The Basics of Commercial Liability Insurance
Running a successful business is all about knowing how to properly protect your assets. Typically, this begins by finding an insurance plan that meets your needs. While you always want to assess the specific risks of your industry in order to find adequate coverage, you might also have a few questions about general liability protection for commercial businesses. Take a look at these points and get a better feel for what falls under this category of insurance.
What Falls Under Commercial Liability?
When it comes to commercial liability insurance, there are a few main areas to consider. Standard coverage includes protections for ongoing operations. What this means is that the insurance covers property damage and bodily injury that happens on the premises of your establishment. Additionally, the coverage will also include completed operations, which provides protection in the event of an injury that happens after work has been completed. Other points that fall under the category of general commercial liability include:
- Reimbursement of medical expenses
- Protection against liability and slander
- Errors and omissions coverage
Find the Perfect Fit
There are many points to consider when it comes to finding appropriate insurance for your business. Review your options and discover a general liability plan that meets your needs and exceeds your expectations.