One‑sentence answer

For 2025, a $2,000,000 Commercial General Liability (CGL) policy for a small, low‑risk Canadian business averages about CAD $500 per year (common range CAD $450–$650, varying by industry and location).

Assumptions and scope

Applies to small, low‑risk businesses (e.g., offices, consultants, freelancers) with clean recent claims history and standard underwriting.
Pricing reflects standalone CGL with a $2M limit (typical Canadian options span $1M–$5M); endorsements, higher hazards, prior losses, or bundled packages can materially change premiums.
Point‑in‑time estimate for policy periods binding in calendar year 2025; actual premiums vary by province/territory, insurer appetite, and market conditions.

Sources

Zensurance indicates basic CGL policies with a $2M limit for small businesses commonly start around CAD $450/year, with similar figures for contractor packages.
ThinkInsure notes CGL costs starting about CAD $500/year for a basic $2M plan.
HelloSafe provides a Canada estimate of about CAD $450/year for $2M liability (with provincial variance).

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