General Liability (GL) insurance helps protect businesses from claims that happen as a result of normal business operations. The law requires businesses to operate in safe and careful manners. If a business carelessly causes bodily injury it may face a negligence lawsuit. GL insurance generally provides coverage for, among other things, third-party bodily injuries, medical payments, and advertising injuries. If you want to ensure that your small business has financial protection from unforeseen claims, general liability insurance is a smart investment.
While it’s not always required by law, it may be required by certain contracts or lease arrangements. We understand that you want to protect what has cost you so much. Even a small lawsuit for bodily injury or property damage is often enough to bankrupt a small business. Therefore common sense requires small business owners to carry general liability. In Florida General Liability also helps cover legal fees and settlements if you are sued.
While an LLC structure provides some protection from personal liability for members, the protection is not absolute and the business is still subject to being sued. General liability insurance helps protect your business from the consequences of third party claims for injury or property damage.
When customer property is damaged by an employee, your coverage may pay for a replacement.
For example: Your contractor accidentally sets fire to a building they are working in, and repair costs will exceed $75,000. Now, you may be liable to pay for the damages and construction costs.
With small business general liability insurance, you would likely have help covering the costs of those damages.
For example, a hairstylist mops her ceramic foyer but fails to warn customers of the slippery conditions, and a customer slips and breaks her leg. The customer’s bodily injury claim for damages, pain, suffering and medical costs falls under commercial general liability coverage
Congratulations on being one of the many small business owners who make South Florida great. To protect your business, you need the right coverage.
we understand small business owners and the challenges you face every day. We also know that no two businesses are completely alike, so we don’t try to put you in a one-size-fits-all insurance policy.
When you get a quote for small business insurance , we look at a number of factors to determine the best level of coverage for you, including your industry, business size, and more. Our goal is to give you only the coverage you need now—and we can grow that coverage as your business grows.