Call Us (703) 751-1001 ☰ ˟
Request A Quote Manage Policy
Logo
(703) 751-1001
  • HOME
  • COVERAGE
    • Auto
    • Boat
    • Business
    • Commercial Auto
    • Financial
    • General Liability
    • Home
    • Life
    • Workers Compensation
  • GET A QUOTE
    • Automobile
    • Boat
    • Business
    • Homeowners
    • Life
  • CUSTOMER SERVICE
  • BLOG
  • RESOURCES
    • Refer a Friend
    • Insurance Glossary
  • ABOUT US
    • About Us
    • Your Trusted Nationwide© Insurance Agency
    • Our Locations
    • Employee Directory
    • Privacy Policy
  • CONTACT
Icon Icon Icon Icon Icon Icon
Home > Blog > What Does General Liability Insurance Cover?
MONDAY, JUNE 15, 2020

What Does General Liability Insurance Cover?

Small Business Owner

Commercial general liability insurance protects your business in the event of bodily injury or property damage to another person. Covered events include damage due to normal business operations. Though general liability insurance might cover a lot of scenarios, it won't cover every problem that might arise in the business.

Here's about general liability insurance.

General Liability Insurance In A Nutshell

General liability insurance is coverage for times when your business causes harm to someone else. It might cover injuries someone suffers in your business, property damage you cause, or damage caused by your products.

There are two types of general liability policies:

  • Claims-Made Policies: These pay claims regardless of when the event occurred.
  • Occurrence Policies: These cover the business for a set timeframe. A claim made after the occurrence policy ends won't have coverage. Once they expire, you'll need to take extra steps to still insure yourself against these risks.

When you get covered, you can include multiple individuals and entities under your policy. That way, you can extend coverage effectively to multiple parties in the business.

About Commercial General Liability Insurance

You can choose the level of general liability insurance coverage your business needs. For example, by having premises coverage on the policy, you'll guard against events that happen at your place of business during business hours. This also covers injury or damage caused by the work you perform at another location.

If you want to expand your coverage limit, you can often buy extra liability coverage. Some general liability insurance policies may exclude certain actions, such as a product recall. Therefore, if you face a risk of these losses, then you might need extra protection.

Other Business Insurance Policies

Talk to your Burke & Burke Insurance agent about other types of liability insurance besides general liability insurance. This can help you ensure your business is adequately covered.

Examples of other types of insurance include:

  • Employment Practices Liability Coverage: This policy protects you from claims made by those who interview, work for or get terminated from your business. Allegations like sexual harassment, wrongful termination, and discrimination might qualify for coverage.
  • Errors & Omissions Coverage: When a business' professional services or actions cause problems, then this coverage can pay. It might cover errors in financial statements or damage due to the actions of executive officers.

Examples Of General Liability Insurance Coverage

Here are a few examples of when general liability insurance might take effect:

  • A customer enters your business just after you mop the floor. The customer slips, falls and breaks their arm.
  • An employee of your electrical company is repairing someone's light fixture and accidentally causes a fire in the home.
  • An advertisement targeting a competitor results in a claim of libel or slander.

For all these situations, businesses with adequate general liability insurance can usually rest easy. Let your Burke & Burke Insurance agent help you decide how much general liability insurance your business needs.

 

Get A Quote

Posted 12:00 PM

Tags: general liability insurance, business insurance, commercial insurance, burke and burke insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This and all content is developed from sources believed to be providing accurate information. The information in this material is not intended to be used as tax or legal advice. Please consult with a tax and/or legal professional for detailed information regarding your individual situation. Some of this material was developed and shared by Burke & Burke Insurance Agency to provide information that may be of interest. Burke & Burke Insurance Agency is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
Blog Archive
  • 2021
  • 2020

  • auto insurance(4)
  • car insurance(3)
  • business insurance(3)
  • commercial insurance(3)
  • burke and burke insurance agency(3)
  • burke and burke insurance(2)
  • home insurance(2)
  • homeowners insurance(1)
  • costs(1)
  • home(1)
  • uninsured and underinsured coverage(1)
  • workers compensation insurance(1)
  • repairs(1)
  • bop(1)
  • business owners policy(1)
  • commercial auto insurance(1)
  • insurance(1)
  • general liability insurance(1)
  • claims(1)

View Mobile Version
Facebook
Twitter
Google+
Get Directions
Contact Us Today
We’ll Contact You!
Resources
Get A Quote
Customer Service
About Us
Blog
Refer A Friend
Contact Us
Contact us 4115 Annandale Rd. Ste 300
Annandale VA, 22003

PH: (703) 751-1001
FX: (703) 663-8216
Email: info@burkeandburkeinsurance.com
© Copyright 2020. All rights reserved. Powered by Insurance Website Builder.