At its core, General Liability insurance protects your business against injuries to customers or damage to property caused by the services you provide. While this may sound simple, there's often confusion about the specifics of what it covers.

Some of the common misperceptions include the following:

"I formed my business as a Limited Liability Corporation (LLC), so I don't need General Liability insurance": While an LLC protects the personal assets of the business owners in case of a lawsuit, it doesn't shield the business assets. For example, if someone gets injured at your business and your company is held liable, without General Liability insurance, the business's assets like cash, equipment, and materials could be used to cover those damages. The LLC may protect the owner's personal assets, but the business itself remains at risk from unfavorable judgments.
"I purchased Professional Liability insurance, so I don't need General Liability insurance": While Professional Liability insurance and General Liability insurance are often confused, they serve different purposes. General Liability typically covers physical damage to a person or property, while Professional Liability protects against damages resulting from services provided by your business. For instance, if your accounting business fails to file the correct tax paperwork for a client, Professional Liability (or Errors and Omissions insurance) would cover the legal fees or litigation costs. In many cases, both types of insurance may be needed to fully safeguard your business.
"General Liability insurance will protect my business from all work-related injuries": While General Liability insurance covers many types of claims, it does have limitations. Notably, it only covers third-party claims. This means personal injury claims from your employees are not included, nor are auto accidents caused by employees while driving for work. To protect your business from these types of claims, you would need additional coverage, such as a Workers' Compensation policy or a Commercial Auto policy.

The best way to determine the right type of General Liability insurance for your business is to consult with a licensed agent at our office. We can help assess your insurance needs and provide quotes from several top insurance companies to ensure you get the right coverage.

Get A Quote For Your General Liability Insurance Today

Our licensed staff is ready to assist you in obtaining multiple General Liability insurance quotes. As an independent insurance agent, we have the ability to shop from various insurance companies, helping you find the right coverage at the best price.

GENERAL LIABILITY INSURANCE