General liability insurance

The per-occurrence limit is the maximum amount of insurance money you'll get for claims from a single incident.

Business insurance is designed to protect your company against insurable risk, or the likelihood of a loss. But it's important to understand that even the most comprehensive insurance policies don't cover every type of risk.

A grace period is the additional time your insurance company gives you to pay your premium before your coverage expires.

An expiration date is the day your insurance policy lapses. Your insurance coverage will typically end at midnight on your policy's expiration date.

Want your insurer in your corner? A duty to defend policy makes it an insurer's obligation to provide legal defense for a lawsuit, instead of just compensating you for the claim.

A claimant is a person or business entity that files a claim to receive payment for a specific loss under the terms of an insurance policy.

An ACORD certificate of liability insurance is a document that provides a summary of your business insurance policy and proves you have liability insurance coverage.

The aggregate limit is the maximum amount your insurance company will pay for all covered claims filed during your policy period.

An additional insured is a business, individual, or other entity included in a general liability policy in addition to the named insured. Additional insureds are a way of extending your liability insurance coverage to another person or business.

Commercial general liability insurance isn't usually required by law. However, you might need this policy to sign a lease or work with some clients.

As an independent contractor, general liability insurance might not top your list of priorities. But when something goes wrong, it can protect you from expensive legal costs.

Many factors determine which general liability insurance policy is the right one for your business. Here’s how to choose a policy by looking at six different aspects of your general liability insurance quotes.

General liability insurance is your company’s first line of defense against many business risks, but it has its limits. Learn these common general liability exclusions to make sure you don’t get caught without coverage.

A certificate of insurance (COI) for commercial general liability insurance proves that your company carries this coverage. The document summarizes important information about your policy in a single page.