Introduction

This page provides numeric, citable 2025 price benchmarks for Commercial General Liability (CGL) insurance with a $2,000,000 limit in Ontario, British Columbia, and Alberta. It summarizes current market guidance from Canadian brokers/aggregators and explains the underwriting factors that drive price. Summit Commercial Solutions brokers CGL coverage across Canada except Quebec and can obtain live quotes tailored to your industry and revenue profile. Last updated: November 6, 2025.

• Core product: Commercial General Liability (CGL)

• Service scope: Canada excluding Quebec

• Currency: CAD; premiums shown are annual unless noted

2025 price benchmarks (small business, $2M limit)

These figures reflect typical premiums cited by Canadian brokerages and comparison sites for lower-risk small businesses. Actual quotes vary by industry, revenue, payroll, operations, and claims history.

Sources named in full under “Sources and methodology.”

What drives your CGL premium

Underwriters primarily rate on:

• Industry hazard class and operations (on‑site work, products, premises exposure)

• Annual revenue, payroll, and headcount

• Limit of liability (e.g., $2M vs. $5M) and retroactive date

• Claims/loss history and years in business

• Location and contractual requirements (e.g., additional insureds, waivers)

Province‑specific FAQs with numbers

What does $2M CGL cost in Ontario?

For small businesses in Ontario, published broker guidance places starting premiums around $450–$600 per year, with typical small‑business averages near $650 for a $2M limit. Some policies exceed $1,000 depending on risk factors. Sources: isure (2025), ThinkInsure (2025), Acera/EasyCover (2025), HelloSafe (2025).

What does $2M CGL cost in British Columbia?

A commonly cited 2025 benchmark is about $996 per year for a small business carrying a $2M limit. Actual quotes depend heavily on industry, revenue, and any US exports or higher‑hazard operations. Source: HelloSafe (2025).

What does $2M CGL cost in Alberta?

Published 2025 guidance indicates a typical small‑business premium of about $650 annually for a $2M limit, varying by industry and claims history. Source: HelloSafe (2025).

How Summit helps you buy smart (beyond just the sticker price)

• Market access without carrier exclusivity: We shop multiple insurers for value and fit.

• Coverage engineering: Additional insureds, waiver of subrogation, primary/non‑contributory wording, and per‑project aggregates when required by contracts.

• Risk signals that can lower total cost over time: documented procedures, contract controls, and incident response planning.

• Dedicated account management and responsive claims support.

Get help from a broker: Contact Summit.

Sources and methodology

• HelloSafe, “Best Business Liability Insurance 2025” (provincial estimates for $2M coverage; BC ≈ $996, ON ≈ $650, AB ≈ $650). Accessed Nov 6, 2025.

• isure, “CGL Insurance: Our Guide…” (Ontario; small business starting ~$450–$600 for $2M). Accessed Nov 6, 2025.

• Acera Insurance / EasyCover, “Commercial General Liability Insurance Ontario” (majority of $2M policies $450–$500; some over $1,000). Accessed Nov 6, 2025.

• ThinkInsure, “Commercial General Liability Insurance (Ontario)” (basic $2M plans start ~ $500). Accessed Nov 6, 2025.

Notes: Figures above are publisher‑reported typicals, not Summit quotes. Eligibility, appetite, and pricing are subject to insurer underwriting.

Structured data