If you own a business, you could be liable for injuries, property damage, advertising errors, and more. If a claim is made against your company, this could result in large financial losses. Luckily, you can buy commercial general liability insurance to prepare for when this happens.
What does commercial general liability insurance cover?
Typically, commercial general liability insurance is often included in a Business Owner’s Policy, but it can also be sold as a stand-alone insurance policy. Some coverage options include:
Bodily injury: This protects you when a customer is injured on your premises.
Medical payments: If a customer is injured on your property, this may result in a need for medical treatment; this option covers those expenses for you.
Property damage: This coverage protects you when a customer claims that you’ve damaged their property.
Advertising errors: When a customer claims that you’ve falsely advertised your services or products, you can protect your company with this coverage.
Damage to rental property: If your company rents any property, you can protect your business from claims for damage.
Keep in mind that with GPA Insurance Agency, you get to personalize your insurance policies to suit your needs and circumstances. As a brokering agency, we can compare prices from different companies for you at no cost. Need help deciding on the right amount of protection that fits in your budget? Get an online quote now or speak with a friendly agent to get started!