What does general liability insurance cover?

General liability insurance provides coverage for claims against your business resulting from bodily injury, property damage, and/or personal injury suffered by a third party. This includes costs associated with:

• Judgements or settlements resulting from covered suits.
• Premium on a court required bond connected with a liability suit.
• Reasonable expenses incurred when your insurance company asks you to participate in your defense. (lost income, travel costs, etc.)
• Costs of defending or investigating a suit.

Why you need general liability insurance

Every business worldwide exposes themselves to liability risks every single day, and your business is no exception. In the event of a claim or lawsuit, your general liability policy will provide the financial protection your business needs to stay operational. Whether a Business Owners Policy (BOP) is the right fit for your enterprise, or a customized Commercial General Liability form (CGL) added to your Commercial Package is the better choice, the only question should be “how much coverage do you need?”

Specific coverages offered under a commercial general liability policy

Property Damage

Provides coverage for a third party physical damage to a property, or loss of use of property.

Bodily Injury

Provides coverage for a third party’s medical care costs, loss of services and court awarded compensation where the act results in a death.

Product Liability

Provides coverage when producing or manufacturing a product that is relinquished to the public that causes bodily injury or property damage.

Products & Completed Operations

Provides coverage for bodily injury or property damage resulting from services or products completed by your company.

Contractual Liability

Provides coverage when entering into specific contracts (eg. Elevator maintenance agreements, ordinance related indemnity agreements, Building leases)

Personal Injury

Different than bodily injury, your CGL may provide coverage against claims from a third party that injury a person in a way that isn’t physical. (eg. slander, libel, etc.)

Advertising Injury

Provides coverage if your business is sued as a result of something that happens during the course of advertising the business.

Liquor Liability

Provides coverage for liquor-related accidents if your company is in the business of manufacturing, distributing, selling, serving or furnishing alcohol. Please note.. if your company distributes alcohol occasionally without charging money, i.e at a picnic or office party, you don’t need to purchase a liquor liability policy as you would find this also find coverage under this section of your CGL titled Host liquor Liability.

Medical Payments

Provides immediate emergency care without regard to negligence in the event that a third party is injured on your premises. Limits for this coverage is generally $5000 or $10,000.

What does general liability insurance cover?

General liability insurance provides coverage for claims against your business resulting from bodily injury, property damage, and/or personal injury suffered by a third party. This includes costs associated with:

• Judgements or settlements resulting from covered suits.
• Premium on a court required bond connected with a liability suit.
• Reasonable expenses incurred when your insurance company asks you to participate in your defense. (lost income, travel costs, etc.)
• Costs of defending or investigating a suit.

Why you need general liability insurance

Every business worldwide exposes themselves to liability risks every single day, and your business is no exception. In the event of a claim or lawsuit, your general liability policy will provide the financial protection your business needs to stay operational. Whether a Business Owners Policy (BOP) is the right fit for your enterprise, or a customized Commercial General Liability form (CGL) added to your Commercial Package is the better choice, the only question should be “how much coverage do you need?”

Specific coverages offered under a commercial general liability policy

Property Damage

Provides coverage for a third party physical damage to a property, or loss of use of property.

Bodily Injury

Provides coverage for a third party’s medical care costs, loss of services and court awarded compensation where the act results in a death.

Product Liability

Provides coverage when producing or manufacturing a product that is relinquished to the public that causes bodily injury or property damage.

Products & Completed Operations

Provides coverage for bodily injury or property damage resulting from services or products completed by your company.

Contractual Liability

Provides coverage when entering into specific contracts (eg. Elevator maintenance agreements, ordinance related indemnity agreements, Building leases)

Personal Injury

Different than bodily injury, your CGL may provide coverage against claims from a third party that injury a person in a way that isn’t physical. (eg. slander, libel, etc.)

Advertising Injury

Provides coverage if your business is sued as a result of something that happens during the course of advertising the business.

Liquor Liability

Provides coverage for liquor-related accidents if your company is in the business of manufacturing, distributing, selling, serving or furnishing alcohol. Please note.. if your company distributes alcohol occasionally without charging money, i.e at a picnic or office party, you don’t need to purchase a liquor liability policy as you would find this also find coverage under this section of your CGL titled Host liquor Liability.

Medical Payments

Provides immediate emergency care without regard to negligence in the event that a third party is injured on your premises. Limits for this coverage is generally $5000 or $10,000.