Who Needs General Liability Insurance?
If sensational headlines about businesses being ordered to pay huge sums in customer injury lawsuits have left you wondering how you’d get through a similar situation, general liability insurance could be the answer.
Even with the best safety measures, accidents cannot be avoided entirely. Therefore, most small businesses need this type of policy, particularly those that rent or own offices or commercial space. In fact, many client contracts will require a business to have general liability insurance.
If you work directly with customers and clients, you need a general liability policy to protect your finances in the event of a lawsuit. It’s one of the first types of insurance most new businesses obtain.
What Does It Cover?
Our general liability insurance policies provide protection from the types of accidents that can happen in nearly every business. Here is a closer look at some of the categories we cover.
Accidents That Result In Physical Harm
If your business is sued over an injury that occurs to someone who is not an employee, it can provide coverage for the injured person’s medical expenses, loss of income and pain and suffering if your business is found to be responsible.
Damage To Another Person’s Property
General liability insurance covers damage that your business causes to another person’s property, whether it is minor or major, up to the policy’s limit.
Libel, Slander And Copyright Infringement
If you are accused of copyright or advertising infringement, defamation of character or invasion of someone else’s privacy, your legal expenses will likely be covered.
Why You Need General Liability Insurance
Here are some of the top reasons to consider general liability insurance from Burton & Company.
It Can Help You Get More Jobs
Having general liability insurance in place shows others that your business is trustworthy. Showing clients that you can take responsibility for mistakes can give you a competitive advantage.
It Can Help You Get A Commercial Lease
In many cases, general liability insurance is a requirement for leasing commercial space to demonstrate that you have financial protection in case of property damage or injuries that occur related to your business in the space you are leasing.
It Can Help You Get A Business Permit
In some areas, having active general liability insurance and the accompanying certificate of insurance are requirements for obtaining a business permit. You may also need to keep this type of insurance active to gain certification or accreditation from a professional organization.
It Allows You To Concentrate On Growing Your Business
The peace of mind that comes from having a general liability insurance policy means you’ll have one less thing to worry about, allowing you to focus more of your mental energy on helping your business grow.
Get In Touch With Burton & Company
The protection your business gets from a general liability insurance policy means you can help people who are unintentionally harmed by your business without taking a big financial hit. Reach out to Burton & Company today to find out how our policies can take some of the stress out of running a business. To get started with general liability insurance, call us at (888) 652-1325 or request a quote online today.