Commercial General Liability Insurance in Ontario
Keep your business protected from a wide range of risks.
Running a business comes with certain risks. That’s why we suggest that all business owners purchase commercial general liability insurance. Accidents happen — and it’s important to be protected when they do.
At Jeffery & Spence, our commercial general liability (CGL) insurance offers protection from a wide range of risks, with custom policies tailored to fit your specific requirements. This standard type of commercial insurance provides reliable coverage against injuries caused by your products or operations, as well as injuries that occur on your property.
When you choose CGL insurance, we will start by meeting with you to discuss the specific details of your business — this will assist our team in selecting the appropriate type of coverage options to fit your business. We’ll work to find you a cost-effective insurance plan so you can receive the most value at the lowest cost.
Our Years of Expertise
Since 1927, the team at Jeffery & Spence Insurance Brokers have provided quality services to a variety of businesses in Guelph and across Ontario. Our professional brokers will provide you with expert advice and guidance, and will locate the right business insurance coverage for you.
Why Do I Need Commercial General Liability?
Every business has a duty of care towards its customers and to the general public. While accidents and injuries do happen, you need CGL insurance to protect yourself in situations where a duty of care was owed and resulted in an injury.
A common example of the benefit of CGL insurance is a slip and fall. In the event that a slip and fall occurs on your property, as a result of an improperly shovelled sidewalk or a buildup of ice during the winter, you will be protected. Another example is spoilage in a food product that results in a customer getting sick after purchasing it from you. CGL will protect you.
In the event of negligence or a defect in one of your products, your duty of care to your customers or the general public will have been breached. While you may have done your best to prevent an accident from occurring, you will still be held responsible — and you need the proper insurance to protect you from legal action.
Who Needs Commercial General Liability Insurance?
Every business has a duty of care towards its customers and to the general public. While accidents and injuries do happen, you need CGL insurance to protect yourself in situations where a duty of care was owed and resulted in an injury.
A common example of the benefit of CGL insurance is a slip and fall. In the event that a slip and fall occurs on your property, as a result of an improperly shovelled sidewalk or a buildup of ice during the winter, you will be protected. Another example is spoilage in a food product that results in a customer getting sick after purchasing it from you. CGL will protect you.
In the event of negligence or a defect in one of your products, your duty of care to your customers or the general public will have been breached. While you may have done your best to prevent an accident from occurring, you will still be held responsible — and you need the proper insurance to protect you from legal action.
Contractors & Trades
Contractor insurance is an important type of insurance coverage that is required by any business doing contract-based work, particularly contractors working in trades. Learn more about the additional coverages required for tools, equipment, and more.
Small Businesses
From bars and restaurants to small retail stores, any business that has a storefront or home office that customers visit will require additional types of coverage. Learn more about what’s required for your small business.
Consultants & Other Professionals
If your business provides any kind of advice that could have financial ramifications, then it is important to protect your business from legal action. Find out more about the type of coverage required to protect consultants and other professionals from being held liable for errors and omissions.
What Is Covered By Commercial General Liability Insurance?
Commercial general liability (CGL) offers a wide range of coverages for your business, including:
- Advertising Injury Coverage — Protects you against cases of slander, libel, or the infringement of someone else’s copyrights or intellectual property.
- Bodily Injury Coverage — Covers you against any injuries to third-parties, such as customers or visitors, which resulted from your products or operations.
- Operations Liability — Protects you from any injuries or damages caused by work that you have completed as part of a contract, or work that has been put to its intended use.
- Personal Injury Coverage — Covers you against any accidental injuries (e.g. slips and falls) to individuals on your property, including customers, employees, and other visitors.
- Products Liability — Protects you from any injury or damages caused by defects in a product that you manufacture or sell to customers.
- Property Damages Coverage — Covers you against any third-party damages to property incurred by one of your employees while on the job.
- Tenant’s Liability — Ensures that the tenant accepts responsibility for any damages caused to the property that he or she is leasing from you.
Our team can provide more information on these various types of liability coverage and the situations where they may be required.
Contact the insurance experts at Jeffery & Spence today to discuss your options.
