General Liability Insurance
General Liability Insurance Information
- You need general liability insurance if you are liable for any property damage, bodily injury or personal and advertising injury caused by your business’s services, operations or employees. General liability insurance, also known as commercial general liability (CGL) insurance, can financially protect your company against the financial consequences of various risks.
What’s Commercial General Liability Insurance?
Commercial general liability insurance is a financial safeguard that can help pay for lawsuits and accidents related to nonprofessional negligent acts. Just one lawsuit or accident could damage your business’s reputation and cause financial hardship.
A CGL policy may pay for losses arising from third-party claims or suits alleging bodily injury, property damage or personal injury on your business premises or from your operations.
What Does General Liability Insurance Cover?
Usually general liability insurance provides these types of coverage:
- Bodily injury may cover medical expenses, loss of services and legal fees related to a third-party injury on your business’s property.
- Property damage may cover physical damage to the property of others or the loss of use of that property.
- Personal and advertising injury may cover personal and advertising injuries such as libel, slander, copyright infringement and invasion of privacy.
A lawsuit or accident can damage a business’s reputation and potentially cause financial damage. CGL insurance can help minimize your company’s risk and safeguard your hard-earned business resources. The Bromell Agency Inc. can ensure you have sufficient protection from harmful incidents.
How Much Is a Commercial General Liability Policy?
Your policy cost will depend on the coverages you choose, the size of your business, industry and location. We can review your business risk to determine what kinds of coverage give your company the best protection.
Safeguard Your Business
The Bromell Agency can help safeguard your business with insurance coverage for your company’s needs. Call us at 318-251-1212 to get started on your CGL policy.