Tips on lowering your auto insurance premiums

We know that our customers are always looking for ways of lowering their auto insurance premiums. Auto insurance is a regulated market but it’s also highly competitive. The best way… read more →

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Understanding auto insurance premiums

Understanding how auto insurance premiums are calculated can give you a better grasp of why you are paying a certain amount for your car insurance. There are a number of… read more →

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Auto dealership risk management tips

Thefts from auto dealerships occur frequently in both urban and rural areas in Canada. Just recently, two teens were charged for stealing vehicles from an auto dealership in Manitoba. Dealerships should give serious consideration to all aspects of their security, and they should take preventive measures wherever possible. While every business’ situation is different, we’ve included key areas to address and provided some risk management strategies to reduce auto dealerships’ risk of theft.

Building security:

Based on past experience, we know a building alarm system should be considered mandatory. There are numerous types available, but the most typical for auto dealerships include:

Alarms monitored off premises ULC listed station with line security Motion detectors, door contacts, and glass sensors Perimeter security:

Protecting the land around your building can be just as important as protecting the building itself. One of the most common ways to protect the perimeter is with fencing. Things to consider include:

A chain link fence topped with barbed wire Galvanized steel posts set in concrete Entrances with strong metal gates and professional-grade padlocks When the locks are not in use, they should be locked on the fence or taken indoors for safe storage. While in use, keep

Fire prevention: safely storing pallets

The storage of idle combustible pallets presents a significant fire hazard in both indoor and outdoor storage facilities.

A fire involving even a modest number of idle pallets inside a building can rapidly overtax a fire sprinkler system and quickly lead to structural failure of the building. Although most often associated with warehouses, pallets can be found in nearly every industrial and commercial facility. Wherever pallets are used, the potential exists for the accumulation of excess or idle pallets. While initially these accumulations may be thought to be “temporary”, the number of idle pallets can increase over time becoming a high fire hazard. Careful control and management of idle pallets is required to prevent accumulations from becoming a significant fire exposure.

Fire risks when storing pallets

Storing wood pallets
The conventional pallet is typically made from wood. As wood loses its moisture content, it becomes easier to ignite. In addition, as wood pallets dry out, their edges tend to become frayed and splintered. In this condition, a small ignition source can easily ignite them.

Storing plastic pallets
Plastic pallets represent an even higher hazard as plastic burns as hot as wood for a longer time. Burning pools of plastic can flow

3 common risks every contractor needs to know about

Owning your own construction and contracting business is an exciting career path. Those who choose it get to work with their hands, be their own boss and help customers bring… read more →

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Canada’s Most Frequently Stolen Vehicles in 2016

If your small business saw some growth in 2016, you may have considered expanding in 2017. In some cases, this could mean the purchase of one or multiple company vehicles.… read more →

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When to update your insurance policy

“When should I update my insurance policy?” is a very common question in the small business community. Understanding your policy can be difficult enough—knowing when you need to update that… read more →

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Do I need small business insurance?

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Ask the Expert with Mike Gaba

Learning about insurance can be a confusing (and sometimes boring) process. We’d like to help change that. Our insurance expert Mike Gaba is partnering with Small Business BC on February 3,… read more →

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Risks facing small businesses in 2017

In Canada, a small business is typically defined as a business with 1 to 99 employees. According to the Government of Canada, small businesses account for almost 98% of the… read more →

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