Running a small business comes with everyday risks. A customer could slip and fall, your work could accidentally damage someone else’s property or an advertising-related claim could lead to legal expenses. General liability insurance can help protect your business from certain covered claims that may come up during normal operations.
What Is General Liability Insurance?
General liability insurance is designed to help protect businesses from covered claims brought by people outside of your business, such as customers, clients, vendors or members of the public. It’s one of the first coverages small businesses often consider because it addresses common risks.
What Can General Liability Help Cover?
Every policy is different, but general liability coverage may help with several types of covered claims, including:
- Bodily Injury Claims: May apply if a customer, vendor or visitor is injured while visiting your jobsite or because of your operations.
- Property Damage Claims: May apply if your business operations accidentally damage someone else’s property, such as a client’s building, equipment or materials.
- Personal and Advertising Injury: May apply if your company is accused of certain covered offenses, such as libel, slander or copyright infringement in advertising.
- Legal Defense Costs: May help pay for covered legal expenses, settlements or judgments, up to the policy limits.
Why Small Businesses Need General Liability Small businesses interact with customers, vendors, property owners and the public in many ways. Even with careful planning, one accident or lawsuit could create expenses that are difficult to manage.
General liability insurance may also be required by a landlord, client contract or business partner before you can lease a space, start a project or provide services. It can help protect your business’s finances, support contract or lease requirements and provide added confidence as your business grows.
You’ve worked hard to build your business. General liability insurance can help protect it from some of the risks that come with serving customers, working with vendors and operating in the community. Talk with an independent agent in your area who sells Haulers Insurance to review your options and help find coverage that fits your small business.
Talk with an independent agent in your area who sells Haulers Insurance to review your options and help find coverage that fits your small business.