Commercial Lines Basics Part One
In this series we will study the primary coverages needed by most business operations. In this course baseline property, liability and business interruption is reviewed.
One Hour CE Approved
British Columbia Saskatchewan Manitoba
Core Commercial Coverages
Understand commercial property core coverages: building, stock, and equipment, including fixed structures, tenant improvements, bailee property, consignment stock, and leased equipment.
Liability Basics
Learn liability basics for Canadian P&C brokers, including tort law, negligence, duty of care, occupiers' liability, vicarious liability, and how court decisions shape defence obligations.
Business Interruption Basics
Learn the foundations of Business Interruption Insurance, including indirect loss, covered property damage triggers, restoration periods, BI limits, mitigation duties, and why brokers must address income exposure before a major loss.
About the course
A comprehensive commercial insurance program must protect more than physical property—it must also address the financial consequences of interrupted operations and the legal liability arising from business activities. This course examines three foundational areas: Commercial Property, Business Interruption, and Liability. You'll learn how building, stock, equipment, tenant improvements, and property of others are classified and insured under commercial property coverage. The course then explores how Business Interruption insurance responds when a covered property loss disrupts revenue, including restoration periods, continuing expenses, appropriate limits, mitigation obligations, and extended indemnity. Finally, you'll examine the legal foundations of liability, including negligence, duty of care, breach, causation, foreseeability, occupiers' liability, vicarious liability, and the insurer's duty to defend. By the end of this course, you'll be better equipped to identify a client's core commercial exposures and build insurance programs that protect physical assets, ongoing income, and legal liability.
Meet Your Instructor
For more than four decades, Todd Hochban has worked with Canadian insurance brokers, helping them better understand property and casualty insurance through practical, real-world education. As a seasoned educator, industry speaker, and course developer, he has trained thousands of brokers across Canada, translating complex insurance concepts into clear, actionable learning. Every BrokerBytes course is designed with one goal in mind: to provide practical knowledge that brokers can immediately apply in conversations with clients, underwriting submissions, and claims situations. Rather than focusing on theory alone, these lessons emphasize the issues brokers encounter every day. Whether you're new to the industry or building on years of experience, BrokerBytes delivers concise, focused learning designed for today's busy insurance professional.