Business general liability insurance protects the business from potential Third-Party claims for damages to the business, its equipment, supplies, or products. An example of general liability coverage is an insurance company's payment of medical expenses relating to a customer's slip and fall at the business's business parking lot. If the insured employee was injured while visiting customers in this part of the facility, the employees' medical expenses would be covered under the insurance company's policies. In this situation, the company would have paid the employee's expenses directly, but without any claim of liability from third-parties.
Bodily Injury - This protects a small business general liability insurance company against claims when a customer or client becomes injured while on property owned by the Insured. For example, if a guest slips and falls on your company's sidewalk, a claim might be made. Under a bodily injury policy, the Insured's liability would include the cost of medical care received, and any pain and suffering that resulted from the injury. However, any consequential or incidental damage that was awarded to the client in the case would not be covered under a bodily injury policy. Damages awarded in this category are limited to those amounts that were determined by the courts.
Property Damage - This includes any damage caused by a client's property while on your premises. Some examples of property damage or loss due to a broken water pipe, water damage in the bathroom due to shut-off, or smoke damage from a cooking stove. In most states, general liability coverage will protect the Insured's liability for any damage to the customer's property. However, damages resulting from negligence, errors, omissions, or reckless actions of the Insured will not be protected.
Employer Liability - A commercial general liability policy will typically provide coverage for employees that have been injured while at work. The policy may also name an Employer's Liability Pool. With an Employer Liability Pool, a specified percentage of claims submitted by naming employers are transferred to the Insured. For example, the pool would pay for personal injuries sustained by an employee. Personal injuries that have been sustained as a result of an act attributed to the Employer's negligence, errors, recklessness, or negligence of the Employer will generally be covered by the Employer Liability Pool.
Personal Injuries - Any injury caused to an individual by an act of another will generally be covered by the Insured's general liability insurance. For example, a person who is hit by a falling tree, a car that drives too fast, or a construction site where they are crushed by falling bricks can all be protected by this type of policy. Most personal injury claims will also be considered an attempt by an entity to cause injury to an individual. If the injury is attributed to such an entity, the damages caused will usually be covered by the Insured's general liability coverage. This is one of the few types of policies that explicitly exclude accident injuries from being considered.
Commercial General Liability Insurance - is a form of insurance specifically designed to protect against property damage and injury claims. Property damage, which includes vandalism and theft, occurs when an insured harms a person's real or personal property. Bodily injury claims include things such as being hit by a vehicle, having someone slip or fall on your floor, or having someone use your telephone or computer without your permission. Property damage coverage is designed to compensate for the cost of repairing or replacing damaged property. In addition to the cost of repair or replacement, the policy may also cover punitive damages in cases of deliberate wrongs.
Bodily Injury - This protects a small business general liability insurance company against claims when a customer or client becomes injured while on property owned by the Insured. For example, if a guest slips and falls on your company's sidewalk, a claim might be made. Under a bodily injury policy, the Insured's liability would include the cost of medical care received, and any pain and suffering that resulted from the injury. However, any consequential or incidental damage that was awarded to the client in the case would not be covered under a bodily injury policy. Damages awarded in this category are limited to those amounts that were determined by the courts.
Property Damage - This includes any damage caused by a client's property while on your premises. Some examples of property damage or loss due to a broken water pipe, water damage in the bathroom due to shut-off, or smoke damage from a cooking stove. In most states, general liability coverage will protect the Insured's liability for any damage to the customer's property. However, damages resulting from negligence, errors, omissions, or reckless actions of the Insured will not be protected.
Employer Liability - A commercial general liability policy will typically provide coverage for employees that have been injured while at work. The policy may also name an Employer's Liability Pool. With an Employer Liability Pool, a specified percentage of claims submitted by naming employers are transferred to the Insured. For example, the pool would pay for personal injuries sustained by an employee. Personal injuries that have been sustained as a result of an act attributed to the Employer's negligence, errors, recklessness, or negligence of the Employer will generally be covered by the Employer Liability Pool.
Personal Injuries - Any injury caused to an individual by an act of another will generally be covered by the Insured's general liability insurance. For example, a person who is hit by a falling tree, a car that drives too fast, or a construction site where they are crushed by falling bricks can all be protected by this type of policy. Most personal injury claims will also be considered an attempt by an entity to cause injury to an individual. If the injury is attributed to such an entity, the damages caused will usually be covered by the Insured's general liability coverage. This is one of the few types of policies that explicitly exclude accident injuries from being considered.
Commercial General Liability Insurance - is a form of insurance specifically designed to protect against property damage and injury claims. Property damage, which includes vandalism and theft, occurs when an insured harms a person's real or personal property. Bodily injury claims include things such as being hit by a vehicle, having someone slip or fall on your floor, or having someone use your telephone or computer without your permission. Property damage coverage is designed to compensate for the cost of repairing or replacing damaged property. In addition to the cost of repair or replacement, the policy may also cover punitive damages in cases of deliberate wrongs.
