What is covered by commercial general liability insurance?
Commercial General Liability insurance is a crucial coverage that shields your business from financial losses due to third-party claims of bodily injury, property damage, or personal and advertising injury. Whether a customer slips and falls on your premises, your product causes harm, or you’re faced with a lawsuit over advertising practices, CGL insurance helps cover the costs of legal defense, settlements, and any awarded damages.
Without this essential coverage, your business could face significant out-of-pocket expenses that could disrupt operations or, in severe cases, threaten your business’s survival. That’s why CGL is a must-have for businesses of all sizes, across all industries.
Frequently Asked Questions
Common Questions About General Liability Insurance
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Who needs general liability insurance?
Any business, regardless of its size or industry, can benefit from general liability insurance. This coverage is crucial for protecting against common risks that come with interacting with clients, performing services, and conducting business operations.
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What does general liability insurance typically exclude?
General liability insurance doesn't cover employee injuries, professional mistakes (covered by professional liability insurance), auto accidents (covered by commercial auto insurance), or intentional acts. We can assist you in finding additional coverages for these exclusions.
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How do I determine how much coverage I need?
The right coverage amount depends on your business size, industry risk factors, and the value of your assets. Our team can help you analyze your business to recommend appropriate coverage limits.
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Can I bundle general liability insurance with other types of insurance?
Yes, bundling general liability insurance with other policies can often save money and enhance your overall protection. Common bundles include business owners policies (BOP) which may combine general liability with property insurance and other coverages.
Secure Your Business’s Future with Mr. Insurance
Don’t leave your business exposed to unnecessary risks. Contact Mr. Insurance today for a free, no-obligation quote on Commercial General Liability insurance. Let us help you protect your business, so you can focus on what you do best.