Commercial General Liability Insurance Coverage

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Commercial General Liability Insurance Coverage

Overview

Business Owner’s Policy

A package policy to cover the business owner’s property (building and contents), business interruption and liability exposure.

Commercial Liability Umbrella

This type of policy increases the liability limit of the underlying GL and/or Commercial Vehicle policy.

Commercial Vehicle

Like personal auto insurance, this covers vehicles owned/used by the business and operated by its employees.

General Liability Insurance

This covers costs if somebody is injured at a business or from using its service or product. Commonly referred to as a GL policy.

Inland Marine

Business assets that are mobile, such as misc. tools and equipment are covered by this type of insurance.

Professional Liability Insurance

Also known as errors and omissions coverage, this protects professionals who provide a service or advice to their clients from bearing the full cost of defending against a negligence claim made by a client.

Property Insurance

Policies that cover damage or destruction of a company’s buildings, equipment, inventory, etc.

Surety Bonds

This is a promise to fulfill a contract in the event that the principal or purchaser of the bond is unable to do so. These are typically used in the construction industry or when businesses are trying to get licensed.

Workers’ Compensation

Workers’ comp pays employees who are injured on the job for lost wages and medical expenses.

IS IT RIGHT FOR ME?

What you Need to Know

If you are a business owner with either tangible or intangible assets, you may want to consider purchasing one of these types of affordable Commercial Insurance to protect you and your company. Contact your local agent today for a no-obligation quote.

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