General Liability Insurance
General Liability Insurance Information
General liability insurance can be a line of coverage for common risks a business can see such as customer injury, property damage and advertising injury. Without coverage, it’s easy to incur high costs from lawsuits resulting from these listed incidents. Even if this coverage isn’t required for you as a small business owner in your state, some client contracts may require it. Regardless, it’s crucial to consider coverage to keep you and others financially safe. Our agents at DRD Insurance Agency can help you get started with a policy.
What Does General Liability Insurance Cover?
Generally, general liability insurance provides the following types of coverage:
Property damage, which may cover physical damage to property of others or the loss of use of that property
Personal and advertising injury, which may cover personal and advertising injuries such as libel, slander, copyright infringement and invasion of privacy
Additional types of insurance may also be beneficial to have, and DRD Insurance Agency can review your current risk exposures and tailor coverage for your specific needs.
Is General Liability Insurance Required?
Depending on your industry and state requirements, general liability insurance may be a required coverage for you. If your business falls under any of the following, general liability insurance is essential:
The location is open to the public
Works closely with customers or clients
Handles client property
Rents or owns commercial property
Be sure to converse with an agent to determine the best coverage decision for your business.
How Much Does General Liability Insurance Cost?
There are a few factors that could influence the cost of your general liability policy, including:
Number of employees
No two policies are the same, so it’s important to discuss your quote with an agent when getting started.
Get Started Today
At DRD Insurance Agency, we are here to help you best protect your business. Contact an agent today to get started with coverage or to have more of your general liability insurance questions answered.