What is Business Liability / Commercial General Liability Insurance?
Commercial General Liability Insurance Protects Your Business From Common Liabilities. Your business faces liabilities every day. The only way to protect your assets is to carry adequate business liability insurance. A Commercial General Liability (CGL) insurance policy is the first line of defense against many common claims. General Liability insurance covers claims of bodily injury or other physical injury or property damage. It is frequently offered in a package with Property insurance to protect your business against incidents that may occur on your premises or at other covered locations where you normally conduct business. Commercial General Liability enables your business to continue operations while it faces real or fraudulent claims of certain types of negligence or wrongdoing. Commercial General Liability – The Most Basic Form of Business Insurance If you have only one form of business insurance, it is most likely Commercial General Liability. CGL policies cover claims in four