Commercial General Liability Insurance, a form of Business Insurance, can be purchased by itself or combined with Business Property Insurance in a Business Owners Policy. General Liability Insurance can also be considered as Business Liability Insurance. For the most part, this is true. There are business liability issues however that typically are not covered by a Commercial General Liability policy and require coverage by other policies such as Directors and Officers Insurance, Professional Liability or E&O Insurance, Employer Practices Liability Insurance also known as EPLI, Pollution Insurance, Liquor Liability Insurance and others.
Under a Business General Liability insurance policy, the insurance companies are obligated to pay the legal costs of a business in a covered liability claim or lawsuit. Covered claims may include bodily injury, property damage, personal injury, and advertising injury (slander or false advertising). In most cases, punitive damages aren’t covered under general liability insurance policies because they’re considered to be caused by intentional acts. Business Liability Insurance is also generally broken down into two areas, premises liability insurance and products liability insurance which may also include completed operations.
For business that are considered to be higher risk or that have a component that is higher risk, general liability insurance may be purchased from a high risk insurance company. In such cases it is advised that exclusions be reviewed as the policy may not cover personal injury, assault and battery, products and completed operations or have very specific exclusions.
We quote Commercial Liability Insurance from small business insurance needs to large corporations and those that are easy to place and those that are more difficult. With access to many different commercial insurance companies, we can usually find Cheap Business Insurance without compromising coverage.