General Liability insurance, also known as Commercial General Liability (CGL), is the foundation of business insurance protection. This essential coverage protects your business from claims by third parties alleging bodily injury, property damage, personal injury, or advertising injury arising from …
Frequently Asked Questions
What is general liability insurance and who needs it?
General liability insurance protects businesses from claims of bodily injury, property damage, and personal injury to third parties. Every business that interacts with customers, vendors, or the public needs this coverage. Most landlords and clients …
How much does general liability insurance cost for a small business?
Small business general liability insurance typically costs $400 to $1,500 per year for $1 million in coverage. Costs vary based on your industry, location, business size, claims history, and coverage limits required by your contracts.
What's the difference between general liability and a BOP?
A Business Owner's Policy (BOP) bundles general liability with commercial property insurance at a discounted rate. It's ideal for small to mid-sized businesses. General liability alone covers only third-party claims, not damage to your own property o…