General Liability insurance, also known as business liability, is a must have tool in today’s commercial world.
GL insurance protects you and your business from claims involving bodily injuries and property damage. You may be asking yourself, “Why do I need this insurance for my business?”
Is your business financially protected?
Besides the fact that it protects your business from unforeseen accidents, it also shows that your company is reliable, trustworthy and provides your clients the satisfaction that you will take responsibility. Financial protection is key!
Unexpected expenses include accidents that results in injury, damage to property that you do not own, loss of income if injured person is forced to miss work, and many other unplanned circumstances.
Commercial General Liability can be purchased as a standalone policy, combined package such as Business Owner’s (BOP) or a Commercial Package Policy (CPP). These coverages can be designed to fit your business needs.
Remember… a liability claim can be devastating to your business. A single accident could result in financial hardships that you may not be able to handle.