What you need to know about Commercial Liability Insurance
Commercial liability insurance, often referred to as business liability insurance, is coverage that can protect you from a variety of claims including bodily injury, property damage, personal injury and others that can arise from your business operations. Every business should have general liability insurance coverage in place. Commercial liability insurance quotes can include:
- Bodily injury and property damage liability
- Personal and advertising injury
- Medical payments
Who needs general liability insurance?
Commercial liability insurance is often combined with property insurance in a Business Owners Policy (BOP).
As a small business owner or contractor, you need some form of business liability insurance to safeguard your livelihood.
A single accident could result in a lawsuit that you might not be able to handle. A great way to protect against this is to make sure you have liability coverage that matches your level of exposure.
Many of your commercial clients may require you to carry a certain amount of general liability before you can work for them and request a certificate of insurance as proof of coverage in force.