What is General Liability Insurance?
Liability Insurance is coverage for the day to day operations of your business. General Liability Insurance protects your business from a variety of claims from third parties such as customers and
other businesses to whom you are legally liable in the event of injury or damages incurred as a result of actions by you, your employees or simply at your place of business. These claims include bodily
injury, property damage and personal injury claims that can arise from your day to day business operations.
General Liability Insurance protects you by paying for medical bills, property damage or
personal injury for which your business is found liable, up to the policy limits, as well as attorneys' fees and other legal defense expenses.
If you are renting property for your business,
General Liability Insurance can also protect you and your business against any liability for damage to the rented property such as by fire or other covered loss.
How is General Liability
Insurance different than other forms of Liability Insurance?
General Liability Insurance is designed to protect a wide range of businesses, especially businesses that serve the general
public. If you have a brick and mortar business with walk-in customers or a service business where you or your employees provide a service to a wide range of customers at their home or business, then
General Liability Insurance may be sufficient protection for your business.
However, in addition to General Liability Insurance, there are many specific types of Commercial Liability Insurance.
These liability insurance policies are designed specifically for certain types of businesses and exposures such as Medical Malpractice Insurance, Contractors Liability Insurance and Product Liability
While most businesses can benefit from coverage provided under a General Liability Insurance policy, ask your Alliance Insurance Agency commercial insurance specialist about more
specific coverage tailored to your industry.
(See COMMERCIAL LIABILITY INSURANCE for a list of these specialized coverages)