General casualty insurance, commonly known as Commercial General Liability (CGL), is fundamental coverage that protects businesses from liability claims arisin…
General casualty insurance, commonly known as Commercial General Liability (CGL), is fundamental coverage that protects businesses from liability claims arising from bodily injury, property damage, and personal injury to third parties during normal business operations.
General liability insurance protects your business from claims of bodily injury, property damage, and personal injury caused to third parties. Most landlords, clients, and contracts require it, and it covers legal defense costs if you're sued.
Most small businesses need at least $1 million per occurrence and $2 million aggregate coverage. However, requirements vary based on your industry, contracts, and risk exposure. Some industries require higher limits.
No, general liability only covers third-party injuries (customers, visitors, vendors). Employee injuries are covered by workers' compensation insurance, which is a separate required coverage in most states.