Call Us (800) 797-2016 ☰ ˟
Logo
Call Us (800) 797-2016
  • Home
  • Products
    • Automobile
    • Homeowners
    • Business & CommercialImage of right arrow
      • Business Owners Policy (BOP)
      • Workers Compensation
    • Cyber Liability Insurance
    • FarmImage of right arrow
      • Crop
      • Farm Equipment Insurance
      • Livestock Insurance
    • Renters
    • Life
    • Supplemental Health Insurance
    • Long-Term Care Insurance
    • Agritainment
    • Artisan Contractors
    • Commercial Agriculture
    • Directional Boring
    • ID Theft
  • Get A Quote
    • Auto
    • Homeowners
    • Renters
    • Business & Commercial
    • Farm
    • Life
    • Long-Term Care
  • Resources
    • Blog
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • About Us
    • About Us
    • Employee Directory
    • Why Choose an Independent Agent?
    • Insurance in Cincinnati, OH
    • Insurance in Chillicothe, OH
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Auto and Home Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Learn More
Business Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Learn More
Life and Health Icon

Business

We browse through a wide variety of coverages and find the right one for you.

Learn More
RV and Boat Icon

Farm

We browse through a wide variety of coverages and find the right one for you.

Learn More
Annuities Icon

Life

We browse through a wide variety of coverages and find the right one for you.

Learn More
Annuities Icon

Long Term Care

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > How General Liability Insurance Can Benefit Your Business
WEDNESDAY, FEBRUARY 8, 2023

How General Liability Insurance Can Benefit Your Business

When you think of protecting your business, the first thing that comes to mind is probably the building, computer equipment and other physical assets that required a substantial investment. But liability risks are equally as important for you to consider. What is a liability risk? 


A liability is your business’ financial responsibility to another party. For instance, if a customer is injured in your store because a sticky puddle was left un-mopped, the business will likely be responsible for that person’s medical bills. And because we live in a highly litigious society, you also have to consider the chance of lawsuits being filed against your business. a close up of a sign


But with a business insurance policy that includes general liability coverage, you have protection against similar events. If a third party files a claim against your business, your insurance provider can step in to foot the bill (up to policy limits). 


Some common liability risks include the following: 


  • A customer or other third party being injured on premises 

  • Property damage experienced by a third party 

  • Any action that results in a loss to a third party 

General liability insurance does not cover employees or people otherwise tied to the business. It is solely designed to protect customers, visitors, mail carriers and other people that are not associated with the business, yet experience a loss because of the business. 



Because the costs related to a liability event can be unpredictable, you also have the option to add on umbrella coverage. This essentially adds on another layer of protection in the event that a claim surpasses policy limits. 

Posted 7:06 PM

Tags: general, liability, insurance, commercial, coverage
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020
  • 2018

  • insurance(38)
  • coverage(25)
  • policy(15)
  • business(9)
  • commercial(9)
  • homeowners(7)
  • auto(5)
  • liability(5)
  • life insurance(4)
  • bop(4)
  • car(4)
  • care(4)
  • health(4)
  • owners(4)
  • long(4)
  • term(4)
  • home(3)
  • whole(3)
  • retirement(3)
  • ranch(3)
  • livestock(3)
  • life(3)
  • equipment(3)
  • accident(3)
  • farm(3)
  • terms(3)
  • damage(3)
  • requirements(2)
  • builders(2)
  • cyber(2)
  • general(2)
  • flood(2)
  • flood insurance(2)
  • auto insurance(2)
  • risk(2)
  • classic(1)
  • secuity(1)
  • claims(1)
  • general liability(1)
  • liability coverage(1)
  • long term care insurance(1)
  • laibility(1)
  • car insurance(1)
  • bop insurance(1)
  • high(1)
  • vintage(1)
  • workers(1)
  • cyber liability insurance(1)
  • online(1)
  • farm insurance(1)

View Mobile Version

Contact Us Today!
(800) 797-2016

Social Social Social Social Social

Resources

  • Products
  • Pay My Bill
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

Loveland Location

420 W Loveland Ave.
Loveland, OH 45140

Chillicothe Location

106 S Walnut Street
Chillicothe, OH 45601

© Copyright. All rights reserved. | Powered by Insurance Website Builder