General Liability Insurance is one of the most pervasive policies to have as a business owner because it provides protection for liability issues resulting from personal and advertising injury, including medical expenses. This type of coverage offers protection against a wide range of claims and can play a major role in ensuring your business’ financial safety. General liability claims can arise from injury or property damage that occurs on your property, by your employees during working hours, or as a result of your company’s operations.
- Property Damages – Covers damages made to a property for which you are legally liable. This could include damages made to rented equipment from another party.
- Bodily Injury & Medical Payments – Covers medical costs when someone is injured on your property or if the injury is caused by your business’ operations or by an employee during working hours.
- Personal & Advertising Injury – Protects your company from claims of libel and slander. This may include false or misleading advertising or copyright infringement made against your company.
- Legal Costs – Covers the costs of any settlement against your company, as well as compensatory, nonmonetary and punitive damages. This type of coverage will also cover the costs incurred while defending your company, even if your company is found to be at fault.
The agents at Remland Insurance can help you determine the necessary amount of general liability insurance your business needs.