Understanding General Liability Insurance

Even in the most well-run busi­ness­es, inci­dents hap­pen. Whether these inci­dents result in prop­er­ty dam­age, bod­i­ly injury or both, they can be cost­ly for busi­ness­es to deal with. As such, it is impor­tant for your busi­ness to be cov­ered for a vari­ety of pos­si­ble risks.

CGL pol­i­cy casts a wide net of pro­tec­tion for you and your busi­ness by cov­er­ing var­i­ous lia­bil­i­ties such as: 

Third-party Bodily Injury

Something as simple as a guest or a client visiting your business and slipping on a wet floor can result in serious financial damages. CGL provides coverage for bodily injuries suffered by third parties on your premises or in relation to business operations.

Third-party Property Damage

A CGL will also protect your company in the event that you are found liable for damage to someone else’s property. CGL policies typically cover damage to tangible property as well as damages for the loss of use of the tangible property.

Personal and Advertising Injury

Not all damage is physical. A CGL policy will also give you ample coverage for offenses made by employees of your company such as copyright infringement, slander, libel or malicious prosecution.

Medical Expenses

CGL policies will provide protection for your company if a nonemployee is injured on your premises or in an incident related to your operations. Coverage for medical payments can be triggered without legal action and allows for smaller medical claims to be settled quickly and without litigation.

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