Top Risks Covered by General Liability Insurance

For Texas business owners, managing liability risks is as important as driving sales or serving customers. Claims can arise quickly and put pressure on your finances. General liability insurance can provide coverage to help manage resulting consequences and keep your operations running.

What Does General Liability Insurance Cover?

Here are some of the top risks this coverage can address:

Bodily Injury Claims      

If a customer, vendor or other third party is injured on your premises or as a result of your business activities, general liability insurance can aid with medical expenses, legal fees and potential settlements. For example, if a client slips and falls in your office, this policy may help with the resulting costs.

Property Damage 

Accidents can cause damage to others’ property. For example, if your business breaks client equipment or damages a home, general liability insurance may compensate for repair or replacement costs.

Personal and Advertising Injury 

General liability insurance may help cover your business against claims related to libel, slander, copyright infringement or false advertising. Coverage may include legal defense and settlements.

Products and Completed Operations 

If your business produces or installs products, issues may arise after their sale or completion. General liability insurance can help with related injury or damage claims.

Why Should Businesses Get This Policy?

General liability insurance isn’t legally required for most businesses, but many clients and landlords may ask for proof of coverage before agreeing to work with you.

We’re Here to Help

Contact Esquivel Insurance Agency today to review your current policy and request a free custom quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.