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Is Your Business Properly Protected?

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Commercial Liability 101

Commercial liability insurance is meant to provide coverage for your business from various exposures that you face every day. The policy will provide coverage for the assets of your business, as well as any expenses that are the result of your property, employees, products, advertising, or operations.

There are many specific situations that your commercial liability insurance policy will cover, including:

  • Any costs that are associated with a lawsuit that your business faces, including court awarded settlements. This can include the attorney and investigation fees that your company incurs.
  • Property damage or injury claims that your business can incur after an accident on your property or from your operations or products.
  • Any issues that your business incurs due to your advertising practices, including libel, slander, and copyright infringement.

All businesses, no matter the size or industry can face liability issues. Depending on your specific business, you may need to invest in much more than just a general commercial liability insurance policy.

When looking for the right amount of coverage, there are many factors that need to be considered. If you work in a high-risk industry, you should invest in more coverage than a company that has a relatively low risk. Working with your insurance agent can help to make sure that you choose the right amount of coverage that will work best to keep your company safe from any unfortunate situation that you may face.

For all of your commercial insurance needs and to keep your business properly protected, contact the insurance professionals at Humble & Davenport Insurance in Renton, Washington. As an independent insurance agency, we will work closely with you to make sure that you have the coverage that you deserve, all at the right price to fit your company budget.