APOLLO is Canada’s only place to buy insurance fully online, 24/7.
Making Insurance Effortless
It takes only a few minutes to process and get your proof of insurance.
Payments are easy, monthly, and manageable.
Industry-Specific Insurance for All Types of Businesses
A few examples of our fast and affordable options.
To be a small business owner or entrepreneur takes courage, dedication, and a lot of hard work.
Toronto is Canada’s largest city and a world leader in business, finance, technology, entertainment and culture. Its large population of immigrants from all over the globe has also made Toronto one of the most multicultural cities in the world.As the largest city and number one visitor destination in the country, Toronto is known as Canada’s Downtown.“Toronto” is Huron First Nations for “meeting place,” a word which aptly describes one of the most ethnically diverse cities in the world. Toronto boasts over 100 different cultures, which are represented in its population of over 2.3 million. This diversity can be seen at the city’s many festivals, friendly neighbourhoods, and obviously, its 9,000 restaurants.The shopping experience includes everything from upscale boutiques to an underground city featuring 1,200 stores and services. Toronto also offers more than 32,500 hotel rooms. The city’s love for the arts has made it an important live theatre centre, and its museums are some of the most unique in North America.This bold new city of glass towers and Victorian neighbourhoods even has parkland islands in its harbour. And it’s also within a few hours drive of the great Canadian outdoors and the breathtaking Niagara Falls.Annual business operating costs are significantly lower in Toronto than in many leading international centres. The governments of Canada, Ontario, and Toronto provide a range of incentives to allow businesses to grow and prosper in a politically stable environment. Each order of government has demonstrated a commitment to competitive tax rates, resulting in a combined corporate income tax rate of 26.5%, approximately 13 percentage points lower than the U.S. average.Additionally, business property taxes are becoming increasingly competitive. With the elimination of over 1,500 tariffs on manufacturing inputs, machinery and equipment, Canada was the first country in the G20 to become a tariff-free zone for manufacturers and offers the lowest overall tax rate in the G7. The City of Toronto’s unparalleled financial stability and dynamic investment strategies mitigate the risk of inflation instability, exchange rate fluctuations, and limitations to short or long-term capital access, force majeure, and higher operating costs.Whether your Toronto business is small or large, APOLLO has you covered. We will get you the best insurance quote as quickly as possible, so you can get back to your work and your life in Toronto.
Professional Liability insurance
Also known as Errors and Omissions insurance (E&O), Professional Liability insurance will cover you and your business from claims of negligence, failing to properly render your professional services.
It covers you even if the claim is frivolous or you haven’t actually done anything wrong.
General Liability insurance
A Commercial General Liability (CGL) insurance policy will cover the business against claims that someone was injured, or somebody’s property has been damaged. Regardless of whether or not the small business is at fault, it can be accused of negligence and sued for a variety of things, making this a critical coverage for any business.
Every small business has property, whether that’s a single computer, warehouses full o stock and inventory, or an office full of valuable equipment.
Without contents insurance, the business would have to pay out of pocket to repair or replace damaged contents.
This could negatively impact your finances, and any delays could disrupt your business.
Nonprofit Directors & Officers insurance
Directors and Officers insurance protects against losses caused by negligence or honest mistakes made by your organization’s directors and officers. Not only will it cover any amounts you’re required to pay should you lose a lawsuit, the insurance company will even pay for your legal fees and court costs. This is important because even though your nonprofit may be run by a perfect leadership team, just the cost of defending a frivolous lawsuit can cripple your ability to operate.
Unsure What to Insure?
Small Business Basics
From FAQs to COIs, we have the answers to help keep it clear.
What type of companies need small business insurance?
Insurance is a critical component to the survival and success of your business. No matter your industry or size, business insurance provides financial coverage for the costs that surface with unforeseen events—anything from defective products to third-party damage. It can get complicated, so we help you simplify it with simple policy procedures and easy-to-get quotes.
What is covered by my small business insurance?
Business insurance protects business owners from losses due to unforeseen events during day-to-day operations. While there are many types of insurance products available for business owners, the coverage you need is determined by many factors: industry, revenue, size, etc. That’s why we customize our coverage to meet your unique needs.
What is a certificate of insurance (COI)?
A COI is a statement of coverage that we provide to you. It’s a summary that verifies that your business is, in fact, insured. You may receive a request from a potential client for a COI as a condition of doing business with you. It’s simply proof that your business can cover the cost of a liability claim.
Is getting a Business Owner’s Policy (BOP) the right option for me?
A Business Owner’s Policy is a great option for small business owners, since it combines the multiple coverages needed to protect against all major risks at an affordable package. This helps mitigate small business insurance costs by bundling multiple types of insurance together and selling them at a cheaper premium. While there are multiple different factors involved, BOPs are typically only available to small to mid range businesses with less than 100 employees making less than a certain amount of revenue.
What is covered under a BOP policy?
A BOP typically protects small businesses by bundling together four types of general insurance all for one reduced price:
Commercial Property Insurance While there are multiple different factors involved, BOPs are typically only available to small to mid range businesses with less than 100 employees making less than a certain amount of revenue. Business Interruption Insurance Protects you and your employees against potential lost wages in the case of a disaster halting your business. Crime Insurance Covers your business in the event of being targeted by theft or any other fraudulent activity. General Liability Insurance Mitigates losses in the event of a lawsuit brought against your company due to bodily harm to an employee or a client during the course of business, regardless of whether or not you’re at fault. While a Business Owner’s Policy is a great option for general coverage of property and casualty insurance for small businesses, it’s important to know that it doesn’t include certain types of insurance, including: commercial auto insurance, workers compensation insurance or professional liability insurance. Often only needed by larger businesses, professional liability insurance (also known as errors and omissions) protects against claims of negligence, misrepresentation or imprecise advice.
How much does small business insurance cost?
There’s lots of different factors at play that will affect the cost of your small business insurance, making your quote as unique as your business itself. And while it all depends on what different types of insurance you need, small business owners in Canada can expect to spend about $500 annually on insurance.
Small Business Liability Insurance at APOLLO
With so many different types of business insurance, it’s important to make sure you have the right coverage that works for your venture. APOLLO makes it easier than other insurance companies by offering you a free quote within minutes and a policy delivered straight to your email just minutes after that. Our team of insurance brokers will also touch base with you after you’ve purchased your coverage to answer any questions you may have.With multiple types of coverages protecting businesses large and small, APOLLO is Canada’s leading online insurance provider.