Commercial General Liability Insurance

Commercial general liability insurance is the most important insurance product for a business. It protects your business from the kind of financial loss that could lead to bankruptcy.

A commercial general liability policy protects your business from the property or personal damage liability that is caused by your business operations or employees.

     It helps cover the costs that few businesses can survive on their own.  Since this coverage covers such a wide range of general liabilities, it is viewed as a complex insurance product. Because it covers so many possible liabilities, it also has a large number of exclusions, which, like other insurance policies that have limitations for what they cover, can be added to your general policy with a rider for specific coverage and make your policy more exactly what you need.

Commercial General Liability insurance will pay for property damage your business causes to another person’s property. For example, you have a tree topping business. In the process of removing limbs, one of the tree limbs falls and damages a neighbor’s roof. The neighbor makes a claim against your tree topping business for property damage. Commercial general liability insurance can help cover this claim.

      A commercial general liability policy usually pays for legal defense and will pay damages if you are found liable up to your policy’s coverage. It also includes personal and advertising injury which covers damage to a person’s character and reputation.

 It protects the policyholder against:

• Wrongful eviction or invasion of privacy
• Malicious prosecution
• Libel
• Slander
• False Arrest
• Copywrite infringement
• Use of another’s advertising idea