Explaining General Liability Insurance for Your Business

Explaining General Liability Insurance for Your Business

General liability insurance could not only save you money, but also protect your business from having to shut its doors for good. 

It’s pretty easy to see that the 21st century is known for the digital era, as well as the litigious era. People are always looking for ways in which they can sue businesses, and juries almost always rule against the business. So, it’s an absolute necessity that business owners consider general liability insurance to protect themselves and their business from lawsuits. Here is a brief overview of this business-saving coverage, and why you need it.

Why do I need it?

Many small business owners believe that they are too small to fall victim to a lawsuit. This is almost never the case. One small mishap with a repeating client, and you could see that your good relationship with that client goes out the window. The lawsuit could be a nasty one and could put your business at risk.

What’s involved and what does it cover? 

General liability insurance covers claims related to negligence like personal and bodily injury, false advertising, and property damage. It also covers the legal fees associated with the litigation process, regardless of whether the claim is valid or not. It does not include incidents in which criminal intent is involved or litigation involving punitive damages.
General liability is often offered to business in a package called a business owner’s policy (BOP). Make sure that you look closely into what is covered in your policy, and to make sure that your policy is tailored to fit your unique business.

Our staff at Remland Insurance is very experienced in all matters regarding general liability insurance and would be happy to answer any further questions you may have regarding this issue.  We would greatly appreciate the opportunity to quote your California insurance coverage in 2016! Contact us today.