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GEICO | Get A General Liability Insurance Quote

General liability insurance protects your company when you cause injury to others or damage to others' property. Get a quote to protect your business.

Liability Insurance | General Liability Insurance & Business ...

Get small business liability insurance from Nationwide and protect your business when you need it most. Whether you need business, professional or general ...

General Liability Insurance - Progressive

Find out how general liability insurance can protect your small business from things like accidents and other mishaps.

Business Liability Insurance | Farmers Insurance

Business liability insurance and employment practices liability insurance for corporate and small businesses.

Professional Liability Insurance – State Farm® - State Farm Insurance

Protect Your Business Against Liability Damages with Professional Liability ... It is specifically designed to help protect the insured and their business in the ...

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General Liability Insurance for Small Business | Hiscox

Hiscox general liability insurance protects your business from third party claims of injury or property damage with rates as low as $30/mo. Get a free quote.

General Liability Insurance | Liberty Mutual Group

Whether you own a sole proprietorship or run a multinational business in any of the 150 countries in which we offer coverage, Liberty Mutual Insurance has the ...

Business General Liability Insurance Coverage – The Hartford

That's why every business needs the type of coverage that The Hartford's commercial general liability insurance offers. It provides your business with the ...

General Business Liability Insurance – How it Works and What ...

Jan 11, 2012 ... If you've heard it once, you've heard it a thousand times: if you're starting a business you're going to need general liability insurance. But what ...

Types of Business Insurance | The U.S. Small Business ... -

Business owners purchase general liability insurance to cover legal hassles due to accident, injuries and claims of negligence. These policies protect against ...

Business Liability Insurance - Small Business ... - Wells Fargo

Wells Fargo Small Business provides business liability insurance covering your business in of third party liability claims.

Business Liability Insurance, Learn State Minimums | Trusted Choice

How do you begin to assess your needs and find the right business liability insurance for your enterprise? One of the best ways to find the right liability coverage ...

A Guide to Business Liability Insurance

One major consideration for any business owner is to purchase an insurance policy, in order to protect the company and its employees. However, there is a variety of business insurance available, ranging from property insurance, workers compensation, and health insurance. Choosing the right type of insurance while handling everyday business operations can be a daunting task.

Nevertheless, insurance is an important decision for any business owner. One of the most important types of insurance is business liability insurance, which protects the company against any negligence claims. When the company is sued by an angry client, business liability insurance can play a major role in reducing the damages caused by the resulting lawsuit. In short, business liability insurance protects the business against the chance that a lawsuit is filed, as a result of the company’s mistakes.  

Types of Business Liability Insurance

Business liability insurance is a broad category that covers three different types, which include the following:

General Liability Insurance:
General liability insurance is a broad type of insurance that is designed to protect the business from a variety of claims. These claims can range from property damages, negligence, and injury that result from interaction from the company’s service.

Professional Liability Insurance:
For businesses and companies that offer a service, they may prefer obtaining professional liability insurance. This particular insurance, also known as errors and omission insurance, covers the business against malpractice and negligence. There are a wide variety of professions that would benefit from this insurance, such as doctors, lawyers, consultants, and real estate agents.

Product Liability Insurance:
In the case that the company offers a product or particular item for sale, they may want to consider investing in product liability insurance. This type of insurance protects against the instance that a customer is damaged or injured while using the product. The costs of product liability insurance will depend greatly on the industry and type of product, and the projected costs of damaged caused while using the product.

What to Know About Business Liability Insurance

Business owners have the option of choosing between two types of liability insurance policies. The first, known as “claims made”, allows the insurer to cover the costs of the claim, while the business is covered under their policy. Generally, these policies are defined by a time period, under which the provider and the business have an agreement. The second type, known as “occurrence”, requires that the insurance provider handles the claim at the time of the occurrence. This type of policy is best for businesses that anticipate an upcoming claim against their company.

In addition, companies would do well to understand what is and is not covered by their business liability insurance. In general, liability insurance policies will not cover the business in the chance of injury to a worker, or cases of pollution. During the negotiations process with an insurance provider, it is critical that the company understand what is within the limits of their policy.

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