What Is General Liability Insurance?General liability insurance (GLI) is sometimes called business liability insurance or commercial general liability insurance. This type of liability insurance coverage helps protect your business from claims of bodily injury or property damage that can come up during normal business operations. Without general liability coverage, you’d have to pay for medical expenses and property damages out of pocket.
It's a question we hear often: "Does my small business need general liability insurance?" Chances are the answer is “yes.” With general liability insurance coverage, you'll have protection from claims of:
Bodily InjuryIf a customer injures themselves in your place of business, this policy can help cover their medical bills.
Property DamageEmployees sometimes damage customers' property while delivering products or services. Your GL policy can help pay for the damages.
Reputational HarmGeneral liability insurance policies can help cover malicious prosecution, slander, libel, wrongful eviction and violating a person's privacy.
Advertising InjuriesClaims of copyright infringement are covered with a general liability policy.
Damage to premises rented to you:If your rented property is damaged by fire, lightning or an explosion, your general liability policy can help pay for repairs.
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