Commercial general liability insurance might help protect you as well as your business against many common lawsuits. General liability insurance may be the most popular option for many businesses because of its broad spectrum of coverage. Similar to other liability insurance, commercial general liability coverage protects your organization from many common claims that lots of small businesses can face.

general liability insurance What does general liability insurance drive back?

Commercial liability coverage protects your business against four basic claim categories:

? Bodily injury: If a customer or other party is suffering from bodily injury caused directly or indirectly by your organization, this insurance can help cover medical expenses and other damages brought about by case.

? Property damage: If you or your employees cause damage to a person’s property (e.g., cars, homes, land, along with other property of relative value), you could be held responsible for the price. General liability insurance supplies the type and the quantity of coverage you need.

? Personal injury: Personal injury encompasses slander, libel, lost wages, mental anguish, and other claims that do not fall under bodily injury.

? Advertising injury: This is similar to personal injury in that it is as a result of slander, libel, or copyright infringement, but advertising injury involves another business instead of an individual.

Why do you need general liability coverage?

General liability insurance protects your business. Even if you think your organization is too small or you are certain you won’t cause any of the damages or injury listed above, you should still be covered. In that litigious environment, you need to be protected against frivolous lawsuits.

Some people see an opportunity to take advantage of unsuspecting small enterprises who is probably not covered against a claim. For example, imagine that you run a commercial cleaning business and you do most of your work after business hours when the office buildings are empty. You might consider yourself at low-risk and do not see the necessity of experiencing commercial general liability insurance because you rarely, if ever, interact with your customers. But imagine if among your employees damages expensive computer equipment by accidentally spilling cleaning fluid on it? You would be responsible for the damages.

Remember that you can never be completely in control of every situation. Accidents happen. There are always unforeseen problems that you could end up case, including bogus claims. Your commercial general liability insurance can help cover those claims. If you don’t have many assets (as well as if you do), your company could be completely destroyed by one claim against your organization.

How much commercial liability coverage does your business need?

The amount of coverage depends on your specific needs. You may only need a little bit of commercial liability insurance to cover the expense of potential claims brought against you. It is important to keep in mind that the expense of claims today has increased and folks would like larger amounts for damages, making the right amount of coverage critical to safeguard your business interests. Consult a trusted insurance broker who has your best interests in mind and will provide recommendations for obtaining the perfect coverage for your business.