Call Us Today For A Free Quote | (318) 251-1212
  • Home
  • About Us
    • About Us
    • Employee Directory
    • Our Locations
    • Privacy Policy
  • Products
    • AutomobileImage of right arrow
      • Automobile Insurance Home
      • Auto Insurance Quote
      • Request ID Card for Auto Policy
      • Add Vehicle to Existing Auto Policy
      • Remove Vehicle from Existing Auto Policy
      • Add Driver to Existing Auto Policy
      • Remove Driver from Existing Auto Policy
    • HomeownersImage of right arrow
      • Homeowners Insurance Home
      • Homeowners Insurance Quote
    • MotorcycleImage of right arrow
      • Motorcycle Insurance Home
      • Motorcycle Insurance Quote
      • Request ID Card for Motorcycle Policy
      • Add Motorcycle to Existing Policy
      • Remove Motorcycle from Existing Policy
      • Add Driver to Existing Motorcycle Policy
      • Remove Driver from Existing Motorcycle Policy
    • Business & CommercialImage of right arrow
      • Business & Commercial Insurance Home
      • Commercial Auto Insurance Quote
      • Request ID Card for Commercial Auto Policy
      • Add Vehicle to Existing Commercial Auto Policy
      • Remove Vehicle from Existing Commercial Auto Policy
      • Add Driver to Existing Commercial Auto Policy
      • Remove Driver from Existing Commercial Auto Policy
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
      • Professional Liability Quote
      • Errors & Omissions Request
      • Directors & Officers Request
      • Business Identity Theft Quote
    • Recreational VehicleImage of right arrow
      • Recreational Vehicle Insurance Home
      • Recreational Vehicle Insurance Quote
      • Request ID Card for Recreational Vehicle Policy
      • Add Recreational Vehicle to Existing Policy
      • Remove Recreational Vehicle from Existing Policy
      • Add Driver to Existing Recreational Vehicle Policy
      • Remove Driver from Existing Recreational Vehicle Policy
    • LifeImage of right arrow
      • Life Insurance Home
      • Life Insurance Quote
    • Workers CompensationImage of right arrow
      • Workers Compensation Insurance Home
      • Workers Compensation Quote
    • Toy VehiclesImage of right arrow
      • Toy Vehicles Insurance Home
      • Toy Vehicles Insurance Quote
    • Oil & GasImage of right arrow
      • Oil & Gas Insurance Home
      • Oil & Gas Insurance Quote
    • Watercraft & BoatImage of right arrow
      • Watercraft & Boat Insurance Home
      • Watercraft Insurance Quote
      • Request ID Card for Watercraft Policy
      • Add Watercraft to Existing Policy
      • Remove Watercraft from Existing Policy
      • Change Primary Operator on Existing Watercraft Policy
  • Resources
    • Make a Payment
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • Blog
  • Contact
Bromell Agency, Inc. Providing great insurance quotes and expert advice from professionals in the industry
 
Home > Blog > What Does General Liability Insurance Cover?
TUESDAY, JUNE 1, 2021

What Does General Liability Insurance Cover?

General liability insurance often comes as part of a larger policy and can be tailored for personal use or commercial use. This insurance covers accidents concerning bodily injury and property damage to a third party. For example, if someone slips and falls in a restaurant, their medical bills can be covered under the restaurant owner’s general liability policy. 

General liability insurance can cover: 

  • Medical expenses (emergency services, first aid, etc.) 

  • Legal fees in case of a claim 

  • Property damage expenses 


Personal General Liability Vs Commercial General Liability 
The main difference between personal and commercial general liability coverage is who it is tailored for. Personal general liability coverage often comes as part of a homeowners policy, renters insurance policy or personal auto insurance policy.  

Commercial general liability coverage often has higher limits available for businesses. It can also cover personal and advertising injury. Personal and advertising injury coverage concerns claims of libel, slander, false arrest, copyright infringement and wrongful eviction. 

Is General Liability Insurance Required? 
General liability insurance isn’t typically legally required. But it is required by mortgage lenders, landlords and other entities that could stand to lose money from such a claim. Business owners, for example, may be required to cinsurance policy with a pen and glassesarry general liability insurance in order to get approved for a loan or certain licenses. Most landlords require their renters to carry renters insurance, which includes general liability for the policy holder and their family. 

How Much Is General Liability Insurance? 
The cost of general liability insurance varies widely depending several factors, including: 

  • Location 

  • Industry (for businesses) 

  • Coverage limits 

  • Deductible 

  • Credit score 

  • Claims history 

Whether you’re a homeowner or a business owner, your claims history matters when it comes to general liability coverage. If you have previous claims on your liability insurance, you may pay higher rates. The same goes for homeowners and business owners with poor credit scores. You can lower your monthly premiums by raising the deductible, but this also means you must pay more out of pocket after an accident and before receiving compensation. 

On its own, policy holders may pay around $40 a month ($500 a year) for general liability insurance. It’s typically more cost-effective when bundled with other policies, such as a home insurance policy, auto insurance policy or business policies. 

Businesses may save money by combining coverage under a business owners policy or commercial package policy. These policies combine general liability and commercial property coverage into policies geared toward businesses. They can also be customized with other important coverages. A business owners policy can cost as little as $350 a year for a small business. 

What Does General Liability Insurance Cover? 
General liability insurance unfortunately can’t cover everything. This insurance does not cover professional negligence or employee accidents. If an employee is injured on the job, they must be covered under workers compensation insurance instead. 

Professional negligence, on the other hand, refers to mistakes made by a professional providing a specialized service or product. If a medical professional provides the wrong diagnosis, for example, they could be held liable for damages as a result and would not be covered under general liability insurance. 

It’s important to consider your specific liability needs. Individuals may not need as much coverage as a business, but accidents can still happen at home. Homes with pools and trampolines are especially at risk, due to the high injury risk of these features. Speak with your Bromell insurance agent about the general liability risks you, your family or your business face to make sure you find a policy that fits your budget and your coverage needs. 

Posted 3:03 PM

Tags: general liability
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013

  • insurance(55)
  • louisiana(24)
  • shreveport(24)
  • coverage(16)
  • business insurance(15)
  • auto insurance(12)
  • home insurance(12)
  • commercial auto insurance(8)
  • business owners(8)
  • policy(8)
  • commercial(7)
  • workers compensation insurance(7)
  • commercial insurance(6)
  • motorcycle insurance(5)
  • workers compensation(5)
  • liability(5)
  • ruston(5)
  • homeowners(5)
  • general liability insurance(5)
  • commercial property insurance(3)
  • business(3)
  • vehicle(2)
  • fire(2)
  • winter(2)
  • general liability(2)
  • collision coverage(2)
  • recreational(2)
  • motorcycle(2)
  • workers(2)
  • general(2)
  • errors(2)
  • compensation(2)
  • commercial property(2)
  • personal umbrella insurance(2)
  • commercial auto(2)
  • flood insurance(2)
  • homeowners insurance(2)
  • rv(2)
  • property(2)
  • baton rouge(2)
  • property insurance(2)
  • home safety tips(1)
  • adequate coverage(1)
  • damaged headlights(1)
  • roadside assistance(1)
  • whole(1)
  • owners(1)
  • crossover(1)
  • life insurance(1)
  • gap coverage(1)

View Mobile Version
Instant Quote
Get Started
Referrals
We love referrals! And thank you even more for your continued business.
Customer Service
Self policy service any time of the day, directly from our website.
Join Our Newsletter
Stay in touch with the latest events, news and offers we have.
From Our Blog

  • American Collectors Insurance
  • American Modern
  • American Reliable
  • American Strategic Insurance
  • Capitol Preferred
  • CNA
  • Encompass
  • Metlife
Facebook Twitter LinkedIn Google
Stay In Touch With Us Helpful Site Links Contact Us
Sign up now to receive new and updates Home Page
About Us
Get A Quote
Partners
Referrals
Blog
Contact Us

711 North Vienna Street
Ruston, LA 71720
Office: 318-251-1212
Fax: 318-251-3089


880 Bert Kouns Industrial Loop, St B
Shreveport, LA 71118
Office: 318-687-1222

Associations
Powered by Insurance Website Builder
Trusted Choice Trusted Choice