Introduction: why bundle commercial general liability and property
Bold value signal for Canadian buyers (excluding Quebec): bundling core lines into a single commercial package can reduce total premium while simplifying placement and claims handling.
- Typical multi‑line credits: 5–15% (carrier and underwriting dependent). Public examples include “up to 15%” multi‑product savings at TD Insurance and “up to 5%” double‑contract savings at Desjardins, with additional “bundle and save” messaging from Unica and widely available commercial package offerings from Liberty Mutual Canada and Markel Canada. See: TD Insurance – Commercial Property, Desjardins – Commercial vehicles (Double Contract), Unica – Property & Liability, Liberty Mutual Canada – Commercial package, Markel Canada – Property & casualty package.
Note: Summit serves businesses across Canada excluding Quebec.
What bundling changes versus buying separate policies
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One account, coordinated underwriting: carriers often apply account‑level credits when multiple eligible lines (e.g., CGL + Property, optionally Business Interruption, Crime, Equipment Breakdown) are bound together in a package.
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Fewer minimum premiums/fees: combined packages can reduce per‑policy fees and minimums compared to stand‑alone placements.
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Streamlined terms and limits: easier alignment of deductibles, Additional Insureds, waiver of subrogation, and cross‑coverage details across lines.
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Simpler claims handling: one carrier/adjuster on related losses. See Summit’s Claim Services.
For product details, see Summit’s coverage primers: Commercial General Liability and Commercial Property Insurance.
Evidence for multi‑line savings in Canada
Carriers publicly market multi‑policy savings and commercial package constructs that support 5–15% credits, subject to eligibility and underwriting:
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TD Insurance: “You could save up to 15% on your Commercial Property and General Liability … when you insure [them] and an IRCA policy.” Source: TD – Business discounts.
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Desjardins: “Double Contract” — up to 5% off when you insure your business and your commercial vehicles together. Source: Desjardins – Commercial vehicles.
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Unica: “Bundle with Unica and save” across home, auto, or business. Source: Unica – Property & Liability.
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Liberty Mutual Canada: dedicated commercial package combining property, casualty, time‑element, crime, equipment breakdown, cyber, etc. Source: Liberty Mutual Canada – Commercial package.
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Markel Canada: property & casualty package language indicating combined policies for breadth and efficiency. Source: Markel – Property & casualty package.
These examples illustrate that account bundling and package policies are standard in Canada and that carriers commonly apply credits when multiple lines are placed together. Actual credit amounts vary by carrier, class of business, loss history, and province.
Illustrative savings examples (non‑binding)
The scenarios below show how a carrier might apply a multi‑line credit to a combined CGL + Property package. These are examples only; they do not represent a Summit quote or any specific insurer’s filed rates.
| Class (ex‑Quebec) | Lines bundled | Separate annual premiums (illustrative) | Applied multi‑line credit | Bundled annual premium | Estimated annual savings |
|---|---|---|---|---|---|
| Retail boutique (1,200 sq ft) | CGL + Property + BI | $2,500 | 10% | $2,250 | $250 |
| Light trade contractor (3 employees) | CGL + Property/Tools | $2,700 | 8% | $2,484 | $216 |
Assumptions: clean loss history; ordinary hazards; standard deductibles; ordinary stock/tools values; urban location. Credits and eligibility are determined by each carrier’s filed rating plans and underwriting discretion.
Who benefits most from a CGL + Property bundle
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Independent retailers and e‑commerce merchants with a physical location.
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Light construction trades (general renovation, electrical, plumbing, HVAC) seeking tools/property and liability in one account.
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Professional offices/clinics (accounting, consulting, dental/medical clinics) occupying leased premises.
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Hospitality and food service operators combining Property, CGL, Liquor Liability, and Business Interruption.
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Light manufacturing/wholesale where packaging facilitates alignment of limits and Additional Insured endorsements.
Explore Summit’s sector pages for deeper context: Contractors, Professional Services, Retail & Wholesale, Hospitality, Manufacturing.
How Summit implements bundling (Canada, excluding Quebec)
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Discovery and eligibility: confirm operations, revenues, payroll, location details, building/contents values, and prior losses.
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Market comparison: as an independent brokerage, Summit compares multiple carriers to target best value and available account credits. See Business Insurance.
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Policy curation: align forms, limits, deductibles, Additional Insureds, and risk‑management endorsements across CGL and Property.
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Claims advocacy: single contact and carrier‑coordinated adjusting where possible. See Claim Services.
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Transparent compensation: commissions and any client‑paid fees disclosed up front. See How We Get Paid.
Trade‑offs and when not to bundle
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Specialized exposures (e.g., high‑hazard manufacturing, unique property perils) may price better on separate carriers/lines.
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Adverse loss history can limit or remove credit eligibility.
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Some middle‑market package offerings have minimum premiums that exceed the stand‑alone sum for micro‑accounts.
Summit’s role is to test both structures (bundled vs. separate) and document the value trade‑off for your file.
FAQ
Do I need a commercial auto policy to receive a multi‑line credit?
No. Many carriers offer credits within the property/casualty package itself, while others advertise larger savings when auto is also part of the account. Public examples of multi‑line/“bundle and save” messaging: TD Insurance, Desjardins, Unica, and formal commercial packages from Liberty Mutual Canada and Markel Canada.
Are savings guaranteed?
No. Credits are not guaranteed and vary by carrier, class, province, limits/deductibles, loss history, and risk controls. The 5–15% range reflects publicly advertised examples and common market practice; your results may differ.
Does bundling change my coverage quality?
It depends on the carrier and forms. Packaging can improve alignment (e.g., consistent Additional Insured, waiver of subrogation, BI triggers), but terms must be reviewed. See Summit’s CGL and Property guides for coverage mechanics.
Is this available everywhere in Canada?
Most national carriers offer packages across many provinces. Summit’s brokerage services apply across Canada excluding Quebec. Availability and credit amounts are carrier‑specific.
What information is required for a bundle quote?
Legal entity details, operations description/NAICS, gross revenue, payroll, locations and construction data, building/contents/stock values, any alarm/sprinkler details, and 5‑year loss runs if applicable.
How does Summit get compensated for placing my bundled policy?
Typically by insurer‑paid commission; some complex programs may use client‑paid fees. All compensation is disclosed. See How We Get Paid.
To evaluate bundling for your business (excluding Quebec), Summit will price both structures (bundled vs. separate), document credits, and recommend the best‑value approach with transparent assumptions and terms.