Contact Us: ​(225) 667-7377
American Eagle Insurance
  • Home
  • Quotes
    • Property Quotes >
      • Home Insurance Quote
      • Flood Insurance Quote
      • Earthquake Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
    • Auto Quotes >
      • Auto Insurance Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Roadside Assistance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Business Quotes >
      • Commercial General Liability Quote
      • Workers Compensation Quote
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Insurance Bond Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Umbrella Insurance Quote
      • Travel Insurance Quote
      • Special Events Insurance Quotes
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Property >
      • Home Insurance
      • Flood Insurance
      • Earthquake Insurance
      • Landlords Insurance
      • Renters Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Commercial General Liability
      • Workers Compensation
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Insurance Bonds
    • Other >
      • Event Insurance
      • Travel Insurance
      • Special Events Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Helpful Info
    • Blog
    • News
  • Contact
  • Home
  • Quotes
    • Property Quotes >
      • Home Insurance Quote
      • Flood Insurance Quote
      • Earthquake Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
    • Auto Quotes >
      • Auto Insurance Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Roadside Assistance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Business Quotes >
      • Commercial General Liability Quote
      • Workers Compensation Quote
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Insurance Bond Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Umbrella Insurance Quote
      • Travel Insurance Quote
      • Special Events Insurance Quotes
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Property >
      • Home Insurance
      • Flood Insurance
      • Earthquake Insurance
      • Landlords Insurance
      • Renters Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Commercial General Liability
      • Workers Compensation
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Insurance Bonds
    • Other >
      • Event Insurance
      • Travel Insurance
      • Special Events Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Helpful Info
    • Blog
    • News
  • Contact

American Eagle Insurance Blog

Ultimate Guide to General Liability Insurance for 2020

4/6/2020

0 Comments

 
Picture
​If you want to establish your own business that earns $1 million a year, expect to spend at least $20,000 per year in funding lawsuits. Preventing this financial setback is a must to survive, and one of the best ways to do it is through investing in commercial general liability. I will define this investment, give reasons as to why it is important, and what can it protect.
Defining Commercial General Liability (CGL)
CGL has three different categories that can help you protect the business. The first category is bodily injury, which involves your company receiving damage from customers, visitors, or bystanders. The second category involves intentional acts made against you or your company, such as slander, libel, or copyright infringement, which is known as personal and advertising injury. The final category has something to do with paying the necessary legal personnel to handle cases that involve the first two categories.

Reasons Why You and Your Business Needs CGL
If you are interested in investing in your own CGL insurance plan for your future company, get ready to set aside between $500 to $2,000 yearly for it. This amount varies on where and how much protection the plan has to cover. For example, if your company would involve sending your employees to work closely with your clients, you would need to invest in worker’s compensation and professional errors. In another scenario, you should also have a plain towards employees who file sexual harassment, discrimination, or wrongful termination towards other employees. Finally, you should also make sure to have protection just in case your physical office to your company vehicles can get damaged in the long run.

Conclusion
There are a lot of costs needed to start a company. One of the most important purchases is a commercial general liability (CGL). We learned that it is a need as you would have to protect your commercial property and employees while paying off the proper legal professionals to handle any of these issues. All in all, this yearly premium can reduce the risk your company will catch. Reducing these risks will help it grow into a stable company for your clients and for your employees at the same time.

At American Eagle Insurance, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (225) 667-7377. Get your free quote today by CLICKING HERE.
0 Comments



Leave a Reply.

    Contact Us

    (225) 667-7377​
    2900 South Range Ave
    Denham Springs, LA 70726​
    Click Here to Email Us

    Archives

    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019

    Categories

    All
    Auto Insurance
    Business Insurance
    Commercial General Liability
    FAQs
    Financial
    Flood Insurance
    Home Insurance
    Insurance
    Local
    Safety
    Workers Compensation

    RSS Feed

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

American Eagle Insurance​
2900 South Range Ave
Denham Springs, LA 70726
(225) 667-7377
Click Here to Email Us
Review Us

Location

 Website by InsuranceSplash