Business: General Liability Insurance
Starting and running any type of business has risks. Recognizing the risks in all areas of your business - management, marketing, contracts, personnel and the particular ramifications of your product or service on customers and the market - is the first step in effective risk management.
When a person is injured because of the insured's operations, services or products, the insured has no control over the ultimate cost of that injury. The person injured may be a young child, a blue-collar worker, a surgeon or a homeless person. The cost of the injury may be comparatively minor or run into the millions of dollars, depending on the person and the extent of his or her injuries. Does the insured have sufficient assets to pay such a loss? And, if it does, should those assets be used in that manner? If not, the Commercial General Liability Policy is designed to help the insured protect its assets.
The Commercial General Liability (CGL) coverage part is used as either a stand-alone monoline policy or as part of a package policy. It provides broad comprehensive liability coverage that eliminates coverage gaps.
However - A CGL policy does not protect you against all liabilities. Some common exclusions are:
- Liability caused by an employee automobile accident while on the job
- Liability related to sexual harassment or discrimination
- Liability related to your acts as a professional
- Liability insurance covered under workers' compensation laws
For these, you'll need additional insurance coverage. We can help you determine exactly what coverage you need.
To learn more about our General Liability Insurance, please contact one of our dedicated agents at Allen & Stults at 800-792-8660. Or to request information, please fill out and submit the below form and one of our agents will contact you within 48 hours.
