Coverage for your buildings, equipment, contents and stock
Whether you own or lease the building you operate your business from, we have the right combination of coverage and options to keep things running.
Your business insurance includes broad coverage to protect your building and contents.
If you own your building, our policies cover the actual structure, as well as any permanent fittings,
fixtures or extensions.
If you rent or lease, it covers any improvements you make as a tenant.
When it comes to what’s inside the building, contents insurance covers your stock, equipment, furniture and
Choose from our basic and customized protection for your property, contents and other items against loss, damage
You can also choose from our available endorsements to tailor your policies to your needs, including coverage for
earthquake, flood, sewer backup, and more. See a list of our most common Business property coverage options
Your local Co-operators Financial
Advisor will take you through the many ways we can help protect your business property and design a
policy to suit your needs. Contact your Financial Advisor today. Business property coverage options
Customize your Business Property insurance coverage with options that best suit your needs and type of
Replacement Cost Endorsement
Changes the basis of settlement to pay for losses based on the cost of repairing or replacing the insured
buildings and/or contents, without deduction for depreciation. Some exceptions apply; ask your advisor for
Adds coverage for additional costs incurred if you have to repair or rebuild your damaged property to comply with
any by-laws or zoning laws, if the cause of damage is covered by your policy.
Consequential Loss Endorsement (Including Off Premises Service Interruption)
Adds coverage for stock spoilage if the cause of loss or damage due to a change in temperature or humidity. This
also includes coverage for loss or damage caused by an off-premises power interruption.
Earthquake Shock Endorsement
Adds coverage for loss or damage to your insured property from earthquake.
Flood and Sewer Backup Endorsement
This endorsement protects against water damage from floods and sewer backups. Covered events include flooding
caused by the rising of, breaking out, or overflow of any natural or man-made body of water, including waves,
tides, tidal waves and tsunamis, and by water or natural precipitation temporarily diffused over the surface of
the ground. Protection also extends to water damage caused by the backup of sewers, sumps, septic tanks or
drains. Both flood and sewer backup exclude continuous or repeated leakage or seepage of water.
Sign Floater Form
Adds Actual Cash Value coverage for your exterior signs, street clocks, communication towers, antennae and
Miscellaneous Property Floater Broad Form
This option provides Actual Cash Value coverage for items that might be mobile and are not already covered under
your policy. Coverage applies on or off premises anywhere in Canada or Continental United States. This option
also includes a locked-vehicle warranty.
Cargo Floater Broad Form
Provides coverage if you are paid to transport property that belongs to other people, or to transport your own
goods in vehicles that you own and operate.
Contractor's Equipment Floater Broad Form
If you are a contractor, this option provides broad coverage for your equipment, or the equipment of others for
which you are legally liable.
Tool Floater Broad Form
This option provides broad coverage for all tools and equipment usual to your trade or business, including but
not limited to saws, spades, drills, ladders, hammers, brushes, drop cloths and ratchets that are used on or off
premises. Coverage applies anywhere in Canada and the Continental United States. This option also contains
a locked-vehicle warranty.
Commercial Advantage Endorsement
With our Commercial Advantage Endorsement, you’ll receive a full package of coverage options normally
available separately. Ask your advisor for details about what’s included:
Brands and Labels
Exterior Signs including Street Clocks, Communication towers, Antennae and Satellite Receivers
Fire Department Service Charges
Fire Equipment Recharge
Glass ($500 deductible)
Master Key ($500 deductible)
Newly Constructed Buildings at the Insured’s Premises
Stock Spoilage (Consequential Loss Including Off Premises Power)
Valuable Papers & Records
Building Damage by Theft
Growing Plants, Trees, Shrubs or Flowers Outside the Building
Land and Water Pollution Clean Up
Money and Securities
Moulds, Dies and Patterns
Peak Season Increase
Personal Property of Officers and Employees
Roadways, Walkways and Parking Lots
Newly Acquired Locations
Property in Transit
Temporary or Unnamed Locations