Business insurance · Canada · Head-to-head
Foxquilt vs Zensurance
Two Canada business insurance options, compared side by side for Canada trades.
Which should you choose?
Foxquilt and Zensurance are both Tier A, which every business insurance entry without a reputation warning receives, so the tier does not separate them. Weigh the pros, cons, pricing and Canada-specific notes below against your trade and region.
Foxquilt
Tier A · ListedToronto-founded insurtech that develops, underwrites and sells commercial insurance for small businesses in Canada and the US
Foxquilt is an insurance technology company founded in Toronto in 2016 that, in its own words, develops, underwrites and distributes commercial insurance products for small businesses in the United States and Canada through its Foxden platform. BetaKit reported in 2023 that its lines included general liability, professional liability, workers' compensation, cyber and commercial auto. In September 2026 it launched errors and omissions cover in 10 US states with Markel as capacity partner.
Pros
- + Founded in Toronto in 2016 and still selling in Canada and the US as of September 2026
- + Develops and underwrites its own commercial insurance products
- + Automated underwriting and digital distribution through its Foxden platform
Cons
- − Premiums, eligible trades and provinces not confirmed: Foxquilt's website blocked our checks
- − Its newest product, errors and omissions cover launched in September 2026, is US-only
- − Coverage lines may differ between Canada and the US, so confirm what is sold in your province
Canada note
Foxquilt was founded in Toronto, and its September 2026 company description says it sells commercial insurance to small businesses in both Canada and the United States. Which trades, provinces and coverage lines it offers in Canada could not be checked because its website blocked our checks.
Zensurance
Tier A · ListedToronto online insurance brokerage for Canadian small businesses and contractors, a Travelers subsidiary
Zensurance is a licensed insurance brokerage founded in Toronto in 2016 that sells small business insurance through online applications backed by licensed brokers. It says it works with a partner network of more than 50 insurance providers and is trusted by 100,000+ Canadian small businesses. The Travelers Companies lists Zensurance Inc. and Zensurance Brokers Inc. among its subsidiaries as of December 31, 2025, and they were not among the Canadian insurers Travelers sold on January 2, 2026.
Pros
- + Licensed brokerage with online quoting plus licensed brokers for advice and claims support
- + Says it works with more than 50 insurance providers
- + Published starting point for contractors: from $450 a year for a basic $2M CGL policy
- + Contractor coverages include CGL, tools and equipment, pollution liability, builder's risk and installation floater
Cons
- − No Quebec location page; confirm coverage if you work in Quebec
- − Starting prices are minimums; Zensurance says actual rates vary by business profile
- − Insurer partners are not named on the pages we read
- − A subsidiary of insurer Travelers; ask which insurer each quote comes from
Canada note
Zensurance's contractor page says contractor insurance starts from $450 a year for a basic CGL policy with a $2M limit for a small or medium-sized business, and quotes start with a 5-minute online application; it does not say every policy can be bound online. Its site has location pages for Ontario, Alberta, British Columbia, Saskatchewan, Manitoba, Nova Scotia, New Brunswick, Newfoundland and Prince Edward Island, but none for Quebec. As a broker it places you with an insurer, and it does not name its insurer partners on the pages we read.
More Canada options
See all Canada business insurance vendors and the rest of the Canada directory.