General Liability
General liability insurance is a necessary insurance product for any business. Liability coverage gives you the protection you need for unexpected events that happen at your place of business or as a result of your product or service.
When you have a general liability policy in place, you have the protection you need for many common accidents or events. This type of coverage will protect you if:
- A client or customer is injured while at your place of business
- An employee damages goods at a client's home or office during an installation
- Damage to the property you are renting for your business
Liability policies may also offer additional coverage based on your needs and what your insurance company offers.
Is General Liability Insurance Mandatory?
General liability insurance is not mandatory in any state. Businesses have the option to select this insurance or not. However, the protection it provides a business in the event of an accident is well worth the small monthly premium.
Does General Liability Cover Injuries To My Employees?
General liability insurance does not cover "first-party" accidents or injuries. You and your employees would be considered "first-party" under this insurance policy. Worker's Compensation Insurance covers injuries that occur to your employees while they are at work.
What About Theft or Physical Damages Caused By Others To My Property?
A general liability policy does not cover events such as theft, fire, vandalism, and other similar events that can damage your business, property, or equipment. These items would be covered under different business insurance.
It Only Takes One Accident To Destroy A Business
You have worked hard to establish and build your business. You have dedicated time, talent, and money to creating and starting this business, and it would be awful to lose everything just because of an accident.
For instance, if you have a client enter your business and slip on a carpet that you have in the entranceway to wipe their feet before entering. When they fall, they break their hip.
The accident is covered if you have a general liability policy in place. This means that all of their medical bills, continuing care, and other financial losses that they sue for, and they will sue for the, will be covered up to the policy limit.
A simple slip-and-fall accident could cost your business hundreds of thousands of dollars out-of-pocket if you do not have a general liability policy. A judgment in this amount can destroy many small business owners.
Truckers Insured Can Help You Find The Right Business General Liability Policy
Finding the right insurance products for your business does not have to be a challenge. When you work with Truckers Insured, you can find all the policies you need to protect your business in one place.
Truckers Insured works with several insurance providers, which allows us to customize your insurance policies to fit your needs. Working with several insurers also helps us find you the best price for your coverage.
Truckers Insured offers all types of business, personal, and trucking industry-related insurance policies. We can also help you put together an employee benefits insurance protection plan. Contact us today to see how easy it is to get insurance protection.