Call 1-855-MYSUREX

Quote in progress? Sign In to resume.

Northwest Territories Business Insurance

How does Surex Direct find me cheaper business insurance quotes in Northwest

Surex Direct compares up to 10 offers – from Northwest Territories’ top business insurance providers – to find a policy specific to your needs.Insurance made simple. Speak to a broker or get started online on your personalized offer today.

Northwest Territories Business Insurance Quote

Getting your Northwest Territories business insurance quote is a simple, three step process.

  1. Enter information - Fill in the online quote form. Once your information is entered, you will be assigned a personal broker. The form takes less than five minutes to complete. Forget a detail? That is fine. The system will allow you to modify your information, at any time.
  2. Your broker will contact you shortly. The better you detail the specifics about your business to your broker, the more likely they can negotiate the cheapest commercial rate for you with the underwriters. It can take anywhere from a couple hours to a couple days to get your quote, due to the negotiation and comparing process.
  3. Review your made-for-you quote with your broker.

Business Breakdown in NWT

Small businesses (1-99 employees) account for 98% (1,263 of 1,294) of businesses in Yukon. There are only 29 businesses that fall into the medium size (100-499 employees) range and two large (500+ employees) businesses.

Source: www.ic.gc.ca

Industry Breakdown in Northwest Territories

Mining is the largest industry in NWT. Over 2,500 people are employed directly through mining. The second largest industry is construction, which employees roughly 2,000 individuals (Source: www.assembly.gov.nt.ca).

Other industries in NWT include oil & gas, energy, arts, trade (both retail and wholesale), fisheries, fur, manufacturing and tourism.

Resources to Help Get Your Small Business Started in Canada

The Government of Canada has a ‘Canada Business Network’ section, where business owners can filter by province/territory and business type to see what financial resources are available to them. Visit www.canadabusiness.ca to find out more.

NWT Business Insurance FAQ

What factors determine my Northwest Territories business insurance quote?

Unlike auto and home insurance (where rates are regulated), business insurance is manually quoted. This means your broker has more room to negotiate your cheapest price. Our brokers understand a low risk business or home based business shouldn't be lumped into the same price bracket as a more complex venture. We get you cheap, discount insurance by having you pay for only the coverages you need.

How small of a business can I insure?

No business is too small. We provide cheap insurance for home based businesses such as photography, independent consulting, individual contractors and beauty consultants. We can insure online businesses that distribute inventory from a basement, garage or storage unit. If you have a business, we can provide the insurance for it.

How large of a business can I insure?

Just as no business is too small, no business is too large for Surex Direct to provide coverage for. Your personal broker will be able to find a policy to match your growing needs.