Commercial General Liability Insurance
General Liability insurance is an essential piece for protecting your business and whether it’s required by your state or landlord, it is coverage you simply must have. Amongst the many risks that you face as a business owner, “slips, trips and falls” are the most common and by having General Liability you can prevent major financial losses if your business is sued or held legally responsible. General Liability insurance also can cover you from a variety of other claims including advertising injury, copyright infringement, libel and more.
Quick answer: Commercial general liability insurance helps protect your business if it is sued or held legally responsible for injuries or damage, such as slips, trips and falls. A proper policy can cover most medical expenses, attorney fees and settlements, plus advertising injury and libel claims. It may be required by your state or landlord. Coverages include premises liability, products and completed operations, and fire legal liability.
With the proper policy, you can have most medical expenses, attorney fees, settlements, and reimbursements covered. Coverages from Lions & Coventry Insurance Services include:
- Premises Liability
- Products and Completed Operations
- Premises Medical
- Fire Legal Liability
- Casualty Coverage
Other types of Commercial General Liability include Garagekeepers Liability and Employment Practices Liability. If you run an auto service operation, having Garagekeepers Liability coverage will protect your customers’ vehicles from fire, vandalism, theft, or other damages. An option like Employment Practices Liability will protect your business if an employee’s legal rights have been violated.
Additional Commercial Liability Options
Other specialty types of Commercial Liability, such as Foreign, Liquor, and Concession Liability, can aid in furthering the safety of your business’s future.
Foreign Liability protects employees who travel out of the country (for business purposes) in the event of injuries, damages, and lawsuits.
Liquor Liability includes covering damages and injuries in which your business is held legally responsible as a result of serving liquor – from liquor establishments to office parties/special events.
Concession Liability keeps your special event stand insured from damage, accidents, or accidental injuries sustained to pedestrians.
Since there are many types of liability coverages, it’s important to talk with a specialist at Lions & Coventry Insurance Services about the best options for your business.
When it comes to business insurance, one size doesn’t fit all. Here at Lions and Coventry, we will take the time to discover your needs, answer any questions you may have and will put together the right policy that fits your business and your budget. Contact us today to learn more about how you can benefit from General Liability insurance.
Commercial general liability insurance FAQ
What does commercial general liability insurance cover?
Commercial general liability (CGL) covers claims that your business caused third-party bodily injury or property damage, plus personal and advertising injury, such as libel, slander or copyright infringement in your advertising. For covered claims, it can pay legal defense costs, settlements and judgments up to your policy limits.
How do I get a certificate of insurance or add an additional insured?
Contact Lions & Coventry and tell us who needs the certificate and what the contract requires. We issue certificates of insurance (COIs) on request and can arrange additional insured endorsements when a client, landlord or general contractor needs to be named on your policy. Call (916) 967-7715 to request one.
What affects the cost of commercial general liability insurance?
Pricing depends on your business’s circumstances. The main factors are your industry or class of business, your payroll or revenue, your claims history, the limits you choose, and the number and type of locations you operate. For pricing based on your business, request a quote from Lions & Coventry at (916) 967-7715.