Commercial General Liability

What Determines The Cost?

• Exposure - Determined by the size of your business and the industry you operate in. The larger your premises, the higher the risk for accidents and injury. A small design studio will significantly less exposure risk than a large manufacturing facility

• Location - Businesses in areas with high crime rates may pay more for coverage than a company located in an area with less crime. High-traffic areas can also lead to higher premiums. More customers in and out of your business means more chances for injuries.

• Experience - Years of relevant business experience count. Your business’ longevity and financial stability can lower your premiums.

• Number of Employees - The more employees you keep on staff, the higher the risk for accidents involving bodily injury or property damage. All full-time, part-time and sub contracted employees will be factored into assessing your companies risk.

What Gets Covered?

• Premises & Operations Liability - Provides coverage for bodily injury and property damage sustained by others on your premises or in conjunction with your business operations.

• Products Liability - Provides coverage for bodily injury and property damage sustained by others as a result of your products.

• Personal & Advertising Injury - Protects against offenses made by you or your staff during the course of business, such as libel, slander, disparagement or copyright infringement in advertisements.

• Medical Expenses - Provides coverage for medical expenses if someone is injured on your premises or by your products.

• Defense Costs - Provides coverage for legal expenses for liability claims brought against your business, regardless of who is at fault.