Protect your business from liability claims
General liability (GL) insurance is one of the most common and well known types of insurance for business. It is coverage that can protect your business from claims including bodily injury, property damage, personal injury an others that can arise from your business operations. General liabiilty insurance usually include:
- Bodily injury and property damage liability
- Persaonl and advertising injury
- Medical Payments
- Products and completed operations
- Damage to premises rented to you
Do you need GL insurance?
Most often, GL is often combined with property insurance in a Business Owners Policy. However, many businesses, such as contractors, do not have property and opt to have General Liability insurance only.
As a small business owner, you need some form of general liability insurance protection.
Many employers or clients also may require your small business to carry a certain amount of general liability insurance before they allow you to work for them.
Pricing out General Liabilty
The cost of general liability is the sum of many factors. Some of the key factors in the price of the GL insurance coverage are the type of business, the level of risk your company is exposed, determined by annual revenue, your business location and the number of employees you have.
Get the complete package in a BOP
If you need to protect things such as personal property thats used for your business, commercial buildings such as storage facilities or garages, you may require the additional protections offered by a BOP. Talk with one of our experts today to make sure you are well protected.