What is Florida General Liability Insurance?
Florida general liability insurance is designed to protect policy holders from claims resulting from their business operations that result in damage to a third party. Under a Florida general liability insurance policy, the insurer is obligated to pay the legal costs of a business in a covered claim or lawsuit. Covered claims can include bodily injury, property damage, personal injury, and advertising injury (damage from slander or false advertising). The insurance company also covers compensatory and general damages. Punitive damages aren’t covered under Florida general liability insurance guidelines because they’re considered to be punishment for intentional acts. In short, Florida general liability insurance protects the assets of a business when it is sued for something it did (or didn’t do) to cause an injury or property damage. In today’s litigious society, even small mishaps can result in large lawsuits. That’s why Florida general liability insuranceis essential for most companie
