What is Commercial General Liability Insurance?

What is Commercial General Liability Insurance

What is Commercial General Liability Insurance?

Commercial General Liability (CGL) is an insurance policy that offers financial coverage for third-party bodily injury and property damage claims caused by your business due to negligence or unforeseeable events.


If your business is sued, CGL insurance often covers compensatory damages and legal defense costs, regardless of the outcome of the action.


What does Commercial General Liability Insurance Cover?


Commercial General Liability Insurance covers coverage typically for legal fees and damages incurred in the following areas of coverage:


Injuries or damage to a third party person or property caused by your business operations is bodily injury liability.


Product Liability:


Damage to property or bodily harm caused by a product you sell or furnish.


Tenant's Legal Liability: 


The costs of repairing or replacing the property of others that you rent or inhabit.


Personal and Advertising Injury Liability: Defamation, libel, slander, or false advertising claims.

Who is Eligible for Commercial General Liability Insurance?


As a business owner, you contact any third parties, such as clients, vendors, and other businesses, who may be engaged in an accident or claim that your business caused them loss or damage.



Commercial General Liability Insurance is required if you:

  • You have an office or clients come to you at home.
  • You pay a visit to your client's office or home.
  • You have employees who conduct business outside of the office.
  • What is the cost of Commercial General Liability Insurance?


A basic Commercial General Liability Insurance policy with a $2M limit will cost $450 per year for a small to medium-sized business.


When you complete our online application, we will ask you some questions about your business to better understand your requirements. When evaluating the best policy options for you, the following aspects are considered:

  • Years of Expertise
  • Gross Revenue (Annual and Projected)
  • Employees' Number
  • Insurance Claims in the Past

We've collaborated with over fifty insurance carriers to give you various solutions that meet your business's needs at the most excellent price.



What does Commercial General Liability Insurance not Cover?

  • Commercial Liability Insurance often excludes coverage for:
  • Contractual responsibility;
  • Intentional criminal behavior;
  • Infringement of patent;
  • Automobiles or motor vehicles (you'll require Commercial Auto Insurance); or
  • You offer professional services or guidance (you need Professional Liability Insurance).

Commercial General Liability Insurance should be paired with what other types of insurance?


Business owners should consider various forms of insurance when developing a complete insurance policy to protect themselves against third-party liability lawsuits or claims.


For further details on specialized coverage, look into the following business insurance policies:


Insurance for Professional Liability (also known as Errors and Omissions)

  • Insurance for Product Liability
  • Insurance for Commercial Property
  • Commercial Auto Insurance
  • Insurance for Cyber Liability
  • Insurance for Directors and Officers

Ramzan ki 17 Sehri Mubarak Images 2022 | 17th Sehri Mubarak

In Muslim countries, Ramzan is widely observed. People use Ramzan ki 17th Sehri Mubarak Images 2022 on their social media platforms. This month is packed with blessings. People fast from sunrise to sunset, and it is required for all adult Muslims who are not seriously or chronically ill, travelling, or suffering from any other health difficulties. The predawn meal is known as Sehri, while the nocturnal meal that breaks the fast is known as Iftari. During Ramzan Kareem, people prepare a variety of meals for their dinner tables. During this Ramzan Month, people make efforts for both Sehri and Aftari. Images from Ramzan ki 17 Sehri Mubarak 2022 are used for status and Dps.

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In Muslim countries, Ramzan is widely observed. People use Ramzan 16th Sehri Mubarak Images 2022 on their social media platforms. This month is packed with blessings. People fast from sunrise to sunset, and it is required for all adult Muslims who are not seriously or chronically ill, travelling, or suffering from any other health difficulties. The predawn meal is known as Sehri, while the nocturnal meal that breaks the fast is known as Iftari. During Ramzan Kareem, people prepare a variety of meals for their dinner tables. During this Ramzan Month, people make efforts for both Sehri and Aftari. Images from Ramzan ki 16 Sehri Mubarak 2022 are used for status and Dps.

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What is Commercial Auto Insurance? Covers and Costs

What is Commercial Auto Insurance

What is Commercial Auto Insurance?

Commercial auto insurance, also known as commercial vehicle insurance or business auto insurance, covers vehicles used for business purposes such as cars, trucks, vans, and trailers. A commercial auto policy should be obtained for any vehicle used to transport materials, tools and equipment, packaged items, or people.

Why is Commercial Auto Insurance Required?

Independent contractors and small business owners must protect themselves from third-party liability and property damage when using any vehicle for business reasons. 

Most personal car insurance policies do not cover accidents or events involving any vehicle used for business purposes.

What Does Commercial Auto Insurance Cover?

In Canada, a normal commercial auto policy is similar to the coverages found in a personal auto insurance policy. In Ontario, for example, a personal car insurance policy includes:

Liability to Third Parties:

Provides coverage if you are at fault in an accident that injures or kills someone or damages their property.

Direct Compensation Property Damage:

If you are partially or completely at fault for an accident, DCPD will cover your vehicle, its attached components (such as the dashboard infotainment system), and the loss of use of your vehicle.

 Instead of using the other driver for damages, DCPD requires you to deal with your insurer directly.

Benefits for Accidents

If you are wounded in an auto accident, accident benefits will cover your medical expenditures and rehabilitation costs regardless of whether you were at fault for the accident. 

You might choose to increase your accident benefits coverage limit. Speak with your broker about your alternatives.

Uninsured Vehicle:

If you are in an accident with an uninsured motorist or an unknown driver who performs a hit-and-run, your uninsured auto policy will pay for vehicle damage.

What is the Cost of Commercial Auto Insurance?

A commercial auto insurance policy's cost is determined by various factors, including:

  • Your driving record and years of driving experience
  • What kind of vehicle do you drive
  • Your gender and age
  • Where you reside or where you usually park your vehicle
  • How many kilometers do you drive each year?

Depending on these and other factors, different insurers charge different premiums. That is why it is beneficial to have a broker shop around on your behalf to get you a policy that meets your demands at a reasonable price.

Are There any Commercial Auto Insurance Savings Available?

If you have a commercial auto insurance policy, you may be eligible to get a discount if you:

You have no claims and a spotless driving record.

You have more than one commercial insurance policy with the same business.

On a commercial auto insurance policy, you might save up to 15% or more. Speak with your broker about your eligibility and the steps you can take to reduce your annual premium. 

For example, if your firm has five or more vehicles, inquire about a commercial fleet insurance policy, which is often less expensive than acquiring individual commercial auto policies for each vehicle.

Is it Legal to Drive a Pickup Truck as a Commercial Vehicle?

Pickup trucks are considered commercial motor vehicles in most provinces if they are utilized for commercial or business purposes. However, you should verify with your provincial transportation ministry to see if your pickup truck is considered a commercial vehicle.

Read Also: What is Car Insurance?

What is Car Insurance? Covers and Costs

What is Car Insurance

What is Car Insurance?

Car insurance, auto insurance, or vehicle insurance is an insurance policy that covers a wide range of personal vehicles, including automobiles, vans, SUVs, pickup trucks, motorbikes, and other road vehicles.

Car insurance protects you financially against physical damage or bodily injury caused by an accident or collision, as well as the liability you may face as a result of occurrences that occur while driving a car, whether you own it or not.

It protects you from having to pay to repair your vehicle or the vehicle of another motorist if it is damaged in an accident. It also protects you if you are at fault for a collision that damages another person's vehicle or property, or if the incident injures them.

What Car Insurance Does it Cover?

Depending on your province, you must have several forms of necessary car insurance coverages and coverage limitations. The following are the most typical types of mandatory coverages found in a car insurance policy:

Liability to Third Parties

Third-party liability protects you financially if you are involved in an accident, injure someone else, and are found to be at blame for the mishap. You could face legal consequences if you injure or kill someone, or cause damage to another person's property or vehicle. 

It will also cover your legal fees if you are sued by one of your passengers or another driver who was involved in an accident while you were driving.

Bodily injury coverage pays for the medical expenditures of other people harmed in an accident, including lost income if their injuries are serious and they are unable to return to work.

Property damage coverage compensates you for damages caused by your car to someone else's property, such as vehicles, residences, and other structures.

Benefits From an Accident

Accident benefits cover the cost of injuries sustained by you or any passengers in your vehicle in the event of a collision, regardless of who is at fault. 

It compensates for lost income, pays for medical or other expenditures, and may provide a death benefit to loved ones if the unthinkable occurs.

Uninsured Vehicle or Driver

If you or a member of your family is injured or killed in a car accident caused by another driver who is not insured, uninsured auto coverage can assist pay for vehicle damages. It also covers your medical bills, lost wages, and other expenditures incurred as a result of the accident. 

Some provinces, including British Columbia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island, do not need uninsured motorist coverage.

Property Damage Direct Compensation

The term DC-PD refers to how your claims are paid. In Ontario, for example, you are reimbursed directly by your insurer because DC-PD is part of the province's no-fault insurance system. 

Not all provinces work the same way. Nonetheless, this form of coverage assists in the repair or replacement of your car (and its related items, such as your vehicle's infotainment system) if you are not at fault in an accident. 

The goal of DC-PD coverage is to ensure that your accident claim is processed swiftly by your insurance carrier rather than having to wait for the insurer of another driver to complete its investigation of a crash.

What is the Cost of Car Insurance?

The cost of an annual car insurance policy in Canada varies by insurance provider and is decided by your province's car insurance regulator. Some provinces, such as British Columbia, Manitoba, and Saskatchewan, have public auto insurance systems.

Private auto insurance is available in several provinces, including Ontario, Alberta, and Nova Scotia.

Among the factors considered by insurers when deciding your rate are:

  • Your gender and age
  • If you are under the age of 25, please include your marital status.
  • Your credit rating (not applicable in some provinces)
  • Where you live
  • Your driving history and experience
  • What kind of vehicle do you drive
  • How many kilometers do you drive each year?
  • Your car insurance history

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