Business is inherently risky. Every day, businesses face liability risks in the form of personal injury claims, property damage claims, and other lawsuits. To protect themselves from these risks, businesses purchase liability insurance. General liability insurance (CGL) is one type of liability insurance that provides protection against many known and unknown risks. CGL guards businesses, their employees, and their property from claims involving bodily injury or property damage arising out of business operations. These policies cover the expense of out-of-court settlements, litigation, and judgments awarded by courts. Often times, CGL is paired with BPP (Business Personal Property) coverage in a BOP (Business Owners Policy). In short, liability insurance is essential for any business that wants to protect itself from the potentially devastating financial consequences of liability claims.
Here are a few things you can expect General Liability Insurance to cover:
- Lawsuits, investigations, and settlements
- Injury damages
- Advertising/Copyright claims
Any business owner knows that liability insurance is essential to protect their company from risks. But with so many different types of liability insurance available, it can be difficult to know which one is right for your business. That's where our agency comes in. We'll guide you through the process and help you choose the best policy for your needs. We'll also help you understand the different underwriting and eligibility requirements so that you can get the best possible rate. And if you're ever confused by any of the terminology or paperwork, we'll be happy to explain it all in plain English. So don't wait – let us help you get the coverage you need to protect your business.