Commercial general liability insurance: the basics.
Mistakes and unforeseen events happen, which is why we purchase insurance for our homes, our cars, and even on our own lives.
Businesses are no different. Your dry cleaner wants to provide the best service possible but sometimes items are lost or stolen. A cafe owner serves artisanal baked goods, but a customer contracts food poisoning from a muffin. This is where commercial general liability insurance comes in.
In the simplest of terms, commercial general liability insurance protects you and your business against claims for bodily or personal injuries and advertising liability. It also covers you if a third party sues your business for damages incurred at your business or by your products.
Having commercial general liability insurance can help cover the costs of defending yourself against lawsuits for any of the above-mentioned claims.
The following sections go over some of the most common questions about commercial general liability, including which businesses should invest in this kind of coverage, how much its costs, where to get great rates, and the other types of insurance businesses should consider buying.