General Liability Insurance

A company might face a financial disaster if an accident, injury or property damage affects its business. It’s essential to add general liability insurance to your risk management portfolio to protect your business from the various risks. General liability insurance, or commercial general liability insurance (CGL), can protect your business’s operations and employees financially. 

How Can I Financially Protect My Business? 

CGL can protect your business from financial loss if you’re liable for property damage, bodily injury, or personal and advertising injury caused by your services, business operations, or employees. CGL may also provide financial protection for legal expenses that arise from liability lawsuits.  

A CGL policy may protect you and your business from a variety of liabilities, including these coverages:  

• Third-party bodily injury—If a visitor slips and falls on a wet floor at your business, you may face severe financial damages. CGL provides coverage for physical injuries suffered by third parties on your premises from your business’s operations.

• Third-party property damage—If you’re found liable for damage to someone else’s property, a CGL policy may cover damage to tangible property and coverage for its loss of use.

• Personal and advertising injury liability—A CGL policy may cover offenses made by your employees, such as copyright infringement, slander, libel or malicious prosecution.

When Is General Liability Insurance Required? 

A general liability policy is essential for all Georgia businesses. A GL policy can cover common third-party risks, including customer injuries, and though it’s not required by law, many commercial leases require this type of coverage. Corita Insurance can help determine if the state requires your business to have this insurance. 

How Much Coverage Does My Business Need? 

Your business’s coverage limits may be different from other companies’ limits. Your coverage limits depend on your business, industry, location, and operational risk. The right insurance coverage is essential since you’re responsible for any remaining costs once you’ve reached your policy’s coverage limit. 

Protect Your Business’s Operations 

General liability insurance helps safeguard your assets; it also gives you peace of mind knowing your business has the protection it needs if something unfortunate happens. Call Corita Insurance today at 678-615-3387 to get started on your general liability insurance policy.