General Liability for My Small Business 

Every day, small businesses face a variety of risks, such as customer injuries on their premises or claims of negligence. As such, many businesses rely on commercial general liability (CGL) insurance as a fundamental layer of financial defense. This policy may help your business handle unexpected incidents without compromising your financial stability.

Why is General Liability Insurance Important?

CGL is essential because it may provide financial protection from liabilities that arise from various day-to-day operations. Even if your industry does not require CGL insurance, it is a wise investment for any small business with clients, vendors or employees on-site. It’s a proactive way to prepare for risks and protect your company’s financial health.

What Does This Policy Cover?

Standard commercial general liability policies typically cover the following:

• Bodily injury—This may provide financial aid for medical expenses and legal fees if a third party is injured on your business premises.

• Property damage—This may cover your business if it is responsible for damaging someone else’s property.

• Advertising injury—This may help against slander, libel or copyright infringement claims stemming from your business’s advertising.

CGL insurance can be crucial for managing day-to-day operational risks. Examples of situations it may cover include the following:

• If a customer is injured using a product your business manufactures or sells, a CGL policy may compensate them for their medical and legal expenses.

• If a vendor visits your office and your team accidentally damages their equipment, CGL insurance may pay for repair or replacement costs.

• If a customer gets sick after consuming your product and files a claim, CGL insurance may cover medical expenses and potential legal settlements.

• If your business uses an image or content that inadvertently infringes on someone else’s copyright, CGL insurance may cover legal fees and damages from the claims.

Secure Your Coverage

For more information on how commercial general liability insurance can help your small business, contact Dunton Insurance Agency today. Our experts can help you find the optimal CGL policy.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.