Get General Liability Insurance for Your Business

General insurance liability protects against events such as injuries, damaged customer property, and defamation and copyright infringement.

General liability coverage cost depends on many factors such as the location(s) in which you operate, industry, and number of employees. Small business liability insurance coverage is often available at very affordable rates, especially when you bundle multiple insurances under one policy.

The primary difference between professional liability insurance and general liability insurance is the specific types of risk that each covers. General liability insurance protects a business against physical risks, such as bodily injury or property damage. Professional liability covers financial risks such as lawsuits stemming from negligent actions or specific errors and omissions that occur as a result of business activities.

While not legally required to operate, businesses should strongly consider having general liability insurance coverage. Without it, you could put the business at risk if a customer sues the company and you don’t have coverage. You may also need general liability insurance for small businesses if you work with clients. They may want confirmation of your coverage before agreeing to go into business with you.

While an LLC’s structure separates business and personal assets, business owners could still face various risks. That’s why general liability coverage is a great way for an LLC to protect itself against third-party claims of bodily injury, property damage, or advertising injury. Depending on the industry the LLC operates in, general liability insurance coverage may also be required.