General Liability Insurance
General Liability Insurance Information
A lot of time and money goes into making a business successful. Unfortunately, it takes only one accident or lawsuit to damage a business’s reputation and cause financial hardship. The right insurance may be able to minimize your business’s risk and protect your hard-earned assets.
What Is General Liability Insurance?
General liability insurance can serve as a financial safety net, typically covering lawsuits and accidents related to non-professional negligent acts. This coverage may help protect your business against accidents on your company property and help you cover lawsuits or accident-related expenses. We can work with you to ensure you and your business have the protection you need.
What Does General Liability Insurance Cover?
General liability insurance may provide the following coverage:
Bodily injury—May cover medical expenses, loss of services and legal fees related to a third-party injury on the property.
Property damage—May coverphysical damage to property of others or the loss of use of that property.
Personal and advertising injury—May cover personal and advertising injuries such as libel, slander, copyright infringement and invasion of privacy.
Products liability—May protect your business against lawsuits from product-related injuries or accidents.
Contractual liability—May extend to any liability you accept by entering into various contracts.
Products-completed operationscoverage—May provide liability protection, such as damages and legal expenses, if an injury results from something your business made or a service your business offers.
There are additional coverages that may suit your business needs. Mark Twain Insurance Services can review your business exposures and tailor coverage for your business’s particular needs.
Is General Liability Insurance Required?
Although general liability insurance isn’t generally required in California, businesses should know the state doesn’t usually cap liability lawsuit rewards. Therefore, your business could potentially face devastating costs if a large liability claim is brought against you. General liability coverage may reduce your business’s risk and provide the needed financial support.
What Does General Liability Insurance Cost?
General liability insurance costs can vary. We can review your business operations to help you obtain affordable coverage that meets your operational needs.
How We Can Help
Mark Twain Insurance Services can help you find general liability coverage tailored for your business needs. To get started, call us at 800-350-7700 today.