General Liability Business Insurance

Protect your business from financial loss with a Commercial General Liability (CGL) policy from Stay Kalm Insurance.

With a general liability business insurance policy, you won’t be liable for property damage or injury that results during the delivery of your company’s services. This is different from professional liability insurance.

What is a Commercial General Liability Insurance Policy?

Commercial general liability insurance covers the costs you may incur when you have to mount a legal defense after you have an accident. The policy will also pay the damages if the court finds you liable in the suit.

A lawsuit may cause your business financial harm from which it may not be able to recover, as well as negative impact to your company’s reputation. Liability lawsuits are actually quite common, which means this type of insurance is incredibly valuable to your business.

When Might My Company Require General Liability Insurance?

There are several circumstances in which a CGL will provide you with essential protection against legal expenses, medical costs and damages brought during legal actions for compensatory and punitive damages.

Here are a few instances where a commercial general liability insurance policy may provide you with the protection you need after an accident:

Trips & Falls

When a customer trips or falls in a hole on your property or on some loose flooring, you may need the protection of a Commercial General Liability policy to ensure your company isn’t negatively impacted by the cost of a lawsuit.

Property Damage

During a service visit, imagine one of your employees accidentally damages a customer’s property. For example, a window is broken while your employee is working on the premises or the water is left on and leads to structural water damage.

What Types of Commercial General Liability Insurance Can I Purchase?

Like any policy, there are different coverage types designed to protect your business from various liability lawsuits. Here are those types:

Bodily Injury and Property Damage Liability

If you are sued for bodily injury or property damage because of non-professional negligent acts, this coverage will protect you. It will also come into play during instances of emotional or mental distress.

Personal and Advertising Injury

This coverage will assist in cases of slander, libel or false arrest. Issues of copyright infringement, wrongful eviction and invasion of privacy are also covered in this type of coverage.

Medical Payments

Some medical payments associated with injuries sustained by individuals who aren’t an employee of your company are covered under this facet of your Commercial General Liability insurance policy.

When you speak with one of our commercial insurance policy specialists, we’ll help you create a policy that will provide effective insurance protection for your business and its hardworking employees.

Do You Have Questions About Commercial General Liability Insurance?

Financial losses sustained due to your company’s liability after an accident can cause you irreparable financial harm. A commercial general liability insurance policy from Stay Kalm Insurance will help you protect your business from non-professional negligent acts.

Get in touch with us today by calling 1-214-377-0812 for more information on a policy to protect your company.