General Liability Insurance
General Liability Insurance Information
General Liability Insurance
If you run a business, you need general liability insurance. This type of insurance covers common yet potentially devastating accidents that could happen on your property, including your business’ property. This insurance is often included within a business owners policy or home insurance policy, but it can be purchased on its own.
The agents at Cole Hixon Insurance, Inc. will help you evaluate your risks of a lawsuit or accident and pair you with a reliable general liability insurance policy to cover your assets.
What is General Liability Insurance for a Business?
General liability insurance covers a variety of claims and dangers that may face your business. It covers non-professional negligence and accidents such as clients who are injured on the business property, accusations of property damage and claims regarding personal or advertising injury.
This insurance can cover medical payments and property damage expenses someone else may suffer as a result of an accident on the business’ property as well as protect your business from lawsuit expenses. This includes coverage for court fees, defense costs and settlement expenses.
Additional Liability Insurance
There are many other types of liability coverages that can be useful for your business. Liability insurance can be combined into a single policy such as a business owners policy. Additional liability coverage includes:
Professional Liability: This covers claims of professional negligence that causes a client to lose money.
Cyber Liability: This protects the business from claims concerning electronically stored information that is lost, breached, damaged or stolen.
Umbrella Liability: This fills in the gaps left by your other liability insurance policies.
How Much is General Liability Insurance?
Premiums for general liability insurance are based on a variety of factors, such as the location and industry of the business, claims history, size of the business and other factors. The more at risk your business is for filing a claim, the more you may pay for general liability insurance.
Essentially every business faces general liability claims during operation. Accidents and injuries occur frequently for businesses both with physical location and online, especially when it comes to products liability. Without it, you could face thousands or even millions of dollars in legal expenses due to a lawsuit.
Get General Liability Insurance Today
General liability insurance is crucial for protecting yourself and your business against common accidents. Call Cole Hixon Insurance, Inc. at (706) 353-8766 or fill out a quote form to get started today.
Common General Liability Insurance Questions
Your general liability limits should be dependent on your level of risk. The larger your business, the more liability risk you could face. Speak with an insurance agent about your level of risk and how much general liability insurance you should carry.
General liability insurance covers common accidents such as bodily injury, property damage and personal or advertising injury.
Find a general liability insurance policy from Cole Hixon Insurance, Inc. by calling (706) 353-8766 or fill out an online quote form.