General Liability Insurance is one policy that every business definitely must have. It protects your business from claims related to property damages and bodily injuries that occur on the premises of your business, up to your policy limits. The policy also covers expenses for litigation, judgement, and out-of-court settlements. Moreover, General Liability coverage can also help with medical and legal expenses in a variety of situations. It is the policy that safeguards your business against a variety of known and unknown risks and exposures.
Why does your business need a general liability policy? To avoid paying out-of-pocket for claims related to bodily injury and property damage. Imagine a situation where a customer slips and falls on your business property and as a result breaks his leg. If you have a General Liability Insurance policy, it will cover the costs of the customer’s medical treatment as well as the costs of lawsuits if this customer decides to sue your business. Commercial claims are very costly and can deal significant damage to your business financially.
General Liability Insurance will also cover some situations that are not quite obvious, such as advertising injury or alcohol-related accidents (for companies not in business related to alcohol). The policies are relatively affordable. Our independent agents can find the best rates for your General Liability policy by browsing quotes from the most reputable carriers nationwide.