We Take Care of Business Liability Insurance in Canada
We are there to protect you when things don't go as planned
If you’re shopping around for business liability insurance in Canada, look no further than Rogers Insurance. We’re one of the largest and most trusted independent insurance brokerages in Canada. For over 40 years, our business liability insurance brokers have been working with Canadian professionals and companies to help them protect their financial security. We work with a large number of insurance companies in order to offer competitive business liability insurance quotes and coverage. We believe in a hands-on, individual approach to insurance. Our experienced business liability insurance brokers are with you from quote to claim. We offer a variety of business liability insurance products, tailored to fit the needs of your industry.
Contact us today for your business liability insurance quote or if you have any questions about your commercial liability insurance coverage.
What is Business Liability Insurance?
What is business liability insurance? How much does business liability insurance cost? Where can I get a business liability insurance quote? These are common questions that Rogers Insurance’s liability insurance brokers get asked every single day. Don’t worry, we’ve got answers.
Business liability insurance provides coverage for legal expenses in the event that your company is sued, including defence costs, settlements and awards, up to your policy limits. There are a number of different types of business liability insurance, including:
- Commercial general liability (CGL) insurance
- Professional liability insurance or errors and omissions insurance
- Product liability insurance
- Directors and officers liability insurance
- Cyber liability insurance
While this isn’t a complete list, these are some of the most common types of business liability insurance in Canada.
Often, business liability insurance is considered to be synonymous with commercial general liability insurance. This is because it’s the most standard form of business liability insurance, one that every company, regardless of size or industry, needs to have. This insurance protects you in the event someone is injured or has their property damaged while on your premises.
For example, if someone slips and breaks their arm while in your store, office, or restaurant, they could sue your business. Even if you’re not held liable, you’ll still need to pay for your legal defence. Business liability insurance could help cover your legal expenses, including defence costs, settlements, and awards.
However, business liability insurance can include many different types of liability insurance. Your liability needs depend on your business – where you operate, your industry, what you provide or sell, and your revenue, among other factors. If you’re not sure what your business needs, talk to one of Rogers’ business liability insurance brokers.
What Does Business Liability Insurance Cover?
Business liability insurance is designed to help offsets the costs of a loss if your business is found legally accountable for damage. Each different liability insurance offers protection for a different type of damage. These insurance policies may cover legal expenses (including some defence costs, settlements and awards) and some offer funds and other resources for recovery after a covered claim.
Property Damage and Bodily Injury
Injuries can have a huge financial impact on your business due to lost wages, pain and suffering, and medical bills. Everyone who enters your premises is at risk for an accidental injury, even if you take precautions to keep people safe.
Commercial general liability insurance is the standard business liability insurance. Your company’s liability for third-party bodily injury and property damage is protected with this coverage.
Professional liability insurance is essential for businesses that provide professional services or professional advice. If a client suffers financial loss allegedly due to your professional service or advice or failure to provide it, they can sue. Even if these claims are unfounded, you may still need to defend yourself in court. This business liability insurance can protect you.
This coverage is also known as errors and omissions insurance.
Product liability insurance is needed for companies that manufacture or sell products. This insurance coverage protects you in the event one of your products causes injury or property damage and you’re sued. This coverage can also help if there are claims of a defect or misrepresentation of a product.
Director and officer liability insurance offers coverage for title-holders in the event they are sued. This can be for wrongful act allegations or other lawsuits.
Cyber liability insurance is another essential as every business engages in digital communication or electronic record-keeping at the very least. This business liability insurance offers protection in the event your company is the victim of a cyberattack or data breach.
There are also specialized coverages available for specific industries and professions. A Rogers Insurance business liability insurance broker can help you determine your company’s needs and find you a competitive business liability insurance quote.
The Value of Having a Rogers Business Liability Insurance Broker
Rogers’ business liability insurance brokers put your business first. They use their insurance expertise and industry knowledge to help you determine what your company’s needs are. Since Rogers Insurance works with a large number of business liability insurance companies, our brokers can find you the insurance coverage that you need. Our business liability insurance quotes are also truly competitive since we’re not just working with one insurer.
We believe in providing value, choice, exceptional customer service, and developing personal relationships with our clients. We don’t just offer quotes and consultations online or over the phone – we’ll happily meet with you personally.
Our Rogers Insurance brokers also understand the cost of business liability insurance. We help you find the right coverage based on your needs and budget and we can also provide advice on how to mitigate risks and lower your premiums. As your business liability insurance brokers, we are your insurance resource. We’re here to answer questions, review your needs, and advocate for you in the event of a claim.
Get a Free Business Liability Insurance Quote
Rogers Insurance offers free business liability insurance quotes and consultations. You can request a quote online, via phone, or come in to meet us in person. Getting your business protected has never been easier!