General liability insurance can cover third-party claims that may arise during normal operations. It may also help cover the potentially high costs of legal disputes and settlements, which could otherwise jeopardize a business’s stability.

What Does General Liability Insurance Cover?

General liability insurance may include coverage for the following:

• Third-party bodily injury because of your business activities

• Damage to third-party property caused by your business operations

• Costs related to personal and advertising injury, such as allegations of slander, libel or copyright infringement

How Much Is General Liability Insurance?

The cost of general liability insurance depends on several factors unique to your business. Your insurance provider will ask about your company’s size, location, and industry for an accurate estimate. The coverage limits and deductible you choose, as well as your claims history, will also be considered in determining how much your policy will cost.

How Can I Lower the Cost of My Policy?

Businesses may employ various practical ways to reduce the cost of their general liability insurance. Enhancing internal safety measures, such as employee training and proactive risk management, may qualify your company for discounts.

You may also explore adjusting your deductible, joining professional associations for potential discounts and bundling policies.

Get the Right Coverage

A thorough assessment with a knowledgeable insurance advisor can help you secure a policy tailored to your company’s needs. Contact Stastny Insurance Agency today to learn more and get a personalized quote.