Commercial General Liability Insurance: Everything You Need to Know

Commercial general liability insurance is a must for any business, large or small. It provides financial protection in the event of a lawsuit or other legal action resulting from accidents, injuries, or damage to another person or their property. This blog post will discuss the basics of commercial general liability insurance and why it’s essential for business owners. We’ll cover what it covers, how to get it, and more so that you can make an informed decision about the best policy for your business.

What is commercial general liability insurance?

Commercial general liability insurance (CGL) is an important form of insurance that provides protection for businesses against third-party claims of bodily injury, property damage, and personal and advertising injury. CGL helps to ensure that your business is properly covered in the event of a liability claim.

CGL covers a wide range of risks, including but not limited to the following:

  •  Accidents – If someone is injured on your premises, CGL can help to cover medical expenses, legal costs, and potential damages.
  • Property Damage – CGL can provide coverage for any damage caused to someone else’s property due to your negligence or recklessness.
  • Advertising Injury – This covers any claims arising from alleged false advertising or copyright infringement.
  • Personal Injury – This covers claims of libel, slander, wrongful eviction, or invasion of privacy.

By purchasing CGL coverage, you can be sure that your business will be adequately protected in case of a liability claim.

What does commercial general liability insurance cover?

Commercial general liability insurance is an important form of protection for businesses. It helps to protect a business’s financial interests in the event of a lawsuit or other claim related to bodily injury, property damage, and personal injury caused by the business’s operations, products, or services. 

Commercial general liability insurance covers a wide variety of events and scenarios, ranging from injuries suffered by customers on your premises to damages caused by advertising materials. It can also cover legal costs in the event that you are sued.

When it comes to what commercial general liability insurance covers, it is important to note that coverage can vary from policy to policy. Generally speaking, however, it covers incidents such as property damage caused by you or your employees, personal injury caused by you or your employees, and advertising errors and omissions. It can also cover medical expenses for those injured on your premises, costs associated with defending lawsuits, and damages awarded in a settlement or judgement. 

It is important to understand the details of your policy in order to make sure that you have the appropriate coverage for your particular business. It is also wise to consult with an insurance professional if you have any questions regarding what your policy covers or how best to protect yourself. Worker Comp insurance cost can be a great way to protect your business from unexpected liabilities and costly lawsuits.

About Longshore Man Insurance

Longshoreman insurance and marine general liability with umbrella are emphasized by brokers of marine insurance. Work with marine contractors and shipbuilders. For staffing/PEO companies, marine contractors, marine staffing companies, and other marine businesses, Longshoreman offers solutions.

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