No matter how hard you may try to prevent them, accidents happen, even in businesses. While most accidents can quickly be taken care of, some accidents may take a lot more time and money to resolve. Often times, small businesses may not always have the finances to bounce back from a lawsuit of millions of dollars.  

General liability insurance is designed to cover accidents that occur on company property. It can help a business carry the burden of a lawsuit and other expenses related to an accident.  

Lalani Insurance Agency LLC works with business owners across multiple industries to find and adjust general liability policies for their business. Protect your business today by calling 832-810-0210 or by filling out an online form for a free quote today.  

Common General Liability Insurance Questions:  

Do I Need General Liability Insurance?  
Everyone needs general liability insurance, including businesses. Accidents can happen anywhere at any time, often in the most unanticipated ways. A surprise lawsuit can destroy a business that isn’t prepared. General liability insurance helps soften the burden that comes with accidents like these.  

How is General Liability Insurance Defined?  
General liability insurance is a type of insurance that covers lawsuits and accidents related to non-professional negligent acts.  

What Does General Liability Insurance Cover?  
General liability insurance covers three distinct areas:  

• Bodily Injury: This covers medical expenses as well as legal fees related to a third-party injury on the property.

• Property Damage: This covers incidents of property damage that occurs out of everyday business activity.

• Personal/Advertising Injury: This coverage covers personal and advertising injury such as libel, slander, copyright infringement and invasion of privacy.

How Much General Liability Insurance Do I Need?  
Most general liability policies usually at $1 million, but your business may require higher limits, depending on the likelihood of lawsuits, size of the business and nature of possible lawsuits.  

How Does General Liability Insurance Work?  
General liability insurance protects both the business and victims in the event of an incident that results in bodily injury, property damage, and personal or advertising injury. The policyholder pays monthly or yearly premiums for coverage. Once a claim is filed and approved, then the policyholder will get financial assistance in paying for certain expenses related to the incident.  

How Much Does General Liability Insurance Cost For A Business?  
General liability insurance prices may vary based on location, the size of the business, the claims history and industry, the deductible and applicable coverage limits. For a $1 million policy, businesses could possibly pay between $300 and $1,000 a year for general liability insurance.  

Who Does General Liability Insurance Cover?  
General liability insurance covers the business and its employees, as well as any victim of a general liability accident.