General Liability Insurance in Prairie Village, KS
Running a business can be stressful enough without worrying about what could go wrong. General liability insurance can offer peace of mind by acting as a financial safety net against potential risks, such as a customer being injured on your premises. Understanding the basics of general liability insurance can help businesses navigate the complexities of today’s risk landscape.
What Does General Liability Insurance Do?
General liability insurance, often called commercial general liability insurance, is an essential type of coverage for businesses of all shapes and sizes. It can help financially protect an organization from a range of risks.
What Does General Liability Insurance Cover?
General liability insurance can help financially cover claims that arise during normal business operations, such as the following:
- Bodily injury—A general liability policy may help cover the costs of medical care, rehabilitation and legal expenses if a third party is injured and sues for damages.
- Property damage—A commercial general liability policy may cover repair or replacement costs if your business causes damage to someone else’s property while performing business-related tasks.
- Personal and advertising injury—This may financially cover nonphysical injuries and lawsuits accusing you of slander, libel, copyright infringement, invasion of privacy, false advertising and similar acts.
Is General Liability Insurance Worth It?
For most businesses, general liability insurance is worth the premium. Without it, even a small slip-and-fall incident could threaten a business’s assets.
General Liability Insurance Coverage Near Me
Contact Bovard Insurance Group to discuss your business insurance needs. Our professionals are here to help you get the right coverage for your business.