Does General Liability Insurance Cover All Your Business Needs?

​As the name suggests, you may think that general liability insurance covers all the needs of your business. But, this is not entirely the case. While general liability is extremely beneficial, there are certain types of risks that need specialized coverage. 

​What Is General Liability For A Business
Commercial general liability is a form of policy that covers property damage, personal injury, and bodily injury brought about by the products and operations of the business. Another reason is the injury that occurs within the premises of a business. Even though general liability does not provide coverage for all types of risks that a business may encounter, it is quite comprehensive. 

The policies for commercial general liability come in various levels of coverage. For example, a policy may have property damage or bodily injury coverage due to finished products. A policy may also have premises coverage that provides protection from certain claims.

If you are considering to get general liability for your business, but are unsure of what to expect, ask yourself these questions:

• Do I have employees or hire contractors at my business premises?
• Do I have access to the investments or properties of my clients?
• Do my clients or customers come to my business establishments on a regular basis?
• Do my employees go to on-site locations on my behalf?

If your answer is yes to any of these questions, then general liability can protect you from certain risks that you may face while running your business. Again, do not think that it can cover all the protection that you need. 

Limits Of General Liability Insurance
General liability does not include in its coverage protecting your own property. It also does not cover claims that your employees may take. General liability typically exists to protect your business against any lawsuit. 

For example, if one of your employees drops the jewelry of your customer, or cause someone to slip and get injured due to a wet floor, liability insurance will cover the damage to the jewelry items and the injury. 

General liability insurance is important as you could be facing situations like these at some point. Buy insurance coverage accordingly with the potential risks your business could suffer from in mind. Talk to your insurance agent about it. 

At American Eagle Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (225) 667-7377 or Click Here to request a free quote.