What Does Commercial General Liability Insurance Cover?
General Liability Insurance is designed to cover costs related to legal claims brought against businesses by a third party. If a business can’t afford to pay an uncovered claim, a business’s assets could be seized in order to meet the cost of a claim. Coverage typically includes attorney fees, court costs, and settlements and judgements that the business may be liable to pay.
General Liability Insurance typically covers claims-associated costs related to the following:
- Bodily injury: Coverage if a third party was injured on your business’s premises
- Property damage: Coverage against damage caused by your business to a third-party’s property
- Advertising: If your business is accused of slander, libel, copyright infringement, or other violations in its advertising