No matter how well you run your business and how good the work that you do is, you need to have proper commercial insurance in place. This can help protect your business and your livelihood if something does ever go wrong. One type of commercial insurance that you need to invest in is general liability insurance. If someone else decides to sue your company, you'll be glad that you have this insurance protection. Keep reading to learn more about what general liability insurance covers.

What is General Liability Insurance?

General liability insurance protects your business against liability claims. Most common lawsuits are covered by this insurance. Without this type of insurance, a liability lawsuit can be devastating.

What Does General Liability Insurance Cover? 

You want to make sure that you understand how general liability insurance coverage works before you get a policy. This type of insurance protects against accusations of defamation, copyright infringement accusations, damage to customer property, and customer injuries. You can use your insurance benefits to help cover the costs associated with these incidents.

What Are Some Examples of Expenses That Are Covered?

• Medical expenses for injuries that occurred on or at your commercial property 
• Court and legal costs associated with a covered claim
• Repair or replacement costs for customer property damage caused by your business 

What Expenses Aren't Covered Under General Liability Insurance?

• Repairs for damage at your own place of business
• Medical expenses for employee personal injury incidents
• Car accident repair costs due to an accident caused by yourself or your employees

Commercial general liability insurance can help you get out of difficult situations without stressing about finances. Without insurance, court and legal costs, medical expenses, and repair and replacement cost can be very high—meaning that you have to pay those expenses out of pocket.

How Much Does General Liability Insurance Cost?

The cost of a general liability insurance policy varies. Many factors are considered to come up with your rate. For example, the size of your business, your location, how long you've been in business, your property condition, and your past claim history are all looked at when determining your insurance cost. Your best bet is to work with a commercial insurance agent directly to get a quote.

If you want to protect your business and don't want to be in a tough financial spot due to any of the above situations, reach out to a liability insurance company to get a quote for coverage.