General Liability Insurance
What is it?
General Liability insurance, sometimes called business insurance or commercial liability insurance, provides insurance coverage for your business against claims by others of bodily injury, damage to property, or personal injury. If someone comes to your place of business and is injured, a general liability policy could cover their medical costs. If someone else’s property is damaged and you are found to be responsible, the repair or replacement cost could be covered. And if someone’s reputation is damaged by something you or an employee said or wrote about them, the associated costs could be covered.
Commercial general liability insurance helps protect your business and employees from the risk of lawsuits involving:
Bodily injury or property damage. For claims that your business caused someone bodily harm or damaged someone’s property.
Reputational harm. For claims of malicious prosecution, libel, slander, wrongful eviction, violation of the right of privacy and more.
Advertising injuries. For claims alleging copyright infringement in your advertisements.
Medical payments. To help cover medical costs if someone sustains an injury at your business.
Damage to rented property. If property you rent gets damaged by fire, lightning or explosion.
General liability insurance will not protect you from everything. As a business owner you can enhance a basic policy with additional commercial liability insurance options that meet the specific needs of your business.
Tailored insurance: We specialize in businesses like yours and tailor coverage to the risks in your field.
You Will Look Credible
When you have insurance for your business, it will make it look like a credible business. It shows customers and prospective clients that you are serious about your business. That’s why a lot of businesses will put on their signs and trucks that they are licensed, insured and bonded.
You will be protected
Just imagine someone is in your business and they slip and fall on the floor, becoming hurt. What are you going to do? If you have insurance, that would take care of the person’s injuries. When you are insured, you can feel more confident running your business without having to worry about someone becoming hurt inside of it.