General Liability Insurance

General Liability Insurance

General liability insurance provides vital protection for your business. This protection, also known as business liability insurance or commercial general liability insurance, protects your business should injury or property damage occur to others as a result of your business operations.

Business insurance is usually a bundle of coverages, custom-designed to best protect your particular type of business against many general risks as well as those that might be unique to your industry.

The policy generally covers

Commercial General Liability coverage kicks in when your business is faced with a lawsuit alleging bodily injury or property damage.

For example, someone might claim that your business:

  • Created an unsafe environment where someone was injured.
  • Damaged personal property.
  • Is responsible for an injury caused by you or one of your employees.

General Liability Insurance protects your business against claims brought against the company as a whole, as well as claims brought against individuals on the company’s behalf. If you, an employee, or your company is sued, your General Liability policy covers the costs of investigating or defending those claims, which might include paying attorney fees, witness fees, court expenses, and more up to your stated limits.  Commercial liability policies may also cover bond premiums, settlements, and judgments that arise from covered lawsuits, including the medical costs for someone suing about an injury.

If your policy includes business interruption coverage, it may also pay for the income you lose while defending yourself in court, along with certain other expenses you may incur to return your business to normal operations.

Additional business insurance options

In addition to the four major types of business insurance coverage, there are other policies you might need to consider, depending upon the scope of your business.  These include:

  • Errors and omissions insurance
  • Professional liability insurance
  • Employment Practices Liability Insurance
  • Directors and Officers Liability Insurance
  • Key Employee Insurance
  • Business Catastrophe Liability (Umbrella) Insurance
  • Terrorism Insurance
  • Cybercrimes insurance

Make sure you and your business are adequately protected with a commercial liability insurance policy.  Contact Boizelle Insurance Partnership today to discuss your business and the many options available to you.  Our knowledgeable professionals are always here to help you and are happy to review your existing policy and make appropriate recommendations.