General Liability Insurance is designed to cover Bodily Injury or Property Damage to other persons or Businesses as a result of your Operations. This type of policy will typically pay for both damages to the claimant and the cost to hire an attorney for you.
Coverage is normally triggered either from an injury resulting on one’s premises or as a result of your Business operations or Products where a loss occurs.
General Liability is normally written on an occurrence basis, meaning once your policy expires coverage ends unless the policy or another policy is activated or the action that resulted in the claim happened while the policy was in force.
Typical Liability Limits can run from $100,000 to $2 Million per occurrence.
General Liability does not warrant your work, but rather ensuing property damage or injury as a result of your work. For coverage pertaining to your work, you may also want to add on a Professional Liability Policy, to supplant the gap in coverage.
It can also be purchased as part of a package of coverages under a Business Owner’s Policy or a Commercial Package Policy.