Running a business involves taking risks, but having the right insurance coverage helps you mitigate those risks and protect your hard work. Staples & Associates offers general liability insurance that safeguards your business from claims related to injuries, property damage, or accidents that occur on your premises or as a result of your products or services. It offers peace of mind knowing that you are protected from potential legal and financial burdens.

What does general liability coverage cover?

General liability insurance covers medical expenses, legal defense and settlements when someone is injured on your business premises as a result of business activities such as a slip and fall accident or an injury caused by a product or service.  Property damage is also covered by general liability insurance when business operations are the cause of the damage. It also protects against claims of libel, slander, copyright infringement and helps cover legal defense costs and potential settlements in such cases. When it comes to medical expenses, it helps avoid the need for a lawsuit because it provides coverage for medical bills incurred by someone who is injured on your business premises, regardless of fault.

What limitations does general liability insurance carry?

It is important to know that general liability insurance has limitations and exclusions. It may not cover certain types of claims such as professional errors or malpractice or intentional acts. The coverage limits also depend on the policy and as a business owner, you may choose to purchase additional coverage through endorsements or umbrella policies for higher liability limits.  You can review your options for general liability insurance with a Staples & Associates agent to ensure it meets your specific business needs.