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What Exactly Does General Liability Covers In A Commercial Insurance?

Commercial General Liability Insurance Cost

Commercial general liability insurance is among the first business insurance policies you should buy. Irrespective of the kind of business you run, it’s important to protect your business against legal liabilities.

But before you rush to buy it, you must do proper research about it so as to make an informed decision. After all, when buying a commercial general liability insurance policy, there are a host of factors that must be considered, including and most importantly its coverage.

What exactly does general liability covers in a commercial insurance? 

Does it map to your unique needs and requirements?

Would you need to add any extensions?

What would be its premium? 

These are key questions that must be addressed from the go. 

What it covers? 

Coming to its coverage, commercial general liability insurance provides protection against legal liabilities due to bodily injury or damage to property that happened as a result of the business operations. 

So, if someone sues your business, the said policy will cover your lawyers’ fees, court expenses, and other legal costs. If you’re found liable by the court, it will cover the settlement amount. 

In addition, the insurance will pay for the immediate medical expenses of the injured third-party in question. It will take care of the damage they or their property sustained due to your product or business operations.

What it doesn’t cover? 

At the same time, it’s also important to know what commercial general liability insurance won’t cover. There are a few things that are excluded, like deliberate act or non-compliance with statutory provisions, product guarantee, liability for fines or penalties, copyright infringement, and more.

Consult an insurance broker

The list of what commercial general liability insurance covers and what it doesn’t cover is long. If you’re really looking to buy this policy, get in touch with an insurance broker first and talk to them. Learn about the policy’s coverage and exclusions from licensed experts. If you have any questions, ask them. Once you have answers to all the what’s, how’s and why’s, you can move forward to buy the policy. 

The same insurance brokers will also assist you to find the right commercial general liability insurance plan from a top insurer; based on your unique needs and requirements, they can customize your plan so to ensure optimum coverage. 

So, take your time to find a trusted and licensed insurance broker who has extensive experience of assisting business owners to buy commercial general liability insurance. 


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Location: New Delhi, Delhi, India

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