General Liability
Liability insurance is there to clean up after your business's mistakes, providing coverage for claims related to negligent business activities (injury related to the use of your product, for example) or the failure to use reasonable care. The insurer typically pays damages and legal defense fees as well as case-settlement charges.
General Liability Buyer's Guide
Related General Liability Articles
- A quick overview of business insurance
- A business can't exist without assets. To protect your assets in the event of a catastrophe, you'll need sufficient property insurance.
- Be discriminating when selecting your insurer
- All insurers are not the same. In addition to reasonable rates, you want to look for fiscal stability, good ratings, and favorable history of payment for claims made.
- The ins and outs of making claims
- Making claims in drudgery, for sure. But it's always where you'll run into the most snags, and where you'll really find out if your insurance company is up to snuff.
- Is your insurance agent working for you?
- Finding an insurance broker or agent that will truly work in the best interests of your business is a critical task. You need to make sure that they have a clear understanding of the unique risks of your business.
