A General Liability policy (CGL policy) is a standard insurance policy issued to businesses organizations to protect them against liability claims in case of a legal suit. Common General Liability coverages include:
Bodily Injury and Property Damage (BI)
This is similar to your auto insurance. If you or someone connected with your business causes an injury to another, the injured party's medical expenses, lost compensation and costs associated with loss of services will be taken care of.
Property Damage (PD)
If property is damaged by something you or your employee did or even did not do, General Liability will pay out on the damage and loss of use of the property.
Products and Completed Operations (Completed Ops)
If the material you use ends up being defective or you unintentionally skipped a step in the work process, any claims that result may be taken care of.
Products and Contractual Liability
Products Liability is a more specialized product liability insurance that protects your company against lawsuits from product-related injury or accidents. Contractual Liability extends to any liability you may assume by entering into a variety of contracts
Subject to lower limits (usually $5,000 to $10,000) this coverage pays any medical expenses regardless of who is at fault. The idea is that if prompt medical payments are disbursed, a lawsuit may be prevented
Personal and Advertising Injury
If a third party is defamed or libeled because of the advertising of your products or services, it is called a personal and advertising injury. Any resulting claims will be handled by your General Liability policy.
Damage to Rented or Leased Premises
This takes care of any damages to property you rent or lease
Other Plans to Consider
On occasion claims may exceed the maximum coverage limits of insurance plans. Extend your coverage with an umbrella policy.
What is the process of filing and settling a claim?
Our agents will make sure you know who to call and what happens after you file the claim