General Liability Insurance Explained
Need to know a little bit about general liability insurance? Hiscox put together a short video to explain general liability insurance and why a small business owner needs it. Watch the video below or read the transcript.
Transcript:
Nothing is more rewarding than getting a business off the ground. But while you’re rising, it can be easy to overlook the risks you face as a business owner.
Unforeseen events like claims of damage or injury happen all the time. And being sued by a third party can really upset your plans.
The good news is there’s a simple way to protect your business. It’s called General Liability insurance.
General liability insurance which is sometimes called business. or commercial liability insurance, is designed to protect you.
If your business is sued, you can use general liability insurance to cover legal fees.
You need general liability insurance if you interact with clients face to face, have access to a client’s property or need coverage to enter into a contract.
A general liability insurance policy can cover claims of bodily injury to a customer, vendor or someone else, such as a slip and fall. Damage to property belonging to someone else. Personal injury, such as writing or talking about your clients in a false and unflattering way, advertising injury, like claims of copyright infringement or stolen ideas and more.
General liability insurance does not cover things like:
- Your own property
- Vehicles and boats Professional services or
- Workers compensation
With Hiscox, getting a fast, tailored and affordable general liability insurance policy is simple to do online or over the phone. You’ll need to provide basic information about your business and services. And once your application is complete, you can receive your policy documents and coverage the same day.
The best time to think about general liability is before the unexpected happens.
With insurance to help power your journey, you’ve got the reassurance you need to keep your business rising.
Go online to start a free quote and see how easy it is to protect your business.
Ready to get business insurance?
Insurance for businesses does not have to be complicated. You can get a small business insurance quote and purchase online in minutes, and your business could be covered today. If you have questions about insurance for your business, you can talk to a human at 1-866-283-7545. A licensed insurance advisor is more than happy to help you navigate getting your business covered with an insurance policy that makes sense for you.
This information is provided to assist you in understanding the coverage we offer and does not modify the terms and conditions of any insurance policy, nor does it imply that any claim is covered. Specific coverage terms can vary by class of business. Coverages are subject to underwriting and may not be available in all states.