Professional liability — also called errors & omissions (E&O) — covers legal defence and settlements when a client alleges your professional service caused a financial loss. Consultants, IT and marketing firms, designers, real estate professionals and health practitioners commonly need it, and many contracts and regulators require it.
Business insurance
8 min read
Updated Oct 12, 2026
How Much Is General Liability Insurance in Canada? Costs by Limit and Business Type
For a $2 million limit, Instasure's estimate tool puts general liability (CGL) cost at $386 a year for an example consulting firm and $1,924 for an example restaurant, as of October 2026. Here's the full table by limit and business type, and what moves your price.
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