Why Does Your Ontario Business Need General Liability Insurance?
If you’re running a business in Ontario, why bother with Commercial General Liability insurance? The short answer: protection. It’s your safety net against unexpected events that could otherwise hit your business hard.
What We Do
We offer you a range of insurance options from different carriers, each with their own prices and coverage, to find the perfect plan for you.
We ensure accuracy - with online insurance calculators, it's easy to make mistakes without even realizing it. This can lead to either overpaying for coverage or being underinsured. When you work with us, you're partnering with trusted professionals you can count on.
We educate you - as licensed brokers, we meet higher standards compared to online insurance tools, banks, or direct writers.
We provide a personal touch - from start to finish, you'll have a single point of contact, a real person who's here for you. No bouncing between multiple customer service reps.
common misunderstanding is that you'll pay extra due to the brokerage's commission. But that's not the case. We're paid by the insurance companies, not you. And rest assured, we only recommend plans that truly fit your needs.
BENEFITS & MISSION
Why Choose BrokerUnion?
The main differences between the big banks and boutique brokerage firms like us are:
1. More Options
We’re not tied to one insurance company. We shop around to find you the best rates and options.
2. We Work For You
We always act in your best interest, and your privacy is as sacred as a lawyer’s confidentiality agreement. Unlike Insurance companies that offer only their own insurance, we are not obligated to the insurance companies.
3. Experienced Team
We have the expertise to handle any situation, all while providing the personal touch you deserve. Professionalism and friendliness are our hallmarks.
4. Personal Relationships
We believe in sitting down and having a real conversation with you. Your situation is unique, and you deserve a tailored solution.
5. Education
We’re not just brokers; we’re educators. Our goal is to provide you with all the information you need to make informed decisions.
What Sets Us Apart:
Multilingual Service
We speak 22 languages because
clear communication is key for a personalized insurance plan.
Our Own App
We’ve got our app for all your
policy documents, pink slips, and more. It’s a one-stop shop for your insurance, even if you switch carriers with us.
Dedicated Customer Service Team
No answering machines here –
our dedicated customer service team is there for you, even during off-hours.
Award-Winning
We are the 2022 IBAO Brokerage of the Year (in the under 25 brokers category) because we focus on choices, education, and service, always prioritizing our clients.
Extensive Choices
We work with a wide range of carriers to find you a customized plan that suits your specific needs.
Experienced Professionals
With a track record of helping over 5800 clients with their auto insurance in the past 3 years, you can trust our experience.
Not everyone has access to the same carriers - we have access to multiple top carriers as well as dozens of carriers that cover almost all situations
What exactly is Commercial General Liability Insurance?
Commercial General Liability insurance is your business’s
superhero against financial blows from third-party claims. Picture it as a shield against bodily injury, property damage, or personal injury mishaps on your turf or due to your business operations.
What’s in the CGL Toolbox?
1. Bodily Injury: If someone takes a tumble on your turf or
gets caught up in your operations, CGL steps in to cover medical bills, legal fuss, and compensation.
2. Property Damage: Oops moments happen. If your business
accidentally messes up someone else’s property – fear not, CGL has your back.
3. Personal and Advertising Injury: Defamation or copyright
chaos in your ads? CGL’s got the mop for that mess.
4. Medical Payments: Even minor boo-boos on your premises
can be patched up with CGL’s coverage, regardless of who’s to blame.
But Hold Up, It’s Not a One-Size-Fits-All:
1. Professional Errors: If your business offers pro services
and blunders, you might need a separate policy for that.
2. Employee Injuries: Workers’ comp takes the lead for
employee injuries, not CGL.
3. Intentional Acts: No cloak for mischief – deliberate harm
or illegal moves aren’t in CGL’s playbook.
4. Contractual Disputes: For disagreements over contracts, a different insurance policy might be the referee you need.
Factors affecting Commercial General Lability Insurance
Wondering why your CGL insurance doesn’t come with a fixed price tag? Several factors can influence the cost of of your CGK insurance, including:
1. Business Type: Your business’s vibe matters. The risk it carries affects how much you pay in premiums.
2.Location: Location, location, location – it’s not just a real estate thing. Where your business calls home sweet home impacts those
rates.
3. Claim History: If your business has a history of claims, consider it a red flag. It might nudge those premiums a bit higher.
4. Coverage Limits: Dreaming of sky-high coverage limits? Just remember, the fancier the coverage, the fancier the premium.
5. Industry Standards: Some industries come with their own rulebook. Your insurance needs might tap dance to a different tune based on
your industry.
Understanding CGL costs – because pricing isn’t
one-size-fits-all.
Our Happy Customers
CLIENT'S TESTIMONIAL
What Our Commercial General Liability Insurance Clients Say
Fatih Dogan is professional insurance advisor and give honest advice, great customer service after polices. I highly recommend Fatih for insurance for everything.
Brandon at the Barrie branch was quick to respond to our needs for liability insurance for our company. He worked hard for us in securing what we needed within a couple hours! We highly recommend him. He was a pleasure to deal with, very patient and pleasant.
Charlene Small
QUESTIONS & ANSWERS
Frequently Asked Questions
What is commercial general liability insurance, and why do businesses need it?
Commercial general liability (CGL) insurance is coverage designed to protect businesses from financial losses arising from third-party bodily injury, property damage, or personal injury claims. It provides essential protection against lawsuits and legal claims that may result from accidents or incidents occurring on your business premises or due to your business operations.
What does commercial general liability insurance typically cover?
Commercial general liability insurance typically provides coverage for:
- Bodily Injury: Claims for injuries sustained by third parties on your business premises or due to your business operations.
- Property Damage: Claims for damage to someone else’s property caused by your business activities.
- Personal and Advertising Injury: Claims related to defamation, libel, slander, or copyright infringement.
- Legal Defense Costs: Coverage for legal fees and defense expenses in case of covered lawsuits or claims.
Is professional liability covered under commercial general liability insurance?
No, professional liability (also known as errors and omissions insurance) is a separate type of insurance that covers claims related to professional services and advice. It is not typically included in commercial general liability insurance and must be purchased as a separate policy.
Can I add additional insured to my commercial general liability insurance policy?
Yes, many commercial general liability insurance policies allow businesses to add additional insured parties. This means that individuals or entities not initially listed on the policy can also benefit from the coverage in certain situations, such as contractors or clients requiring proof of insurance.
Does commercial general liability insurance cover product liability?
Yes, product liability is usually covered under commercial general liability insurance. If your business manufactures, distributes, or sells products, CGL insurance can protect you from claims arising from injuries or damages caused by a defective product.
Do I need commercial general liability insurance if I have a home-based business?
Yes, even home-based businesses can benefit from commercial general liability insurance. Homeowners’ insurance typically does not provide sufficient coverage for business-related liability claims, so commercial liability insurance is necessary to protect your business and personal assets adequately.