General Liability

Why does my company need General Liability?

General Liability can be thought of as the foundation of a company’s commercial insurance coverage. General Liability protects against a range of risks that a company may face, covering both defense costs and damages associated with a claim. A Comprehensive General Liability (CGL) policy is an essential first component when a company begins looking into commercial insurance.

What does General Liability cover?

Your standard ‘slip and fall coverage. If someone were to come onto your premises and was injured, General Liability would step in to cover such a claim

The most prevalent example would have to do with damage to premises you rent. If you are renting commercial space and damages that you are responsible for occur, General Liability would cover claims by a landlord or property owner

in the event that you or your company was accused of slander or libel by another person or entity, General Liability can cover such claims.

Intellectual Property infringement such as trademark or copyright as part of your company advertising is typically covered under most General Liability policies

Bodily injury or property damage that occurs out of the failure of a product your company sells would fall under a General Liability’s product coverage

Completed operations coverage covers against claims stemming from a companies completed work. Think a busted pipe after plumbing work is done or a fire after electrical work is completed.

Legal defense costs as well as damages for liability are covered under a General Liability policy

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