General Liability Insurance is a confusing kind of insurance policy since it isn’t as obvious as other kinds of insurance, like automotive insurance, home insurance, or health insurance—but if you are a business owner, big or small, you probably have a good idea of what it is. General Liability Insurance is a type of insurance that helps cover a business from claims that occur due to day-to-day business. This kind of insurance usually covers businesses from claims of physical or advertising injury, property damage, and even the cost of legal defense.
General Liability usually only provides coverage for claims made against your business or employees if they had an injury or damage to their property while you were conducting business. Also, General Liability Insurance can be used to protect you from claims of professional neglect or mistakes too. These reasons alone are enough to have General Liability Insurance, and also due to the fact that it is required by most states to have this kind of insurance.
General Liability doesn’t cover everything that a business may have, such as company vehicles being driven on the road, or providing the employees with health insurance—so always keep this in mind. If you have a need for other kinds of insurance then don’t be afraid to inquire about it when setting up your General Liability Insurance!