Running a business is time-consuming. At Bullfrog, we help keep things simple when it comes to your Vancouver commercial general liability insurance. Get an online quote or even get insured in mere minutes. You get great coverage at a competitive price – and it’s really that easy.
How to Get Commercial General Liability Insurance in Vancouver
We make it simple to get commercial general liability insurance online in Vancouver:
- Enter your profession.
- Provide some basic contact information.
- Answer a few questions about your business operations.
- Choose your insurance coverage.
- Review your quotes.
- Choose a provider.
- Pay online.
You’re now insured! We send you your policy documents and certificate of insurance via email as soon as you’ve paid. There’s no waiting or playing phone tag with Bullfrog!
How much does commercial general liability insurance cost in Vancouver?
The cost of commercial general liability insurance in Vancouver starts at $500 or $1000, depending on the insurance company. Your company’s costs may be higher – it all depends on your risk.
We get you Vancouver commercial general liability insurance quotes from different insurers to make sure you’re getting the best rate for your coverage.
What affects Vancouver commercial general liability insurance rates?
The following factors can affect commercial general liability insurance rates in Vancouver:
- Your insurance coverage options
- Your insurance history
- Where your business operates
- Your company’s location
- Your annual revenue
- The number of employees you have
- Your industry
- Your business operations
Every insurer calculates rates differently, which is one reason we offer you Vancouver commercial general liability insurance quotes from different insurers.
What’s covered by commercial general liability insurance in Vancouver?
Commercial general liability insurance in Vancouver covers your business if you’re sued for causing bodily injury or property damage to a third party due to negligence. You’re covered whether the claims are true or not.
Bodily injury is any physical damage to an individual. Property damage is damage or loss of a third party’s property. A third party is anyone who is not employed by your business, including clients, vendors, service providers, and random passersby. Negligent acts are when due care is not given in a specific circumstance (yes, it is vague – that’s why this protection is important).
Vancouver commercial general liability insurance covers your legal expenses. This includes defense costs (for your lawyer, expert witnesses and more), as well as judgment awards and settlements. The latter two expenses can include paying medical bills, lost wages, the cost of replacing damaged property, and more.
Occurrence Based Coverage
All of Bullfrog Insurance’s policies are occurrence-based coverage. This means that you’re covered for any lawsuits that arise as long as the incident happened during an insured period. Say you’re insured for us for 5 years before you retire. In Year 4, someone slipped and fell, injuring themselves. They waited nearly two years to sue you. Because you were insured when the original incident occurred, you’ll be covered.
What isn’t covered by Vancouver commercial general liability insurance?
Commercial general liability insurance doesn’t cover Vancouver companies for anything other than lawsuits for negligence causing injury or property damage to a third party. This means that the following are not covered by this type of insurance:
- Injury or property damage caused while operating a motor vehicle
- Injury or property damage caused intentionally
- Injury to employees
- Damage to your company’s property
- Lawsuits relating to causing financial loss due to your professional service or advice
- Medical malpractice
- Cyber liability or data breaches
Other insurance products may be able to help protect your business in the above scenarios. Contact us for more details!
Here are a few scenarios where commercial general liability insurance would help your Vancouver business:
- Bodily Injury – A client slips, falls and injures themselves on your premises or at your worksite.
- Property Damage – An employee at a worksite drops something and causes damage to the client’s flooring. The client sues you for damages.
- Reputation Harm – You give an interview about the problems in your industry. A competitor sues you for harming their reputation.
There are many scenarios where accidental negligence can cause injury or property damage, which is why this coverage is encouraged for all Vancouver businesses, regardless of injury.
Do Vancouver businesses need commercial general liability insurance?
Commercial general liability insurance is not required by law in Vancouver, but it may be required by a contract. It is also a good way to protect your business financially, as a lawsuit can bankrupt a business.
What happens if I don’t have commercial general liability insurance in Vancouver?
If you do not have Vancouver commercial general liability insurance and you are sued for causing injury or property damage to a third party due to negligence, you will need to cover the costs out of pocket. This can be financially crippling for a business.
Is my Vancouver business at risk for being sued?
Yes, all businesses in Vancouver are at risk for being sued if someone is hurt or has their property damaged due to negligence. This is a common liability.
Why do some contracts require commercial general liability insurance in Vancouver?
Contracts require commercial general liability insurance in Vancouver to protect everyone involved. Lawsuits can be very expensive. This coverage helps reduce the financial burden on a company and also gives wronged parties an avenue to get reparations for an injury or property damage.
How much commercial general liability insurance do I need in Vancouver?
The amount of commercial general liability insurance your business needs in Vancouver depends on your individual circumstance. Bullfrog offers the following levels of protection:
- $2 million
- $3 million
- $4 million
- $5 million
If you’re not sure how much coverage you need, consider these questions:
- How common are lawsuits in your industry?
- How expensive are lawsuits in your industry?
- Do your business operations have any more or fewer risks than other companies in your industry?
- Who are your customers?
- How many employees do you have?
- What is your annual revenue?
- Where are your premises or worksites located?
- Where does your company operate (I.e. within one province or nationally or internationally)?
- How much could you cover out of pocket if you were sued?
If you’re not sure how much insurance you need, our experts are happy to help. Contact us via online chat, email or phone.
Why Choose Bullfrog for Commercial General Liability Insurance in Vancouver
Here are a few reasons to choose Bullfrog for your commercial general liability insurance in Vancouver:
- It’s fast.
- It’s easy.
- It’s online.
- We’ve got insurance experts who are here to help if you have questions or need advice.
- We’ve got great protection for your Vancouver business.
- We offer competitive rates and multiple Vancouver commercial general liability insurance quotes in one convenient place.
Get instant coverage, rockstar treatment and no bull from Bullfrog Insurance.
How to get it
Simply fill out our short online questionnaire and we instantly provide you with multiple online insurance quotes based on your needs. All coverage options are standardized between insurance companies so all you have to do is compare insurance quotes based on price!Get a Quote Now
Why our customers love Bullfrog
Our customers love Bullfrog because we make insurance simple. Do it quickly online yourself or talk to one of our knowledgeable insurance brokers. We’re responsive and professional and our insurance coverage is quality and competitively priced.
White Lilac INC. / Alberta
Thank you so much for your assistance, you made the process so painless. I have contacted other brokers before and they made it so complicated. Also, you were far more efficient!
Harassment Solutions INC / BC & AB
Due to a client’s request, and for the first time, I needed Commercial General Liability insurance, but I had no clue where to start. I Googled “CGL” and up came Bullfrog Insurance. Even though my needs were relatively small, due to the client needs, they had to be very specific. Every question I asked was answered by the Bullfrog insurance representative, Raman, who was very helpful. And then when I realized I needed more coverage, she didn’t flinch and let me know she’d get back to me right away. I got great coverage and all of it was done via email. Now I’ll know who to turn to for other small business insurance needs.