What does general liability insurance cover?
Bodily injury: This includes injuries that are caused to third parties by your business, such as customers, clients, or visitors. For example, if a customer slips and falls in your store, general liability insurance would cover their medical expenses.
Property damage: This includes damage that is caused to third parties' property by your business. For example, if a delivery driver for your business damages someone's car, general liability insurance would cover the cost of repairs.
Personal and advertising injury: This includes claims of libel, slander, and other types of damage that are caused by your business's advertising or marketing materials. For example, if a customer claims that your business's advertising made them sick, general liability insurance would cover your legal defense costs.
Is there anything general liability insurance does not cover?
General liability insurance does not cover all types of claims. For example, it does not cover employee injuries, work-related accidents, or damage to your own property. It also does not cover intentional acts, such as fraud or product liability.
Frequently Asked Questions
What is the difference between general liabity and commerical liability insurance?
The difference between general liability and commercial liability insurance is that commercial liability insurance is a broader term that can include other types of liability insurance, such as product liability insurance and professional liability insurance.
General liability insurance is a specific type of commercial liability insurance that covers:
personal and advertising injury
CGL insurance stands for Commercial General Liability insurance. It is a type of commercial liability insurance that covers a wide range of liability risks, including bodily injury, property damage, and personal and advertising injury. CGL insurance is often required by businesses that work with the public or that have employees.
Why do I need to buy insurance?
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Why do I need general liability insurance?
It is important to have general liability insurance for your business. It can protect you from financial ruin if you are sued for a liability claim. If you are considering starting a business, or if you already have a business, you should talk to an insurance agent about getting general liability insurance.
What does general liability cost?
The cost of general liability insurance varies depending on:
the size of your business
the type of business you operate
the location of your business.
We can get quotes from several different insurance companies to find the best rate for your business.