When you look around your business, it’s obvious that you need to protect against damage to your buildings, equipment and staff. Less obvious–but no less important–is the risk of damage to other people and businesses, which could leave you paying out large sums if you are held liable.
Liability insurance is your first line of defense from hefty losses as a result of personal injury or property damage caused by you or your employees. Therefore, this fundamental coverage along with specific endorsements or additional liability policies, depending on your operation, is the backbone for your protection and your longevity.
General liability insurance mainly covers bodily injury to people outside of your business and physical damage to their property. A few exceptions to this principle include data loss and reputation damage (for example, if one of your business’ staff members defames a client).
It’s important to note that general liability coverage doesn’t apply to cases where you are sued for giving inadequate professional advice. Errors & omissions insurance (E&O) can help to protect your business from that specific type of risk.
Your business needs general liability insurance if you ever meet clients (at your business or theirs), or have any physical access to their equipment. Additionally, general liability insurance may be a requirement before some businesses will sign a contract with you.
Our policies are designed with you in mind to provide the necessary financial assistance to reimburse you for legal fees and pay out settlements on your behalf in the event you are found liable for damages. Not only will our trusted employees evaluate your risk profile, but we will also examine your past history and the size of your operation.
General liability insurance is a common necessity for most businesses. We can help you to determine a policy that works for your unique business.