Welcome to LMBF Assurances
LMBF Assurances is a brokerage firm. This means we represent our clients and work with multiple insurers to find the coverage best suited to their needs, rather than promoting a single product.
Yes. LMBF Assurances serves clients across Ontario and Quebec and operates in accordance with the regulatory frameworks of each province, including FSRA requirements in Ontario.
It can cover equipment, sets, liability, injuries, rentals, vehicles, as well as certain losses related to filming stoppage, depending on the modules chosen.
We offer solutions in commercial and personal insurance, including liability, property, auto, professional insurance and specialized protections according to activities and client needs.
LMBF Assurances is an insurance brokerage firm offering commercial and personal insurance solutions tailored to businesses, professionals and individuals in Quebec and Ontario.
Clients choose LMBF Assurances for its advisory approach, access to multiple insurers and personalized long-term support.
A broker offers a comprehensive market view and ensures that protections are truly adapted to your reality. They act as advisor and intermediary, especially when a claim occurs.
Auto insurance premiums in Ontario can fluctuate based on repair costs, vehicle technology, accident trends, fraud levels, weather events and regulatory changes. Even safe drivers may see adjustments due to broader market conditions.
Yes, if the transit/exhibition endorsement is included and transport and security conditions are met.
It depends on the endorsements. Often, these protections are optional or limited, with specific deductibles and sub-limits.
Yes. Vehicle modifications in Ontario can impact eligibility, premiums or coverage depending on the type of modification and whether it is declared. Some changes may require special underwriting approval or additional endorsements.
Yes. Venue owners, municipalities and partners often request liability certificates and endorsements.
Yes. Liability limitation clauses, general conditions and Incoterms influence exposure and insurance requirements.
Not always. Many risks related to content, distribution and intellectual property rights require specialized coverage.
Often yes, via the products/completed operations section, depending on declared activities and policy conditions.
Often yes if the use is professional, especially if the vehicle is in the company's name or used for operations.
Certain high-risk features can increase your home insurance premiums, such as a wood-burning fireplace and a swimming pool. Be sure to disclose all these features to your insurer when taking out a policy, as you risk having your claims denied if you hide the existence of one of these special features.
Generally no. CGL covers third-party damages, while recall costs are often excluded and require dedicated coverage.
In Ontario, gradual leaks or maintenance issues are usually not covered under standard policies. Optional endorsements such as sewer backup or overland water may provide protection for certain types of water damage. Coverage details vary by insurer and wording.
No. CGL covers liability to third parties; builders risk insurance covers property damage to the project itself.
Media liability is structured for the specific risks of creating, editing, distributing and managing content and campaigns.
From financial statements (gross margin), fixed expenses, recovery timelines and critical dependencies (suppliers, equipment, location).
Driving policies, training, documented maintenance, driver monitoring and usage procedures (key, cargo, parking).
Yes. Many clients and project owners require proof of E&O with minimum limits before signing a mandate.
Yes. Auto insurance is mandatory in Ontario. Drivers must carry a valid policy that includes third-party liability coverage (minimum limits are set by law, though many drivers choose higher limits such as $1M or $2M). Proof of insurance must be carried when operating a vehicle on public roads.
Commercial auto is designed for business use, multiple drivers, operations and exposures specific to work.
Replacement value aims for replacement without depreciation (subject to conditions); depreciated value takes wear and tear into account. The choice affects the indemnity and premium.
Limits vary by contract and exposure, but many companies choose $2M to $5M or more depending on requirements.
Bid bonds, performance bonds, labor and material payment bonds, maintenance bonds and license/permit bonds.
Claims history, high-risk drivers, intensive use, specialized vehicle types, or undeclared activities.
Inventory, consigned goods, equipment, liability, theft, and sometimes transit/exhibitions, depending on coverages.
Manufacturers, importers, distributors, private labels, and consumer goods companies (food, cosmetics, parts, etc.).
Logistics (returns/withdrawal), communications, distributor management, and operational impact, depending on the sector.
Financial statements, project information, references, organization, and details on contracts to be bonded.
Standard contracts, description of services, approval procedures, deliverable examples and claims/incident history.
Buildings, contents, equipment, machinery, inventory and leasehold improvements against property damage (fire, theft, vandalism, etc.), depending on the policy.
Home insurance in Ontario generally covers sudden and accidental damage such as fire, theft, vandalism and certain types of water damage, along with personal liability protection. Optional endorsements may be required for sewer backup, overland water or other specific risks depending on your property.
Fire, vandalism, theft (subject to conditions), accidental damage to work, and other covered perils.
Claims related to an error, omission or negligence in transportation organization (documents, instructions, carrier selection, subcontracted handling, delays, etc.), according to the contract wording.
The ability to quickly identify affected batches, isolate the problem and reduce the scope and duration of a recall.
Filming in public places, stunts, drones, animals, pyrotechnics, filming abroad, specialized equipment and large crews.
Undeclared activities, uninsurable contractual promises, absence of subcontractor controls, or sector-specific exclusions.
Fire, water damage, vandalism, equipment breakdown or other damage covered by the property policy, depending on the coverages.
Undeclared risks (e.g., stunts/drones), intentional acts, non-compliance with safety protocols and certain countries/territories, depending on the policy.
Gross negligence, non-compliant transport, absence of required systems, or undeclared goods, depending on the policy.
Inadequate packaging, inherent vice, delays, failure to comply with handling conditions, and certain goods/regions, depending on the policy.
Intentional acts, fines/penalties, contractual warranties not insurable, undeclared risks and certain high-value/risk goods, depending on the insurer.
Tenant's liability, additional insureds, subcontractor liability, products/completed operations, and sometimes certain advertising-related coverages.
Traceability (batches), quality control, supplier audits, certifications, recall procedures and incident history.
Type of use, territory, mileage, driver profiles, history, vehicle values and fleet management.
The nature of the mandates, revenues, contractual clauses, use of subcontractors, claims history and quality controls.
Average and maximum inventory value, product type, security, location, hours, procedures, and claims history.
Types of goods, values, packaging, routes, frequency, ports, combined modes of transport and loss history.
Address, type of occupancy, construction, protection systems (alarm/sprinklers), values, theft/fire prevention, and claims history.
Types of goods, volumes, destinations, modes of transport, subcontractors, contractual conditions, internal controls and claims history.
Budget, schedule, locations, synopsis (if needed), equipment list, risk activities, safety measures and history.
Types of content, channels used, contracts, campaign volumes, territories, subcontractors, and litigation history.
Total value, schedule, type of work, location, site security, subcontractors and claims history.
A plan that defines how the company maintains or resumes operations after an incident (alternate sites, suppliers, procedures, priorities).
Work or improvements paid for by the tenant (partitions, finishes, installations) that may require dedicated coverage.
A financial guarantee that ensures the beneficiary that the company will fulfill its obligations (bid, performance, payment, licenses), depending on the type of bond.
It covers property damage to work in progress, materials and equipment on site during construction or renovation, depending on the policy.
It compensates for loss of income and certain fixed expenses when covered property damage results in stoppage or slowdown of operations.
It protects the company against third-party claims related to bodily injury, property damage and certain damages arising from operations or products.
Financial health, experience, quality of management, project history, execution capacity and company structure.
It covers loss or damage to goods during sea transport, according to conditions (all risks or named perils).
It covers certain costs related to removing a product from the market (logistics, customer notices, destruction/return, crisis management), depending on the policy.
A structured process to identify, assess and reduce operational, financial, legal and human risks.
The “cheapest” auto insurance is the policy that provides the right protection at the best available rate — not simply the lowest premium. Reducing coverage to save money can leave important gaps. Working with an LMBF broker helps you compare multiple insurers to balance affordability and protection.
There isn’t one single cheapest insurer for everyone in Ontario. Pricing varies based on location, claims history, home features and coverage needs. Instead of focusing only on price, LMBF helps you find an affordable policy that protects what matters most.
CGL primarily covers bodily injury or property damage to third parties; E&O covers financial losses related to service delivery.
The bond protects the beneficiary; if the surety pays, it can recover from the company according to the agreement.
Freight forwarder liability covers faults in the organization service; cargo insurance covers loss/damage to goods during transport.
The maximum duration during which the insurer will compensate for loss of income, according to the contract conditions.
Underestimating the actual recovery duration and choosing an indemnity period too short to return to normal activity level.
Auto insurance costs in Ontario are fully private and vary widely based on driver profile, vehicle type, driving history, territory, coverage choices and insurer appetite. Ontario generally has higher premiums than some other provinces because accident benefits coverage is included in standard policies.
Home insurance pricing in Ontario depends on the property value, construction type, location, claims history, protection systems and selected coverages. The best way to estimate your cost is to request a personalized quote based on your specific situation.
A diagnosis, prioritized recommendations and a concrete action plan (measures, responsible parties, timelines).
Coverage that can extend from the point of departure (warehouse) to the point of arrival (warehouse), if provided in the contract.
Dependency on a supplier/customers, denied access, utility failures, or equipment breakdown, depending on business needs.
Validation processes, rights management (images/music), client approvals, evidence archiving and takedown procedures.
Contractual liability, premises security, fire prevention, business continuity, employee safety and data protection.
Safe, alarms, cameras, opening/closing procedures, access control, regular inventories and secure transport.
Allegations of defamation, damage to reputation, violation of copyright/trademark, publication errors and other content-related risks, depending on the policy.
As soon as it is used for professional activities (delivery, service, sales, transporting tools or employees).
At the start of the project: demolition, material delivery or first intervention on site, depending on the site reality.
Before the start of pre-production/filming, as soon as locations, contracts, rentals or equipment are committed.
Before a renewal, growth, relocation, equipment acquisition, new product line or major new contract.
Consulting, professional services, technology, marketing agencies, property management, engineering, design, training, and specialized administrative services.
Coverage depends on your policy wording and driver disclosures. In Ontario, occasional drivers who have access to the vehicle should usually be listed on the policy. Lending your car to a licensed driver may be allowed, but accidents can impact your insurance record and future premiums. Always confirm with your broker before allowing regular use by someone not declared.
For freight forwarders, logistics providers, 3PLs, transportation brokers and companies that organize shipments on behalf of clients.
For agencies, studios, publishers, producers and companies that publish, distribute or manage content (marketing, advertising, media, platforms).
The project owner, developer or contractor, depending on the contract. The important thing is that coverage is in place and clear.
Importers, exporters, manufacturers and distributors who ship goods whose value exceeds the limited liability of carriers.
They determine when risk passes from seller to buyer and who must insure the goods.
Premium increases in Ontario can be influenced by severe weather trends, rising rebuilding costs, increased claims frequency, insurer market conditions or changes to your home’s risk profile. Even without a claim, broader market factors can affect pricing.
Because it demonstrates controls, reduces claim frequency and facilitates obtaining adapted conditions.
To confirm actual activities, identify undeclared services and understand contractual obligations that may increase exposure.
To secure contract execution and reduce default risk for the project owner.
It is designed to protect high-value inventory, exposure to theft, and risks in boutique, workshop and transport.
If insured amounts are insufficient, compensation may be reduced by application of a proportional rule, depending on the contract.
