General Liability Insurance in Summerville, SC
General liability insurance is an essential policy for many businesses. It may help cover losses resulting from third-party claims of bodily injury, property damage and personal or advertising injury.
Does My Business Need General Liability Insurance?
Whether you have a small side hustle or a growing company, general liability insurance is something you should seriously consider. Let’s say a client trips over equipment in your workspace or your team accidentally spills coffee on a guest’s laptop during a meeting—those mishaps can lead to costly claims. Without a suitable policy, you may have to pay out of pocket for those expenses, putting a financial burden on your business.
What Does My Policy Cover?
General liability insurance policies may help with the following:
- Bodily injury liability coverage may cover third-party physical harm resulting from your business activities.
- Property damage liability coverage may compensate for damage to a third party’s property caused by your business.
- Personal and advertising injury coverage may cover legal expenses following third-party claims of defamation, copyright infringement or misleading advertisements.
Similar to other types of insurance, general liability policies have limits. They usually exclude coverage for employee injuries, breach of contract, professional mistakes, damage to your own property and cyberattacks or data breaches.
How Much Does a Policy Cost?
Rates vary because each business is unique. Insurance providers typically consider the following when calculating premiums:
- Location
- Revenue
- Industry
- Workforce size
- Claims history
- Coverage limits
- Deductibles
Secure a Policy Today
Business owners in Summerville, SC trust B&A Insurance, LLC for reliable general liability coverage. Contact us today to learn more.