Commercial General Liability Insurance
What is commercial General liability insurance?
Otherwise known as “CGL”. Commercial Liability will protect you from the common risks expected from the day to day business operations and, as a business owner, you will likely come into contact with multiple third-parties including: vendors, other businesses, and clientele. Protecting your business from third-party property damage or bodily injuries resulting from negligence is invaluable.
what does cgl insurance cover?
In the event a claim arise, Commercial General Liability Insurance generally covers you for legal costs and damages related to the following coverage areas:
Personal Injury Liability - Allegations or claims resulting from injuries and damage to other people or property.
Advertising Liability - Allegations of defamation, slander, false advertising, and/or libel.
Product Liability - Property damage or bodily injury prompted from a product you sell or provide.
Bodily Injury Liability - Damage and/or injury to a third-party or property resulting from business operations.
Tenants Legal Liability - Cost to repair an owners property that you occupy.