What is General Liability Insurance?General Liability Insurance is all about protecting you and your business from financial loss. If you are held responsible for causing damage or injury to someone during or after the work is complete, you will have to pay for charges to cover all damages.
General Liability Insurance cover five areas of liability:
Other Kinds of Business Liability Insurance to ConsiderMost businesses face a variety of other threats that could lead to a liability claim. Depending on your type of business, you may need to consider a number of additional business liability policies to protect your assets.
Protect Against the Top 3 Risks with Liability Insurance for Your BusinessLiability claims are among the most expensive business insurance claims. Without appropriate liability coverage, one lawsuit or unexpected event can force you to close your doors. Business liability insurance can help you protect your business from the 3 top risks named in surveys.
In order to protect your business from cyber incidents, PR disasters, and the impact of new technologies, you need:
“The above description provides an overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. Other terms, conditions and exclusions may apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.”
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