Square One Home Business Insurance Review September 2026

9.0

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via Square One

9.0

BestMoney Score

Cost

10.0

Experience

9.9

Flexibility

7.0

Support

8.9

BestMoney User Recommendation

BestMoney.ca User Rating

BestMoney users do not recommend this product giving it a score of 12, or 1.8 stars.

12

-100 Negative

0

+100 Positive

The recommendation score shows how satisfied customers are with a provider. A perfect +100 means all customers recommend it, while -100 means no one does. These ratings come solely from community votes and are never affected by partner payments. BestMoney also monitors and removes fraudulent reviews once identified.

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via Square One

Square One

BestMoney.ca's take: SquareOne is perfect for home-based entrepreneurs who want to protect their property and business from interruption and liability for business conducted at home.

Square One Home Business Insurance Features

Quick Service

Quote in less than 5 minutes

Affordable Insurance

As little as $7/month

Customized Experience

Coverage tailored to your business

Trusted Provider

Over 3,000,000 customers

There are currently so many Insurance platforms operating with different operational methods, and Canadians need to fully understand these platforms before committing to anyone.

Square One is one of these insurance platforms with a unique operational method, so a review may help you understand the platform better.

Square One home business insurance is built for modern entrepreneurs who want to keep things simple, affordable, and easy to manage. Everything from getting a quote to filing a claim can be done online, and you can adjust your coverage as your business grows.

Unlike traditional insurers that offer one-size-fits-all policies, Square One lets you pick and choose the protection you want.

In this Square One home business insurance review, we will break down what makes Square One a good option, the products and services they offer, their fees, how to get started, customer support, pros and cons, and what real customers are saying.

Whether you’re a freelancer, online seller, or consultant, this  Square One home business insurance review will help you decide if Square One business insurance is right for you.

What makes Square One home business insurance a good option?

Here are some reasons Square One is a good option:

• Entirely online process: You get quotes, buy coverage, and manage your policy from your computer or phone.
• Fast service: You can get a quote in as little as five minutes and manage claims 24/7, any time.
• Affordable premiums: Home insurance starts at $12/month, with business coverage added on as needed.
• Transparent and fair claims process: Over 90% of claims are paid out, and clients get a dedicated adjuster for each claim.
• No extra fees: No extra fees for monthly payments and no fixed-term contracts, so you can adjust or cancel anytime.

Square One home business insurance products and services

Square One home business insurance offers many products and services that meet the needs of different types of home businesses. Here’s what they offer:

• Customizable home business insurance policies: You can choose exactly what you want to cover, from business equipment to inventory and supplies.
• All-risk coverage: It protects against most types of loss except those specifically excluded, like coastal floods or wear and tear.
• Business property coverage: It insures business items such as computers, tools, and inventory, both at home and temporarily offsite.
• Personal and premises liability: It protects you if a client or delivery person is injured at your home.
• Additional living expenses: It covers costs if your home becomes unlivable due to an insured loss.
• Optional specialty property coverage: Add protection for things like fine art, collectibles, jewelry, and sporting equipment.
• Efficient claims process: You can submit and track claims online, with 24/7 emergency support and a dedicated adjuster.
• Flexible payment options: You can pay monthly (interest-free) or annually, with the ability to switch anytime.
• Legal protection insurance: Optional add-on for legal expenses, underwritten by DAS Legal Protection Inc.

Square One commissions and fees

Square One does not charge extra fees for paying monthly, and there are no hidden charges when you adjust your policy or make changes online. Here are the key components:

• No extra fees: You can pay monthly with no added interest or fees.
• No fixed-term contracts: You can cancel or change your policy anytime without penalty.
• Non-refundable premium: The first $50 of your premium is non-refundable if you cancel your policy.
• No commissions for online quotes: The digital process keeps costs low, and savings are passed on to customers.

How to get started with Square One home business insurance

Getting started with Square One business insurance is quick and easy, thanks to their fully digital process. Here’s how it works:

1. Get a Quote Online: Visit Square One’s website and answer a few questions. The quote process takes about five minutes.
2. Customize Your Policy: Choose the amount and type of coverage you need.
3. Review and Purchase: Check your personalized quote, make any final adjustments, and buy your policy.
4. Manage Your Policy: Log in to your Square One account to make changes, update payment methods.
5. File Claims Online: If you ever need to make a claim, the process is fully online and available 24/7.

Square One customer support

Square One home business insurance provides several ways for customers to reach out for help. Here are their main support channels:

• 24/7 emergency claims service: You can report claims any time, day or night, through your online account.
• Multiple contact options: You can reach out by phone, online chat, or email for help with your policy or claims.
• Fast response times: 80% of calls are answered in under one minute, and over 5,000 online chats are handled each month.
• Self-service tools: You can manage your policy, download documents, and make changes online without needing to call in.
• Educational resources: You get access to dozens of articles, guides, and tools to help you understand your coverage and make informed decisions.

Square One pros and cons

Here’s a quick summary of the main pros and cons mentioned in Square One Home Business Insurance review articles:

Pros of Square One

• Fully customizable policies where you only pay for what you need
• Fast, online quotes and claims process
• No extra fees for monthly payments
• High customer satisfaction (4.7/5 from 51,000+ reviews)
• 24/7 claims service and dedicated adjusters
• Affordable premiums starting at $12/month

Cons of Square One

• The first $50 of the premium is non-refundable if you cancel
• Not available in the Territories or the Maritime provinces
• No bundle discounts for multiple policies
• Proof of value may be required for high-value business items

Square One home business insurance reviews and ratings

Square One home business insurance review ratings are consistently high across major platforms.

The company has a 4.7 out of 5 stars from over 51,000 customer reviews, an A+ rating from the Better Business Bureau, and positive feedback for ease of use, speed of service, and claims satisfaction.

Square One business insurance has been shown to be a strong choice for Canadian home business owners who want flexible, affordable, and reliable coverage. It has a digital-first approach, customizable policies, and customer service is top-tier.

Customers often highlight the convenience of the online process, the ability to customize coverage, and the helpfulness of customer support. The few negative reviews usually mention the non-refundable $50 premium and limited availability in some provinces.