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 Articles

Welcome to the Summit Insurance blog. View all Protect articles. Here you'll find valuable articles tailored to your business needs, so you can continue scaling your business and be ready for whatever comes next.

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Mitigating Business Risks in 2025: A Guide for Canadian Businesses

Risk is an inevitable part of doing business, but how a company manages those risks can determine its success or failure.

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Navigating the Canada-U.S. Tariff War: A Practical Risk Management, Insurance, and Employee Benefits Guide for Canadian Businesses

The trade dispute between Canada and the United States is causing significant disruption for businesses across Canada.

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How to Choose the Best Insurance Broker in Ontario: Tips from Industry Experts

As a business owner in Ontario, navigating the complexities of commercial insurance can be overwhelming.

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How Venture Capital & Private Equity Insurance Protects Firms?

Learn How Venture Capital & Private Equity Insurance Protects Firms from financial loss, liability, and risks, ensuring stability and growth for businesses!

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Inhale, Exhale, Insure: Protecting Your Breathwork Business

With the right breathwork insurance portfolio, you can inhale confidence and exhale worries

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Protecting Your Mobile Workforce: Insurance Considerations for Contractors with Off-Site Equipment and Tools

As a contractor, you can't afford to have costly equipment and tools stolen or damaged when left unattended at job sites.

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Mitigating Slip-and-Fall Claims: Best Practices for Snow Removal and Liability Management in Residential Communities

By analyzing past liability events, property managers can implement improved policies, training, contractor management, and overall risk mitigation strategies to prevent history from repeating itself.

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Summit Commercial Solutions Launches Multi-Family Risk Management and Compliance Solution

This program marks our first offering of a comprehensive, technology-focused, suite of Risk Management and Insurance solutions solving some of the biggest problems for Canadian REITs, Property Managers and consumers.

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Why Liability Insurance is Crucial for Building Maintenance Contractors

Why is carrying liability insurance as a building maintenance contractor important?

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Navigating Climate Change: Challenges and Insurance Strategies for Canadian Businesses

2023 has been a defining year for Canadian businesses in the context of climate change. Record-breaking wildfires, intensified by climate change, have swept across the country, signaling a wake-up call for corporate Canada.

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The Imperative of Tenant Insurance in Retirement and Care Homes

In recent years, the emphasis on tenant insurance in retirement and care homes has magnified considerably.

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Cybersecurity Crises 2023: Navigating the Insurance Landscape

The digital realm in 2023 is increasingly becoming a double-edged sword. On one hand, it’s driving business innovations, while on the other, it’s opening up a can of cyber vulnerabilities.

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Insurance Amid Infernos: Navigating the Turbulent Weather of Change

The recent spate of extreme weather events across the globe is a stark reminder of the changing climate and its far-reaching impacts. From raging wildfires to catastrophic flooding, these natural disasters have left a trail of devastation in their wake.

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Understanding the Impact of Risk Management on Your Business's Commercial Insurance Costs

Business owners know that risk management is critical to the success of their company. But what many don’t realize is that risk management is also a key factor in controlling insurance costs.

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Is Cyber Liability Coverage Necessary for Your Business in Kelowna?

As a business owner or CFO, you're always looking for ways to reduce costs and improve your bottom line. One area you may be considering is whether or not to purchase cyber liability insurance. But is it really necessary?

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The Essential Guide to Business insurance in Kelowna

As a business owner, it's important to have the right insurance in place to protect your business. But with so many different types of insurance available, it can be difficult to know what you need. That's why we've put together this guide to business insurance in Kelowna.

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3 Simple Steps to Mitigating your Risk for Real Estate Asset Managers

As an asset manager, property developer or building owner, you are constantly faced with managing risk. In this blog post, we will explore 3 key steps for managing risk in the real estate industry.

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HVAC Contractors and Pollution Liability

An oil leak can be financially devastating to an HVAC contractor if it creates a pollution incident.

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What does it mean to work with an independent insurance broker?

If you're shopping for insurance, you may be wondering whether it's better to work with an independent broker or a larger brokerage group. There are pros and cons to both, but ultimately it comes down to your business goals and what fits your unique needs.

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What risks do HVAC manufacturers face, and how can they be mitigated?

No business is immune to risks, but by taking proactive steps to manage those risks, you can help protect your HVAC manufacturing business. Insurance is one important tool that can help mitigate the financial impact of claims should they occur.

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Restaurant Insurance - How to Protect Your Investment

When you are looking for restaurant insurance, it is important to find a policy that meets your specific needs. There are a few key coverages that are important to restaurants, and you should make sure that your policy includes these coverages. At Summit Commercial Solutions, we can help you find the right coverage for your restaurant at a competitive rate. Contact us today to learn more.

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Three Risk Management Tips For Your Restaurant Business in 2022

With the world beginning to return to normal and clientele activity increasing daily, the last thing you need is an unexpected accident slowing you down.

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How Inflation Impacts Your Insurance?

Canada's latest hottest inflation print of 6.7% - a 31 year high - has many people worried about inflation and its effects.

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What insurance should Canadian landlords consider?

Rental properties, whether a condo or a detached home, actually present much different risks than a typical owner-occupied residence.

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How will commercial insurance be affected by rising interest rates?

With inflation at a 40 year high and looming interest rate hikes on the horizon, one might suspect commercial insurers are poised for a significant boost in profitability and limit rate increases.

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How much does property insurance cost? - Average Costs in 2022

While it may seem like there is no rhyme or reason to how your property insurance is priced, the answer is more objective than you might think.

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How much does business insurance cost? - Summit Cover

Variety of factors affect price you pay for business insurance. include types of services you provide, business size and amount of coverage you require.

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5 Things To Do Before Renewing Your Business Insurance Policy

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