General Liability Insurance
General Liability (GL) Insurance is designed to protect businesses from common risks, including bodily injury, property damage, and other liabilities that arise from the day-to-day operations of the business.
- Bodily Injury: Covers claims for physical injury to a person caused by your business operations, products, or services.
- Property Damage: Covers damage to a third party’s property caused by your business activities.
- Personal and Advertising Injury: Covers claims for things like libel, slander, or copyright infringement that occur through your advertising or business operations.
- Medical Payments: Pays for immediate medical expenses for injuries that occur on your business premises, regardless of fault.
Property Insurance
Property Insurance protects the physical assets of a business, such as buildings, equipment, inventory, and more.
- Damage to Business Property: Covers physical damage to your business’s building, equipment, furniture, or inventory due to perils like fire, theft, vandalism, or storms.
- Business Interruption: Provides compensation for lost income if your business is forced to close temporarily due to covered damage or loss.
- Theft & Vandalism: Covers damage or loss of property due to theft or vandalism.
Business Owners Policy (BOP)
A Business Owners Policy (BOP) combines several types of coverage into a single policy, typically including both General Liability and Property Insurance, along with other optional coverages like Umbrella Coverage. It’s a cost-effective option for small to mid-sized businesses.