General Liability and Property Package

Commercial General Liability Insurance Protects Your Business From Common Liabilities.

Your business faces liabilities every day. The only way to protect your assets is to carry adequate business liability insurance. A Commercial General Liability (CGL) insurance policy is the first line of defense against many common claims.

General Liability insurance covers claims of bodily injury or other physical injury or property damage. It is frequently offered in a package with Property insurance to protect your business against incidents which may occur on your premises or at other covered locations where you normally conduct business. Commercial General Liability enables your business to continue operations while it faces real or fraudulent claims of certain types of negligence or wrongdoing.

Commercial General Liability – The Most Basic Form Of Business Insurance

If you have only one form of business insurance, it is most likely Commercial General Liability. CGL policies cover claims in four basic categories of business liability:

• Bodily Injury
• Property Damage
• Personal Injury (including Slander or Libel)
• Advertising Injury

In addition to covering the claims listed above, Commercial General Liability policies also cover the cost to defend or settle claims – even if the claims are fraudulent.

Business Liability Insurance Keeps You In Business.

Every business benefits from adequate Commercial General Liability coverage. CGL insurance protects you if a customer is injured at your place of business. It would also cover damage or injuries caused by your employees at a client's site.

Commercial General Liability protects businesses against these types of claims. Even if your company is negligent or liable for damage, injury or loss to another's property, reputation or health, your business can keep its assets if it is adequately insured.

Commercial General Liability Only Protects Against Some Business Liabilities.

Even as a BOP (Business Owner's Package), where CGL insurance is combined with Property insurance at very reasonable rates, General Liability insurance does not protect your business against every liability. Professional Liability is a much-needed form of business liability insurance whose coverage takes over where Commercial General Liability leaves off.

Professional Liability insurance (also known as Errors and Omissions, or E&O coverage) is a separate type of insurance which protects your business against loss from a claim of alleged negligent acts, errors or omissions in the performance of your professional services. Professional Liability insurance is another important type of coverage to protect your business from potentially catastrophic claims.

Commercial General Liability Quotes.

Some companies make the mistake of thinking professional negligence or errors will be covered by a CGL policy. If you or your employees make professional judgements and recommendations in the course of your business, ask your agent or broker about a Professional Liability policy in addition to a CGL policy.

Commercial General Liability is less expensive than Professional Liability insurance. Ask your agent or broker to quote several coverage combinations, including CGL, Property and E&O coverage, to protect your business against a wide array of liabilities.