Commercial Liability Insurance for NS and NB Corporations

Commercial liability exposure is a business owner’s largest opportunity for financial collapse. Everyone can be sued regardless of fault and it is the company’s responsibility to defend against any claims related to negligence. The commercial general liability policy(CGL) provides defense cost as well as cover for “deemed” negligence for losses occurring due to an insured peril that occurs from your business operation.

If you are renting space from others you are also responsible for that space and Tenants legal liability is an inexpensive add on the CGL.

It is very important to note that without additional endorsements to the CGL (at a cost) there are very specific exclusions such as pollution, errors and omissions,(designing or installing specialized products or services) , professional service (consulting), etc.

Often businesses start out with a simple operation and then evolve into other services that are different than presented to the insurer originally. It is always a good practice to discuss change of operations with your insurance broker to ensure insurance coverage is provided. The onus is on the insured to update any changes to operations.

There is a short two page Commercial General Liability application that will allow OTC Insurance Brokers Inc. to get a preliminary quote for your CGL.

Click here to access the application now.

Don't be shellfish...Tweet about this on TwitterShare on Google+Share on LinkedInEmail this to someoneShare on Facebook
Recent Post
  • Mike S. from Halifax just saved $300 per year on his premiums by moving to OTC Insurance

    December 10, 2009 continue reading...
  • OTC Insurance can help to reduce your Commercial Insurance premiums – we recently saved one business HRM

    December 10, 2009 continue reading...
  • OTC Insurance has saved it client’s 30% (on average) for Home Insurance during December 2009

    December 10, 2009 continue reading...
  • Let OTC quote your for your insurance renewals this year and save!

    January 26, 2010 continue reading...
  • Nova Scotians injured in a minor car accident are now going to be eligible for more money because the governme

    April 30, 2010 continue reading...
  • I Wonder How Many People Know About This: A 36 year old female had an accident several weeks ago and totaled h

    April 30, 2010 continue reading...

What our Clients are Saying

  • tammy-mackay-moulding-warehouse-testimonial-headshot

    If you want knowledgeable people you can trust who will properly protect your company’s assets, you should call OTC Insurance today. With OTC, I’m enjoying more coverage and lower prices.

    T. MacKay
    The Moulding Warehouse
    Hammonds Plains NS

  • client-profile-img

    Shortly after moving my business to OTC my car was involved in an accident and there was a dispute about liability. Fortunately, Jack was on my side. He was very considerate and professional. What was determined a closed case by the other parties was reopened because of due diligence.

    Dorinda MacIsaac