Commercial general liability insurance will protect you and your company against many specific lawsuits. General liability insurance is the most popular option for many companies due to its broad-spectrum policy.
As with other liability insurance, a commercial general liability policy protects your business from the many general claims that a lot of small companies may face. To get more information about real estate agent insurance you can visit http://keystrokeins.com/underwriting/errors-omissions/marketing/.
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What exactly does general liability insurance protect against?
Commercial liability coverage protects your business against two basic claim categories:
• Bodily injury: When a client or other party suffers from physical injury caused directly or indirectly from your company, this insurance can help cover medical costs and additional damages caused by the lawsuit.
• Property damage: In case you or your workers cause injury to a person's property (e.g., cars, houses, property, and other properties of relative value ), you could be held accountable for the price tag. General liability insurance provides the species and the total amount of coverage you want.
Why would you require a general liability policy?
General liability insurance protects your small business. Even in the event that you believe that your company is too small or you're sure you won't result in some of these damages or injury listed previously should nevertheless be covered. In this litigious environment, you want to be guarded against silly lawsuits.
Many people today have the opportunity to learn about small business owners who cannot be covered against one claim. For example, imagine that you just operate a commercial cleaning business and you do most of your work after business hours after the office building is vacant. You may find yourself at low risk and rarely, never see the need to own commercial general liability insurance since negotiating with your customers.