many unique individuals. This is especially true for the citizens of the Ontario province. Being located so far north, the area is oftentimes exposed to harsh winter weather. Citizens will be constantly fighting snow, sleet, and bitter cold temperatures throughout the entire winter season. With winter already quickly approaching now would be the time to look into opening your very own lucrative snow plow business. However, before you just run out and start a business you need to understand how to protect yourself and your employees. There is simply no better way to do just that than with snow plow insurance.

Understanding Your Risks

The first thing you need to understand is that there are a variety of risks that any Snow Plow Company will be exposed to on a daily basis. As a snowplow business owner, you are going to be operating a vehicle with a snow plow attached to the front of your rig. This means there is always a chance that you could get into an accident, damage your client’s pavement or driveway, and hit a vehicle or an individual with snow or other debris. Even if you don’t damage anything there is a change that a client could make a bogus claim that you caused property damage.

This would eventually turn into an expensive and long drawn out lawsuit. Without the right types of snow plow insurance, it is possible that this could not only damage

your reputation as a company, but it might result in you filing bankruptcy. If you plan on operating several trucks at one time, you have to consider the fact that all your employees will be exposed to these same risks and this is why insurance is imperative.

What Is Snow Plow Insurance?

Snowplow insurance is a type of stand-alone policy that offers protection against many of the risks that you and your employees will be exposed to on a daily basis. This policy usually covers companies that are involved in clearing driveways, retail parking lots, apartment building parking lots, and private roads. Whether you are clearing a commercial parking lot or a residential driveway, this policy can offer the optimal coverage that you need.

insurance for handyman provided by canadian broker to cover third party claims, property damage, and bodily injury

Understand Your Coverage Options

Snowplow insurance can get confusing and this is because there are several different policies available. It is pertinent to understand each coverage option and what it has to offer your new company.

  • Liability Snow Plow Insurance – Liability snow plow insurance will protect you and your employees in the event that you cause property damage or bodily harm to a customer. For instance, if you are plowing a residential driveway and accidentally crack a large in the pavement or damage the front porch, they are going to want compensation. Liability snow plow insurance will offer that compensation. It will also protect you in the event that you cause a customer bodily harm. If you accidentally hit a customer or injure him or her with flying debris, this policy will cover all or most of the medical cost incurred. 
  • Collision And Comprehensive Coverage Insurance – Collision and comprehensive insurance is really unique. This is another policy that you are going to want to invest in, because it actually covers the snow plow equipment. Plowing equipment is by no means cheap and it is essential for the day-to-day operation of your business. Customers won’t hesitate to call another provider if you can’t make it because your equipment is broke down. Collision coverage will pay to replace your plow equipment if it is damaged in an accident or if it is damaged during a snowstorm.

Other Types Of Coverage Available

As you can already see, liability and collision insurance are without a doubt necessary to protect your business, but it is not the only type of insurance that you need to invest in. Unfortunately, if you are using your own personal vehicle, your regular auto insurance will not provide the type of protection and coverage that you need in the event of an accident. You are going to need commercial auto insurance for every truck that you have on the road.

This type of insurance will protect you in the event that you are in an accident and found to be at fault. While there are a number of coverage options available, the most basic will pay for the cost of repairing or replacing the individual’s car that you hit. It will also cover most or all of the other driver’s medical expenses. There are some commercial auto insurance policies that also offer protection against theft and vandalism to your company vehicles.

Another type of coverage that you need to consider is workers compensation insurance. You can take all the precautions you want, but there is always a chance for accidents and they occur all the time. This type of policy is necessary for any business that is going to have employees. Just remember that these policies will vary from province to province. For instance, it is required by law to have this policy, if you have employees in both Alberta and Ontario, but the requirements and coverage amount might be different.

This is why it is always important to work with a highly trained insurance professional who is familiar with the exposures a snow plow business faces daily. Workers compensation manulife financial providing disability for snowplowers insurance will protect your employees in the event that they are injured on the job. It can pay for their medical expenses and lost wages, which are expenses that you will be required to pay out-of-pocket if you chose to not get covered. Policies from Manulife will even offer survivor and permanent disability benefits in the event that the employee dies or is permanently disabled due to the injuries they sustained on the job.

Always Acquire The Right Amount Of Coverage

Not only is getting the right types of policies important to protecting your company, but getting the right amount of coverage is just as important. Insurance is expensive and most businesses try to skimp by acquiring the lowest amount of coverage possible, but this really isn’t the right approach to take in this situation. Your policy will only offer as much financial coverage as you are paying for. For instance, if you have liability coverage of $10,000, but do $30,000 worth of damage to a client’s car or driveway, your policy will only cover the $10,000 of the damages.

Speak with a licensed insurance broker in Ontario to determine the appropriate coverage for your business. Your best bet will be a customized policy that offers both coverage for you and your employees, as well as your equipment and business property.

snow plowing company must have $2,000,000 coverage before taking on Ontario jobs

How To Avoid Some Of The Most Common Business Insurance Mistakes

The smallest ones can cost the most

If you run or operate a small business in the Ontario area, you already know that finding the right business liability insurance can be difficult. This is especially true if you are a small business owner. There are just so many different providers and numerous types of policies available that can make your head spin. Every company probably tells you that they have your best interest in mind, while all you care about is protecting yourself, your business, your customers and your employees. Luckily, finding the best business insurance for business in Canada doesn’t have to be that complicated as long as you know where and what to look for. Below, you will learn how to avoid some of the most common mistakes that are made by businesses when seeking business insurance.

Cheaper Might Not Be The Best Route

As a business owner, you are probably always watching your bottom line and trying to come up with ways to improve it. Due to this fact, it might be highly tempting to go with a provider save money vs your businessthat is offering you the lowest rates. Unfortunately, this can be a major mistake that you will want to avoid. You have to ask yourself, “Why is this provider so much cheaper?” Most business owners don’t discover the answer to this until it comes time to file a claim. Providers that offer cheaper coverage are usually able to do so because they don’t cover basic injuries and property damage. Instead, of looking to save a little bit of money in this area, you should make sure that you are doing in-depth research on the different providers such as Travelers Canada and the type of insurance coverage that they are offering.

Is All That Coverage Necessary?

Every business owner wants to be prepared for any situation, but there are times when over preparing can be too costly. You probably think that it makes sense to get the most coverage possible and be covered for any future situation, but the truth is that you could just be throwing away money. There really is no reason to have flood or natural disaster insurance if you don’t live in an area that is prone to flooding or natural disasters. In order to make sure that you have the right type of coverage for your business, you and your business partners need to sit down and evaluate your risks. Many experts will tell you that most insurance companies will encourage you to obtain coverage that you probably do not need.

Find A Trustworthy Expert To Work With – Example Wo

team of brokers in Canada

When it comes to business insurance, most business owners will try to do everything on their own. However, business insurance can be extremely complicated due to all the different policies available. And, it usually just ends up with the owner rushing through the process just get it over with. Instead, you need to look for a reliable and dependable broker that can provide you and your business with the advice and insight that you need. A broker is usually someone that works as an independent party that is not at all associated with insurance companies, so they will truly have your best interest in mind.

Along with this, a good broker can evaluate your business and help you determine exactly which types of policies that you need in order to be prepared for the future.

Consider Bundling Your Policiesinsurance policy for business

It is highly possibly that you will probably get all your coverage through the same provider, which can be an extremely good thing. This will allow you to bundle all of your property and liability insurance policies together, so that you can lower your premiums, while maintaining the same amount of coverage.

Make Sure Your Coverage Is High Enough

As mentioned above, it can be a bad thing to have policies that you don’t need, but it can also be bad to not have enough coverage. For instance, you might have coverage on your building, but are you covered for all your assets? Will your policy be able to cover your inventory, supplies, equipment, uniforms, signs, computers, desks, and all of your other business belongings? It is always imperative to make sure that you have the ample amount of coverage in any situation, otherwise you might not be able to get reimbursed for what you are truly owed in the event of a theft, disaster, or incident.

Why Every Architect Needs To Obtain Error And Omissions Insurance

architects liability insurance

There are lots of jaw-dropping buildings and skyscrapers in the Ontario area. While most people enjoy gazing at these buildings, they don’t realize all the work and designing that went into the construction process. As an architect, the designs and calculations that you make are expected to last a lifetime and withstand all kinds of wind, rain, and sleet damage. When factoring in all of these conditions and dealing with a wide array of digits, it can be easy to make a mistake. This error could potentially result in your client spending thousands of dollars to rectify the issue, which could result in a major lawsuit.

Helps Promote Business

While E&O insurance broker company can protect you and your clients, it is also a huge selling point. Just the simple fact that the consumer knows a reputable agent covers you, will make them feel more adamant about your integrity and the services that your company offers. By just holding a policy like this one, you will open your doors to tons of new potential customers.

Protect You From Your Employees

Every boss always tries to keep a close eye on his/her employees, but it is impossible to oversee everything they do all the time. If one your employees gives bad advice or makes a mistake on a design, it is going to fall back on you. A serious situation like this could potentially lead to lawsuits. An errors and omissions policy will cover the costs of the litigation team effort and the final settlement amount.

employees lawsuit insurance

Scrupulous Lawsuits

Regardless, of how many times you check your calculations, designs, and go over them with your client, you still may find yourself in court. Even when the court proceedings are over and you are found not liable, there is still the matter of all those court costs and lawyer fees. Without this type of coverage, you would be looking at a massive monetary loss. An event like this could cripple any company, especially if the business owner is forced to pay the costs out of pocket.

Avoiding Claims

Every building developer knows the risks of their business. They also know that avoiding customer complaints and claims in virtually impossible. One of the best ways to avoid a claim, before it turns into a lawsuit is by communicating with the customer and constantly updating your Canadian Liability Insurance company. Figure out a way to resolve the issue, even if it means making the necessary alterations. Sometimes customers can ask too much from the business owner in these types of situations. However, it is still in the business owner’s best interest to rectify the issue, before it escalates into a civil lawsuit.

Getting Covered

It is never too early to obtain errors and omissions insurance coverage. Many amateur building developers will rush into the business, without giving a second thought to the risks. Developers are responsible for overseeing the design and construction processes, while working with a group of contractors and subcontractors. Even though the contractor is bonded, any damage related to a mechanical, design or technological error will remain the developer’s responsibility.

General Contractor Insurance: 3 Tips For Choosing The Right Insurance Company

Are you a general contractor and you are searching for the right insurance company? You face different risks every day as a general contractor. You might be sued for poor workmanship or injure yourself when you are working. That is why it is important for you to choose the right general contractor’s insurance company.

The bad news is that most general contractors do not how to select the right insurance company. Know that is very easy to select the right company and you are going to learn all the top tips in this article.

Here are the top tips for choosing the right general contractor’s insurance company.

1: Licensingconstruction worker buying insurance

The first thing that you need to do is to check whether the insurance company you want to choose is licensed to work in your state or not. Use only the companies that are licensed in your state. These are the companies that will help you when you have a problem. Avoid those ones that have not been licensed to work in your state.

2: Price

Check the insurance policies and prices of the companies you want to use. It is important to get quotes from different insurance companies. The companies will provide you with different quotes, so you should use the ones that you can afford. Do not use the ones that are out of your price range.

3: Service

The insurance company you want to use should answer your questions quickly and it should handle your claims quickly, efficiently and fairly. How do you know this? Talk to the previous clients of the insurance company you want to use. These clients will tell you a lot about the company. You will know if the general contractor insurance’s company handles the claims quickly.

The insurance companies that you might want to avoid are those that have poor customer service. Focus only on the ones that have excellent customer service.

4: Comfort

Make sure that you are comfortable with your insurance purchase. There are some companies that might rush you to make a decision. You won’t feel comfortable with these companies. Ensure that you can contact the company easily when you have a problem or a question. The companies that are hard to communicate with are not the best. They won’t help you when you have a problem.

5: Experience

The best general contractor insurance companies are those that have been in this business for more than a decade. They have a proven track record and they are cheap. You will never have a problem with these companies. You should not focus on the insurance companies that were started recently.

These are the tops for finding the right general contractor insurance company. General contractors usually take a lot of time to select the right company. You do not have to waste your time anymore. Use the tips above to make the right decision. You can also ask someone to refer you to the best insurance company.

Guide For Making A Claim Under A Surety Bond

How do Claims work?

As a resident of Canada, you should understand that surety bonds are put in place to protect you! If you feel that your service provider has wronged you, it is a good idea to consider filing a complaint under the surety bond. This is undoubtedly one of the best ways to seek reimbursement from your losses. Of course, the process of making a claim is unknown to many individuals. Below, you’ll learn how to make the claim, so you can seek reimbursement, without delay.

Refer to the video below for an example on how payment bond claims work.. you will get an idea of how generally claims work.

How It Works

In order to get a better understanding of surety claims, you should learn precisely how this process works. When the obligee feels the need to file a claim, they’ll make contact with the surety bond company like They’ll provide the company with the information needed and the surety will begin conducting an investigation. At this point, the outcome will be out of the hands of both the obligee and the principal. The end result will depend on the surety, their investigation and their opinion.surety bonding claims

If they agree with the obligee, they’ll immediately reimburse this individual or company. Then, they’ll turn to the principal and try to recover their own losses.

Potential Conditions

Although it will ultimately depend on the specific bond in question, there will be a few potential conditions, which much be met before you can file your claim. Below, you’ll find a breakdown of the three most common.


  • The obligee will need to formally declare the principal to be in default according to the terms and conditions of the original contract.
  • The above information must be accurate and the principal must actually be in default.
  • The obligee should have fulfilled their requirements and commitments as set forth in the contract.


Surety’s Choices

Once the surety has acquired and confirmed the above information, they’ll need to make a choice in regards to the outcome. Generally, the surety will be able to choose between four courses of action. The four possible outcomes will be listed below.


  • Payout – In many situations, the surety will opt to pay the obligee to end the claim. With this solution, the obligee will receive the amount of the bond or the amount needed to complete the project.
  • Setup Completion – The surety may also decide to arrange for the project to be completed. In this type of situation, the surety will remove the principal from their duties and will replace them with a more capable company.
  • Remedy – Or, the surety may opt to try and remedy the situation. If this happens, they’ll mediate between both parties and will attempt to convince the obligee to drop their complaint, while forcing the principal to continue and complete the project.
  • Complete – The surety also has the right to take over the project. They can enter into a contract with the obligee and assume the contractor’s original responsibilities.


Documents To Submit

If you wish to file a bond claim, there will be an array of documents that you’ll need. First and foremost, you’ll need a copy of the contract, as well as copies of change orders and progress billings. Usually, you will also need to write down your complaints and submit the written argument along with the other documents.

claim form for insurance

When A Surety Will Not Respond To A Claim

As a customer, it is important for you to understand that there are certain cases in which a surety company may not approve your claim. For instance, if proper research has been done and there has been no factual evidence that the principal broke his or her agreement, the surety company will not grant your claim.

Another situation, in which a surety will respond to your claim, is if you are requesting the contractor to do certain work that he or she feels is not in scope of the contract, even though you may feel differently. This is oftentimes something that can be resolved between the principal and the obligee. If the two parties cannot solve the issue, then it can be taken into the court system.

Everything You Should Know About Renewing Your Surety Bond

How do Renewals Work?

If you’re a surety bondholder, you need to understand that you’re not out of the woods yet. The truth of the matter is that bondholders will need to perform a few tasks regularly, in order to maintain the validity of their surety bond. One thing that many bonded people fail to grasp is the fact that surety bonds will not last forever. The good news is that the renewal process is fairly simplistic and shouldn’t give you a lot of trouble. Below, you’ll learn more, so you can be prepared to renew right on time.

Do Surety Bonds Expire?

If this is your first time, applying for a surety bond, you are probably not familiar with many of the aspects revolving around these financial instruments. One of the many questions that contractors will ponder on is whether or not the surety bond expires. Well, they do expire and oftentimes the date of implementation is also the expiration date. This basically means that the agreement will expire 365 days from the day that the bond was put into effect.

What Is A Surety Bond Renewal?

A surety bond renewal is basically, just an extension of the existing surety bond that is already placed with a reputable surety company. All security bonds are only valid for a specific amount of time and have to be renewed annually or sometime thereafter.Bonding renewals

Unfortunately, before the renewal process can be completed, your company will have to undergo another evaluation. However, the good thing is that the principal will not have to sign another indemnity agreement and a new bond will not have to be issued. Instead, the existing bond can be extended for another given time period.

There are some cases in which the obligee may require a new bond, but this is not very common.

How Will You Know?

Some surety companies will make this process much easier on you. Others will require you to manage your own affairs. So, this will truly depend on the surety providers. However, you should know that there are some out there that will send you a notification in the mail. Others will do so through email. If you’re working with a provider, which forces you to do this on your own, you’ll want to put measures in place to remind yourself of the expiration date. This can be done fairly easily, by utilizing technology to your advantage.


Remember that surety bonds do expire and you will want to take action, before it is too late. Be prepared to renew your bond every year, as this is usually the duration.

Dont be late on renewal pic