What is General Liability Insurance and to I need it?
General Liability Insurance is coverage that protects your business from a variety of claims: property damage, bodily injury, and personal injury claims that can arise from your business operations and potentially put your business’s assets at risk.
For example, General liability insurance helps protect you and your business in the event of the following:
If a claim like this is made against your business, then your Commercial General Liability insurance policy will help you cover those costs.
More and more businesses are being sued for: negligence, libel, slander, property damage, bodily injury,
copyright infringement among other things, and that happens even when they did nothing wrong.
That’s why getting general liability insurance from Insurox is critical.
What is covered with Commercial General Liability Insurance
Bodily injury or property damage protects against claims for alleging financial loss due to property damage or bodily injury arising out of your business operations or products.
Advertising errors protects against claims from others who claim you infringed on their copyrights when advertising goods, products, or services in your advertisement.
Damage to premises rented to you protects against claims for damage to premises rented to you due to fire, lightning or explosion.
Reputational harm protects from claims of false arrest, malicious prosecution, libel, slander, wrongful eviction, violation of the right of privacy and more.
Medical payments protects from claims if someone is injured on business premises and needs medical treatment.