Verdant Insurance · Business guide
Retail insurance.
Your quote checklist.
Opening a shop or reviewing your coverage? Prepare these details before requesting retail business insurance in Markham or elsewhere in Ontario.
1. Describe your shop
Tell us what you sell, where you operate and when you need coverage. Include online sales, deliveries, repairs or installation work.
2. List what needs protection
- Stock: typical values and seasonal peaks.
- Equipment: computers, shelving and point-of-sale systems.
- Improvements: renovations or fixtures you are responsible for.
Also mention goods in storage, in transit or away from the premises. These should not be assumed covered.
3. Share your lease requirements
Send the landlord’s insurance clauses and certificate instructions. Your broker can review requested limits and additional insured wording. The landlord’s policy should not be assumed to protect your business assets.
4. Plan for an interruption
What expenses would continue if insured damage stopped you trading? Ask about business interruption coverage, its triggers, limits and time periods. A closure does not automatically qualify for payment.
Your quick document checklist
- Current insurance documents, if available.
- Lease insurance requirements.
- Revenue and staffing estimates.
- Stock, equipment and improvement values.
- Claims history requested by your broker.
Ready to review your options?
Verdant Insurance is based in Markham and assists Ontario businesses. Start with your shop’s location, business type and intended coverage date.
Coverage and pricing depend on underwriting and policy terms. An enquiry does not bind insurance.
Further reading: IBC’s business insurance guide.
