General Liability Insurance in Hampstead, NC
Having general liability insurance is a smart way to protect your business from unexpected incidents that could otherwise lead to costly setbacks. If a customer slips and falls at your shop or if a client’s property accidentally gets damaged, general liability insurance can help with the resulting costs. It also comes in handy if your business ever faces claims of slander or defamation. General liability insurance helps your business stay on track, no matter what surprises come your way.
What Is General Liability Insurance?
A general liability insurance policy is an agreement between you and your insurer. By paying your premiums, your insurance company commits to covering specified losses as outlined in your policy, up to the policy’s limits. This type of coverage is also known as commercial general liability insurance or business liability insurance.
What Does General Liability Insurance Cover?
A standard general liability insurance policy can assist in covering third-party injuries or property damage for which your business is liable. The following are some common coverages:
- Property damage liability helps pay for repairs or replacements if your business is responsible for damage to third-party property.
- Bodily injury liability may cover expenses from claims that your business is responsible for third-party bodily injuries.
- Medical payments coverage can pay medical bills if a third party needs medical attention due to an injury related to your business operations or premises.
- Personal and advertising injury liability coverage helps with legal fees from allegations that your business caused personal injury (e.g., slander and defamation), used stolen advertising ideas or published false or misleading statements.
Where to Buy General Liability Insurance
Darden Insurance Agency Inc. can ensure that your general liability policy is perfectly tailored to your needs. Contact us to receive a free general liability quote today.