Commercial Insurance
We work as a team; at least two of us are assigned to serve each client. Clients therefore will get the benefit of our
experience and knowledgeable service.
Building Insurance
We have the expertise to insure your commercial building and will perform an on-site risk management
assessment that will accurately define your property.
Our insurance markets are well versed in the areas of:
- Commercial High Rise
- Residential High Rise
- Low Rise
- Retail Malls
- Industrial Buildings
We do what it takes to satisfy your commercial insurance needs by providing the right coverage at the right price.
Get a Quote »
Construction Bonds
Smith Petrie Carr & Scott Insurance Brokers Ltd has complete in-house bonding facilities.
Our markets include several top ranked surety companies with competitive bond rates.
Bid bonds and surety consents issued in house with complete signing authority.
Final bonds issued in house by professional authorized personnel.
Our clientele include large to small general contractors and sub-contractors.
Forms:
Bid Bond Request Form »
Final Bond Request Form »
Get a Quote »
Directors' & Officers' Liability
Non Profit Organizations
Public awareness of the responsibilities of Directors and Officers is ever-increasing. Directors and Officers
of non-profit organizations must now consider liabilities for which they may be held personally responsible.
Claims are being advanced by government bodies, employees, contractors, customers and members.
With Directors' and Officers' Insurance, personal protection is afforded to individual Directors and Officers
including the cost of defence and settlement. An organization and its' Directors and Officers may have access
to lawyers who are experienced in the complexities of Directors' and Officers' litigation.
For Profit Organizations
As the Canadian corporate landscape becomes more threatened due to the actions or inactions of Directors
and Officers, the frequency and severity of claims brought against Directors and Officers has been increasing.
Directors and Officers face the possibility of being sued for their activities and decisions. Whether an
outside Director only participating in quarterly meetings or a full-time salaried officer, the list of
potential plaintiffs can include shareholders, customers, regulatory bodies, competitors, employees
and creditors. Directors' and Officers' Liability Insurance provides coverage on two related fronts:
- Coverage is provided to you as an individual Director or Officer in the absence of corporate indemnification.
- The policy will pay on behalf of the corporation amounts for which it is required or permitted to indemnify its' Directors and Officers. The risk is transferred to the insurer, thereby preserving the Corporation's assets.
The defence of claims against you is a very important feature of your Directors' and Officers' Liability Insurance policy.
The policy features include "Duty to Defend" and "First Dollar Defence" for claims initiated in Canada. With
"First Dollar Defence", you will have the benefit of not paying any defence costs.
Get a Quote »
Professional Negligence
Professionals such as physicians, lawyers, engineers, and real estate brokers are required by law to exercise a
higher standard of care than are persons not having such knowledge and skill.
The focus of Professional Liability policies is to provide payment for damages caused by the rendering of,
or failure to render, professional services which may result in a financial loss to the claimant.
The following are only a few of the categories of professionals who should consider this specialized protection:
Lawyers, Accountants, Architects, Engineers, Real Estate Brokers, Real Estate Property Managers, Insurance
Agents and Brokers, Certain Consultants, Physicians, Surgeons, Dentists, Veterinarians, Druggist, Pharmacists,
Chiropractors, Opticians and Optometrists, Nurses, Dental Hygienists, Laboratory, X-Ray Technicians and Beauticians
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Employment Practices
This is a unique liability insurance product specifically designed for Employers. This product provides protection
against claims for wrongful dismissal and Human Rights Violation liabilities.
Corporations and their executives can be provided with affordable, comprehensive coverage from suits brought by either
current or past employees.
In addition, this unique product will provide defence coverage as well as punitive damages for claims brought against
the insured.
COVERAGE HIGHLIGHTS
Covers Wrongful Dismissal and Human Rights Violation liabilities (including sexual harassment legislation).
Payment of judgments awarded by courts.
Punitive Damages for a specified sub-limit.
Indemnification of legal cost to defend suits.
Consent to Settle Clause on behalf of insured.
Get a Quote »
HortProtect for Landscapers
Unlike HortProtect, most insurance programs do not cover:
- Theft of tools from an unlocked, unattended vehicle
- The expense of renting temporary substitute equipment
- Loss or damage to non-owned equipment while in your care, custody or control
- Theft of cash or property by employees
- Greenhouse collapse caused by the weight of ice and snow
Comprehensive
This program has been specially designed with the unique risks of the horticulture
industry in mind. Unlike many other programs, coverage is available for:
- buildings and greenhouses
- pesticide liability
- no locked vehicle warranty
- growing stock
- 5 year replacement cost on equipment
- automobiles
- snow removal liability
Cost Effective
Through the buying power of the Association, very competitive rates are
available. Enjoy better insurance at a better price!
Customized Program
Although developed as a "group" plan, HortProtect allows you to choose coverages
and limits that match your individual business needs. After all, there is no business like yours!
Local Service
Regional representation of the program is available in every participating province...
Download the Brochure » | Get a Quote »
Small Business
Depending on the nature of your business, we can supply same day quotations for your business insurance needs.
Your policy can be issued in our office. Advantages of this type of package policy include:
Protection of your Property, Business Interruption, Commercial General Liability, Sign Coverage, Transit Coverage,
Computer Hardware & Software, Valuable Papers, Accounts Receivable, Auditors' Fees, Temporary Locations, Employee
Dishonesty, Broad Form Money Orders & Securities, Counterfeit Money Orders & Paper Currency,
and Depositor's Forgery
Get a Quote »
Equipment Breakdown Insurance
Even if your business has no boilers, it may need equipment breakdown insurance. This insurance closes the gap
created by many business policies which exclude certain types of breakdown losses for property such as boilers,
elevators, electrical apparatus, computers, production and HVAC equipment. The gap includes not only repair and
replacement of the equipment, but also the loss of revenues if a business interruption claim results from the
initial loss.
Only an Equipment Breakdown policy, for example, would pay for the replacement of an elevator electrical panel
blown out by a power surge. It could also reimburse the business for its loss of rents due to the fact that
tenants would be unable to use the elevator during the repair time.
Is your Company and its' directors and officers safely covered?
Do you think a lawsuit against your directors or officers can disable your Company?
Any decision made by a director or officer today can result in a lawsuit by a Client, Creditor, Government Agency,
Contractor, Competitor and other third parties not mentioned. You as the director or officer are affected directly
along with your Company.
Do you think you are in any potential risk if your officers and fiduciaries have just talked about a possible conflict of interest?
If your fiduciaries and trustees are decision making on pensions and how they are used and invested, they and your Company are open
to extraordinary responsibilities and obligations imposed by the Pension Benefits Standards Act.
Do you believe a discrimination lawsuit can put you out of business?
Evolving case law in Canada makes suits more common and costly. The lawsuit can be actual or alleged wrongful dismissal, discharge
or termination of employment. The cost to defend is onerous and the settlement could be detrimental to the viability of your Company.
Could you Company be at risk if you ask any of your officers to serve on a non-profit board?
Your Company may request or encourage officers to serve on the boards or as officers of non-profit organizations. Like their
for-profit counterparts, directors and officers of non-profit organizations are exposed to the same liability from the outside
community service, especially if your Company is the only ìdeep pocketî available to the Claimant.
We can provide you with the proper Directors and Officers coverage whether your Company is a "for profit", "non- profit", or "public"
Company.
Ask us more...
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