General Liability Insurance
Understanding General Liability Insurance
General Liability Insurance is offered to business owners to cover various assertions or potential hazards, which may occur on a moment’s notice. It has been said that this is the most commonly purchased coverage by business owners and one of the most crucial policies to purchase. As the name implies, the policy can cover a very broad variety of liabilities. This may cover day-to-day operations, damages or accidents which may arise in the property.
General Liability Insurance that may be covered include:
- Coverage of liability for contracts
- Damage caused from products or services
- Protection from accidents
- Costs/fees in lawsuits
- Bodily injury and personal inflicted to associates, patrons, etc.
- Damages of property caused to associates, patrons, etc.
Who Requires General Liability Insurance?
Typically, general contractors, entrepreneurs, managers and business owners purchase a General Liability Insurance policy for their businesses. Purchasing this policy is one of the most important steps to take when venturing into a new business and by far, the wisest investment one can make for the company.
How Insurance Brokers of Maryland can help
Never allow your business to face possible future financial harm caused by unforeseen events. Insurance Brokers of Maryland understands how you work hard for the success of your business, and we want to protect your unmatched hard work and investments through a policy. To inquire about a general liability insurance policy that is within your budget, speak with our representatives today. We will find the right policy that suits your needs and budget in mind.