Commercial liability insurance coverage

At a glance: General liability insurance offers protection when you or your business should unintentionally cause harm to someone or their property.

Minimize your risk by having business liability insurance in place so you can remain focused on what you do best. Even if you run a business on your own, and especially if you are the business, personal liability insurance can give you some protection in the event of a lawsuit.

What does commercial liability insurance cover?

According to your particular needs, you can have a general liability insurance policy customized to cover any or all of the following:

  • Bodily injury to others
  • Property damage caused by your products
  • Accidents on your premises or your customers’ locations
  • Use of non-owned vehicles (if employees or volunteers use their own cars on behalf of your company)
  • Advertising injury
  • Medical expenses
  • Tenant’s legal liability
  • Personal injury such as slander or libel (damage to reputation)

Commercial general liability insurance allows you to protect yourself and your business in case you ever have a claim against you. Depending on the limits of your coverage, you will get funds to cover legal expenses, compensate third parties if awarded to them, and/or settlement charges.

Errors and omissions insurance

Errors and omissions insurance is a specialized coverage for those businesses or professionals who offer advice to their clients or patients. Also referred to as professional liability insurance or malpractice insurance, it is extremely important to have errors and omissions coverage in case a client or patient claims you have caused them harm. Professionals include doctors, lawyers, accountants, engineers and architects, as well as anyone offering services based on their special knowledge, skill or experience. This means consultants, advertising agencies, software developers and many more types of service providers are at risk for errors and omissions claims. Learn more about Errors and omissions insurance.

Who needs liability insurance?

Every business or professional runs the risk of being sued for some reason or another and court decisions and legal costs are certainly becoming more expensive. Anyone who presents himself or herself as having a special expertise, skill, or body of knowledge, and are paid for their work, service or advice, is at risk. Protecting yourself and your business with the appropriate type of commercial general liability insurance gives you real peace of mind so you can focus on your continued success.

Your business is unique, so are your insurance options.

Being a brokerage for over 70 of Canada’s top insurance companies means our commercial experts have access to a wide range of coverage options as unique as your business – at some of the best rates in Ontario. We sweat the details so you can focus on your business. Want to learn more about the coverage options available to you? Here’s a few of them.