operating poses risks, get the precise protection you need.
Reasons to consider general liability insurance include:
1. If your company owns and operates out of a building(s).
2. If your company owns and operates equipment or machinery.
3. If your company creates or produces products for distribution.
4. If your company has potential liability for any service to clients.
5. If a mistake by you or an employee could result in a liability claim.
These are just some of the reasons to consider general liability insurance for your company. Every business is at risk for some type of injury or damages claim. Before purchasing a policy, get a thorough review of your needs by one of our commercial experts
What is General Liability Insurance?
Every company is at risk of being sued for injury or damages that occur as a result of business operations. Commercial general liability insurance protects a company against injury and property damage claims stemming from: (A) the company's property or premises, (B) the company's operations away from the property or premises, (C) any products the company produces, or (D) any work the company has already finished.
Here are some examples of these types of claims:
A. Company Property – A client slips on the wet floor of the company's headquarters resulting in a back injury. Such an incident could result in a claim of injury as a result of company negligence for having a wet floor.
B. Company Operations – A tree service is hired to take down several trees on a clients property, but accidentally cuts down a tree on the wrong property. Such an incident could result in the owner of that property suing the tree service for the loss of their tree.
C. Company Products – A company that assembles baby cribs for sale in stores uses a faulty fastening mechanism that causes one side of the crib to swing open. Such an incident could result in a claim of injury as a result of company negligence if a child were to fall and be injured due to the fastener failure.
D. Finished Work – An auto repair customer gets into an accident after having his tires rotated. After inspection, it turns out the repair shop worker failed to properly secure one of the tires to the car. Such an incident could result in the company being sued for damage to the car and injuries to the customer.
Commercial general liability policies can also cover the employees of a business when they are acting on behalf of the business, and pay legal fees defending the company and its employees.
Not every situation a company finds itself in is covered by its commercial general liability policy. It is very important that you discuss the specific needs of your business with a qualified agent before purchasing a policy, so that your business is more likely to be covered against its greatest risks.
Getting the right general liability coverage starts with expert consultation. We will study your company's unique characteristics and previous policies, explain the options, and craft a policy that meets your needs. Our access to the top carriers means that you will get the policy you need at a price you can afford. We look forward to serving you!