General Liability Insurance Toronto

Also known as commercial liability insurance (CGL), general liability insurance in Toronto is one of the most basic forms of business insurance you can have in place. 

Any amount of unforeseen risks threaten the daily operations of every business. You have worked hard to get your business to where it is today. Why risk it? That is why KASE Insurance is here to help. Protect your hard work and passion with a general liability policy that suits your needs.

Find out why general liability insurance in Toronto is right for you.

What is General Liability Insurance?

Arguably one of the most important types of business insurance you can get, general liability insurance protects you from a wide range of liabilities and other incidents that may result in legal actions such as a lawsuit. Most businesses are at a higher risk of facing these kinds of liabilities than the average person, which is why having the right protection in place is vital. Not only can it help your business remain operating profitably, but it can even ensure that you save money while doing so.

Close up of a business owner giving a thumbs up because of general liability insurance.

Why is General Liability Insurance so Important?

General liability insurance in Toronto is specifically designed to protect businesses from a variety of liabilities. You are exposed to a wide range of risks when dealing with clients, working with suppliers or vendors, managing employees, and simply conducting everyday business.

You don’t want to find yourself in a position where you are faced with expensive legal fees and payouts due to an accident or any third party damages. Most general liability insurance policies in Toronto should guard you against the expense of attorney fees, litigation, out-of-court settlements, and most judgments awards by the courts. Without general liability insurance in place, you could suffer significant financial stress due to lawsuits or other circumstances.

Running a business is already stressful enough. Having the coverage you need will give you the extra peace of mind to focus on operating efficiently and generating a profit.

What Does General Liability Insurance Cover?

There is a wide range of scenarios and liability thresholds that general liability insurance in Toronto can cover. These can include:

  • Employee Injuries: General liability insurance in Toronto can protect your employees if they are ever injured on the job or at an off-site location.
  • Accidental Injuries: This includes any injuries to your customers visiting your place of business, as well as any suppliers who might be making deliveries.
  • Product Liability: If any injuries are caused as the result of a product you create or sell, you can rest assured knowing that you are protected against any claims.
  • Property Damage: Should an employee cause any property damage while visiting one of your customers, general liability insurance can cover the cost of the damages.
  • Reputational Liability: Find coverage should any injury to your business be caused by libel or slander.

Which insurance riders are included in your general liability insurance plan will depend on what you and your business require. Every business is different and as a leading insurance brokerage in the Toronto area, KASE Insurance provides specialized insurance plans to suit our clients’ needs.

Who Needs General Liability Insurance?

Almost every business of every size and within any industry should have general liability insurance in Toronto. There are a couple of key identifiers that can help you discern whether its right for you. This list includes:

  • If you sell a physical product
  • If your employees are routinely visiting either clients and/or suppliers
  • If you rent an office or commercial space to conduct your business
  • If you have clients and/or suppliers who visit your office or home

A variety of factors will contribute to how much general liability insurance in Toronto will cost you, including which industry you are operating within, the level of your experience within the industry, how much revenue you generate, the number of employees on your staff, and where your business is located. However, regardless of the type of business you run or what sector you are within, general liability insurance is a critical component.

Why go with KASE Insurance?

You never know when an accident might occur. That’s why having a general liability insurance policy in place is the basis of protection for you and your business. And the first step is to find an insurance brokerage in Toronto that you can trust.

At KASE Insurance, we are committed to client satisfaction. Each and every client will be assigned an account manager to ensure that all of your individual concerns are addressed and your needs are met. We work with a wide variety of individuals from industries of all kinds, and businesses of all sizes, in order to provide them with the insurance that they need. It is our top priority to provide you with the right general liability insurance policy at a rate that you are sure to love!

If you are looking for all-inclusive coverage through general liability insurance in Toronto, KASE Insurance can help! Contact us today to find out exactly why we are the right choice and what we can do for you. Make general liability insurance with KASE your next smart business decision.