Home / General Articles / General Business Liability 101

General Business Liability 101

Owning a small business comes with a lot of responsibilities to both your employees and to the business as a whole. One of the best ways to ensure that your business is covered in any situation, it is important to make sure that you invest in a general liability insurance policy.

A general liability insurance policy, sometimes called a commercial general liability policy, protects the assets of your business and will cover any of the costs that are incurred during an unfortunate situation. The policy will provide payments for many different situations, including paying for medical costs if a person is injured on your property. It will also help to pay for the legal defense that is needed in case your business is sued for a variety of reasons. General liability insurance will also help to cover the cost of damage to the property you rent to run your business, such as damage due to a fire or any other named event. The policy will also provide coverage from any claims stemming from slander, libel, and copyright infringement.

General liability is available as its own policy, but it can also be part of a business owner’s policy. No matter how you choose to invest in the policy, make sure that you have the right amount of coverage for your business. The amount of coverage that you need depends on the type of business that you own, as well as the perceived risk of the business and the location of your business. Make sure to talk to your insurance agent to ensure that you have the right amount of coverage for your situation.

Contact the insurance professionals at Humble & Davenport Insurance in Renton, Washington for all of your business owners insurance needs throughout Washington. We can provide you with the most comprehensive coverage to ensure that your business is protected in any situation.