Business Insurance
General Liability Insurance
General Liability Insurance—also known as Commercial General Liability (CGL)—is one of the most essential coverages for any business. It protects your company against common yet potentially costly claims involving bodily injury, property damage, and medical expenses that may arise during your daily operations.
Whether a customer is injured on your premises, property is accidentally damaged, or a legal claim is brought against your business, General Liability Insurance helps cover legal defense costs, settlements, and medical bills, so you’re not forced to pay out of pocket.
Almost every business, regardless of size or industry, faces some level of risk. Without proper coverage, a single claim can result in significant financial loss. General Liability Insurance provides the protection and peace of mind you need to operate confidently, protect your assets, and maintain your professional reputation.
Understanding How General Liability Coverage Works
When choosing a General Liability Insurance policy, it’s important to understand how the coverage functions and what key elements shape your protection. These details help ensure your business is properly covered and prepared when a claim arises.
Key aspects to consider include:
- Coverage scope: General Liability Insurance is designed to respond to third-party claims involving bodily injury, property damage, or personal and advertising injury that occur as a result of your business operations.
- Occurrence-based coverage: Most General Liability policies are written on an occurrence basis, meaning coverage is determined by when the incident happens—not when the claim is filed. This can provide long-term protection, even if a claim is reported months or years later.
- Defense costs: Legal defense expenses are typically covered in addition to the policy limits, helping protect your coverage amount from being reduced by attorney fees and court costs.
- Policy limits and deductibles: Coverage limits should reflect the size of your business, the nature of your operations, and your exposure to risk. Choosing appropriate limits helps protect your assets without unnecessary gaps.
Understanding these components helps you avoid unexpected surprises and ensures your General Liability coverage works exactly as intended when you need it most. Contact us to discuss your organization’s coverage needs and what options can be tailored to your business.
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