General Liability Insurance in Waco, TX
Commercial general liability insurance can cover your business and clients by providing financial assistance when the unexpected happens. Our team can help you secure the insurance your business needs. Contact us today to get started.
What Is General Liability Insurance?
Understanding what general liability insurance covers will help you appreciate its relevance to your business. General liability insurance typically includes coverage for the following:
- Bodily injury—If a visitor or client is injured on your business property, general liability insurance can help cover the medical costs and legal fees.
- Property damage—This insurance can help cover repair or replacement costs if your company is responsible for accidentally damaging third-party property.
- Personal and advertising injury—This can help protect against claims of libel, slander and copyright infringement related to your advertising.
Legal battles and settlement fees can be ruinous for small to medium-sized businesses. General liability insurance can help shield your company from these devastating costs. With a robust insurance policy, you can concentrate on what you do best—running your business—instead of worrying about potential liabilities.
Commercial General Liability Coverages
Commercial general liability insurance typically provides coverage for:
- Third-party property damage. Commercial general liability insurance may provide repair or replacement costs if your business is responsible for damaging others’ property.
- Third-party bodily injury. Commercial general liability coverage may pay for medical expenses if your business is responsible for a third-party bodily injury (e.g., an injury occurring at your business).
- Personal and advertising injury. Commercial general liability insurance may provide coverage if your business is sued for a personal or advertising injury (e.g., slander, libel or copyright infringement).
In addition to providing compensation for damages, commercial general liability insurance may pay associated legal fees (e.g., attorney fees, settlements and judgments). Speak with your agent for more information on coverages, limits and exclusions.
Why Commercial General Liability Insurance Is Important
Although commercial general liability insurance typically isn’t required by law, some business licenses may require coverage. Or a landlord may require proof of insurance before offering a lease.
Commercial general liability coverage may also help you avoid paying for unexpected losses out of pocket. Reach out to your agent for additional information on how commercial general liability insurance may mitigate your business’s risks. We can help you secure the coverage that is right for you.
How to Get Commercial General Liability Insurance
Our team can help you obtain your commercial general liability insurance policy. Contact us today for additional information or a quote.