Accidents happen and if they happen on your property or as the result of work that you have done, you could be liable for damages. That’s why general liability insurance is so important. Having that crucial helping hand takes away any added layers of stress and concern over accidental and unintended harm, protecting you and the work you do.
Service and experience sets us apart and it starts here.
General liability insurance can also be referred to as commercial liability insurance or liability insurance, and it protects you and your business from a variety of financial burdens, including lawsuits and medical bills. General liability insurance for a business can protect your company from an accident that involves company property – a physical location or even a corporate vehicle – having led to the bodily harm of a third-party. General liability insurance can also protect you from personal and advertising injury deemed libel or slander.
As general liability coverage protects against general physical and intellectual harm, coverage can help with medical payments, legal costs, including defense costs, settlement payments, or court ordered fines.
Learn More about Your OptionsWhen exploring the coverage and amount of general liability insurance your business needs, keep in mind the following considerations and answer them on behalf of who you absolutely must protect.
What liability risks do I need to protect myself from?
Do we have a high volume of customers/guests coming on site?
Are there company cars, transport, or delivery vehicles to account for?
What sort of content creation should be protected in this policy?
ANSAY TIPS
Remember, you should always discuss coverage options with a general liability insurance specialist to find the best fit for you and your business.
There are a variety of reasons why your small business needs to protect itself with general liability insurance. Here are a few:
When shopping for the right coverage, there are a lot of factors that go into determining cost and coverage for your general liability insurance. Here are some tips for proactively reducing risk and the cost of general liability insurance for your business:
Prepare, and hold your staff to high standards for product quality and safety
Keep your building and commonly used spaces, especially flooring and carpets, clean, clear, and up to code; designate any areas that might require more caution.
Fill potholes and large cracks, ensure that there are clearly designated walkways for pedestrians and ensure things like snow and ice are cleared.
Keep stairs clear of debris and ensure that adequate hand railings are installed securely.
Proper amounts of indoor and outdoor lighting help minimize accidents caused by low visibility.
Develop a protocol for standards of communication and compliance to minimize the risk of copyright infringement or libel.
You can also save on general liability insurance costs by bundling with other important coverage such as commercial property insurance.
The physical space and equipment you use to run your business can be protected from damage or loss with commercial property insurance from Ansay & Associates. Click to learn more about your coverage options.
Property Insurance
Workers’ compensation can help cover medical costs and even provide employee wages for time missed from work and is an important thing to have as a business owner. Learn more about workers’ compensation insurance coverage options.
Workers Compensation
If a company vehicle is involved in an accident, your business will only be protected with the right commercial auto insurance coverage. Learn more about business auto insurance.
Business Auto
This coverage helps protect companies or professionals who provide advice, consultation or similar services against negligence claims.
Learn more about E&O insuranceFrequently Asked Questions
General liability insurance can cover the costs you and your business may be liable for in the event of bodily injury to a third-party or by intellectual harm such as libel, slander, and copyright infringement. This includes legal and defense fees, medical expenses, and other damages you may incur.
General liability insurance cost varies depending on your business’ needs and risk exposure, but typically costs between $X-$XX per month. Bundling your insurance policies can result in significant savings. An independent insurance agent can assist you in finding the most suitable prices for your specific needs.
Contact a general liability insurance agent and review policy options. They will be able to provide you with quotes that match your needs and price points.
There are a variety of factors considered when calculating general liability coverage for a contractor. These considerations are often called “the total risk of the job” and include things like the physical job site, material cost, and potential losses.
Contact Us
If your business is ready to take the next step in liability protection, reach out to Ansay & Associates – we’ll help you find the coverage that’s right for you.
You Can Always Call Us Toll-Free at: 1 (888) 262-6729