The Business Owner's Shield: What Commercial General Liability - CGL Insurance Really Covers

Stop Worrying About Lawsuits. Keep Growing Your Business.

Every business has risks. Your busy shop in Fort Saskatchewan is growing. Your office in Edmonton is expanding. But problems still happen. A shopper might slip. An online ad could cause a fight. Your workers might damage a client’s home.

If you lack the right plan, one accident can wipe out your gains. This is why CGL Insurance matters so much. It is a vital shield for your company.

At Farnese Insurance, we help local Alberta businesses. We give you simple facts about coverage. Commercial General Liability (CGL) insurance is a smart choice. It protects your business’s future.

Let’s quickly explain what this policy covers for you.

What is Commercial General Liability (CGL) Insurance?

Think of CGL Insurance as your first defense. It covers the usual risks of your business. It stops your company from losing cash. This happens if you are found responsible for harming someone. It saves your business from huge legal costs.

Many owners ask us, “What does CGL insurance cover?” This is key for people who own an LLC or Inc. The policy protects you in three main ways:

Coverage A: Injuries and Property Damage

This is the most important part of your CGL Insurance plan. It pays for claims from accidents on your site. It also covers harm caused by your product or service.

• Bodily Injury: This covers people who get hurt at your place. They must not be your staff. It covers injuries from your work, too.
  • Example: A customer slips in your shop. They break their arm. CGL pays their doctor bills. It also pays for your lawyer if they sue.
• Property Damage: This shields you if your team damages someone else’s property.
• • Example: Your crew works on a client’s home. They break a fence by mistake. CGL pays for the repair.

This plan also lasts after the job is done. It is called “Products-Completed Operations.” If a product you sold causes harm later, you are still covered. This is a must-have for contractors and sellers.

Coverage B: Personal & Advertising Injury

Today, claims come from words and images. They are not always physical. This part of your CGL Insurance protects you from certain claims.

It covers things like:

• Slander and Libel: False things said or written that hurt a person’s name.
• Copyright Issues: Using someone’s photo in your ad without asking.

This defense is key for any business that advertises. One small error online can lead to a big lawsuit. This coverage is your support in these times.

Coverage C: Medical Payments

This part of your CGL Insurance pays for small injuries fast. It covers the hurt person’s first medical bills. This happens even if you were not at fault.

• Example: A delivery driver trips on the steps at your office. They twist their foot. CGL Medical Payments can pay for that first clinic visit.

Paying minor bills at once can often stop bigger lawsuits later. This saves you stress and time.

Finding the Best Price: Is CGL Insurance a Law?

You may ask, “How much does CGL insurance cost?” Or, “Do I need CGL for my small business?” The cost of a policy is tiny next to the cost of a lawsuit.

A small business lawsuit can cost thousands of dollars. Many legal fees can go over $100,000. Some cases even top $1 million. (Source: Embroker). This money is for lawyers, court fees, and final payments.

Your CGL Insurance covers all these legal costs. It pays them even if you win the case.

Key Facts for Alberta Business Owners:

• Clients Require It: Most clients and landlords in Alberta will ask for CGL Insurance. You need to show a Certificate of Insurance (COI) to seal a deal.
• Safety Net: It stops small issues from becoming major money problems.
• Less Stress: With this plan, you can focus on growth. You worry less about the unknown.

What CGL Insurance Does Not Cover

CGL Insurance gives full protection. Yet, it does not cover every risk. You must know what the policy excludes. You will need other plans for these risks:

• Staff Injuries: This is covered by Workers’ Compensation insurance (WCB in Alberta).
• Bad Advice: If your firm gives advice (like a consultant), you need Professional Liability insurance.
• Car Crashes: Your business vehicles need Commercial Auto insurance.
• Data Hacks: Cyber Liability insurance covers online theft of data.

You should combine CGL with other plans. This gives your business the best defense possible.

Quick Guide: Get the Right Coverage Now

Your business is special. Your risks are, too. Don’t choose a plan made for just anyone.

• Correct Limits: Let us help you find the right amount of coverage.
• Local Focus: We know the unique issues you face in Fort Saskatchewan.
• Save Money: You can often bundle CGL with other plans and pay less.

Your Local Partner for CGL Insurance

Learning about Commercial General Liability insurance should not be hard. Farnese Insurance is here to help. We are ready to serve you in the Fort Saskatchewan area. We give clear, helpful advice to business owners.

We know the Alberta market and its challenges. Our goal is simple: You must have the correct CGL Insurance. You can then run your business with faith. We explain what CGL insurance truly covers. We find you the best rates for the full protection you need.

Ready to protect your company with strong CGL Insurance?

Get a Free, Fast CGL Insurance Quote Today!

Click Here to Talk to a Farnese Insurance Expert Now!

Frequently Asked Questions about CGL Insurance

1. CGL vs. Business Owner’s Policy (BOP): What is the difference? A BOP combines CGL insurance and commercial property insurance. It is one package. This is often the best choice for small firms with a physical office. CGL is only the liability part.
2. Does general liability cover my workers if they get hurt? No. CGL Insurance does not pay for injuries to your staff. Workers’ Compensation insurance covers employees. Most provinces make you buy this if you have staff.
3. Is CGL insurance always required by Alberta law? The law in Alberta does not always require CGL Insurance. However, clients, vendors, and landlords almost always demand it. It is a key safety net for your company’s money.
4. How can I get a great CGL Insurance quote? It is easy! Just call Farnese Insurance. We will learn about your business risks. Then, we check with our top carriers. We will find you the best CGL Insurance policy at a low price.
5. What is the “aggregate limit”? The aggregate limit is the most money your CGL Insurance will pay out. This is for all covered claims within one policy year.

Conclusion: Secure Your Business with the Right CGL Insurance

Your business shows your hard work. Don’t let it be open to lawsuits. Learning what Commercial General Liability (CGL) insurance covers is the best move. It builds a very strong base.

At Farnese Insurance, we are your partners. Let us help you find a CGL Insurance policy that really shields your business. You can then succeed in the growing Alberta market.