Commercial General Liability Insurance

Mishaps and accidents may happen anywhere anytime, and you might end up in a large lawsuit even though you feel you didn’t do anything wrong. This could severely cripple your business financially or even leave you bankrupt. However, if you have general liability insurance coverage, your assets are protected against bodily injury or damages. There are generally four categories of coverage on a standard general liability insurance policy.

What is Covered by a General Liability Insurance policy?

Deciding whether to get Coverage for Your Business

Consider general liability insurance coverage if:

Whether you are at fault or not, general liability insurance covers you against such claims.

Types of businesses that require having general liability:

Choosing General Liability Insurance

You can purchase general liability insurance as part of the business owner’s policy (BOP) package or as a stand-alone policy. While a BOP package comes bundled with both property coverage and liability insurance policy, a stand-alone policy does not always comprise property coverage. A (BOP) Business owners’ package may also cover lost income and expenses that the business incurs. Not having comprehensive coverage can leave a company unprotected and leave its financial assets at risk. With large awards in lawsuits happening every day, a claim against you can be catastrophic in nature and perhaps determine whether you can continue as a going concern.

Call us now to quote your Business Owners Policy and General Liability