A small business’s general liability insurance is a necessary precaution against unexpected and often expensive liabilities. This policy covers your assets if you are sued for harming a third party. It can cover property damage, bodily injury, and advertising injury. Businesses face numerous risks on a daily basis. For example, a customer could trip over your stairs and sustain a broken leg. In addition, you could be held liable for an accounting error or damage to a customer’s property. Even if the claim is not based on a valid basis, it could cost thousands of dollars to fight the case.

While a small business’s general liability insurance is designed to protect the business from legitimate claims, this coverage will not cover negligent acts. For example, it does not cover misrepresentation of the nature of the business or misclassification of employees. Additionally, most policies do not cover natural disasters, which can cause damage to your business. In order to avoid being sued for damage caused by a natural disaster, you should consider purchasing a CGL policy for your company.

General liability insurance from APOLLO Cover Insurance can protect your business in case a customer has an injury caused by your products or advertising. It is a good idea to buy general liability insurance for your small business. Many contracts require this type of coverage and will protect you financially in case of a lawsuit. Some companies specialize in CGL coverage for small businesses and will provide an online quote for up to 50 industries. Farmers Insurance is a great option if your company deals with clients and customers directly.

A small business general liability insurance policy is an essential investment for any company. It will pay for legal costs and judgments that are made against your business. It also covers damage to your reputation or copyright. You may also want to purchase commercial property insurance, which protects your building and office against theft or other harm. When purchasing a CGL policy, make sure to include it in your small business’s insurance coverage. These policies will protect your business financially should a third party sue you for a mishap.

In addition to a general liability policy, a small business should also consider an umbrella policy. A comprehensive policy will protect the company from financial damage due to an accident. A separate coverage for these situations is necessary for an LLC. For example, workers compensation insurance is an important part of any business. A general liability insurance covers the cost of legal expenses and damages for an employee injured on the job. This type of liability insurance protects the company against unforeseen expenses.

The cost of liability insurance varies based on your company size, location, number of employees, and the number of policies. Depending on your business, it may be necessary to purchase workers compensation insurance for small business. A worker’s compensation policy covers the medical costs and wages of any employee injured in an accident. A worker’s health insurance is essential for all small businesses. There are many other types of CGL policies available for your business.