The best general liability insurance for business

General liability insurance helps you pay legal fees and settlement costs if your business is involved in the following events.

Bodily injury

A commercial liability policy kicks in if a customer or other third party is injured on your business property or as a result of your operations. For example, if a customer slips and falls, a general liability policy could help with payments medical.

Material damage

If you or one of your employees damages someone else’s property in the course of business, general liability insurance can help cover the costs. Say you own a moving business and one of your employees accidentally loses an expensive home entertainment system, a general liability policy can help with the costs.

Reputational damage and false advertising

Your policy can help cover non-physical injury events such as slander, libel or slander, as well as false advertising claims.

Commercial liability insurance does not usually cover the following events:

• Injury or damage involving the operation of a vehicle (covered by a commercial auto policy)
• Employee Injuries and Damages (Covered by Workers’ Compensation Insurance)
• Professional liability for improper advice or errors in the provision of professional services, for example, you are an architect and you design a building that does not comply with local codes, or you are an accountant whose client receives a tax penalty because of an error you made (covered if you have insurance professional liability)
• Sexual harassment, discrimination and wrongful termination claims (covered if you have employment practices liability coverage)

General liability insurance can protect your business from costly damages, but it probably isn’t the only type of insurance your small business needs. If you have questions about what insurance your business should have, it’s worth taking the time to speak with an agent.