2. The Benefits of General Liability Insurance
As a business owner, you're always looking for ways to protect your company and
your employees. You may have thought about purchasing commercial general
liability insurance, but you're not sure if it's right for your business. Here
are two benefits of general liability insurance that you should consider:
1. It protects your business from third-party claims.
If a third party (such as a customer or vendor) is injured at your business or
if their property is damaged, they may file a lawsuit against your company. If
you're found liable, commercial general liability insurance can help cover the
costs of the lawsuit, including legal fees, settlements, and judgments.
2. It can help you attract and retain customers.
Many customers will only do business with companies that have commercial
general liability insurance. They know that if something goes wrong, they're
protected. Having general liability insurance shows that you're a responsible
business owner and that you're committed to protecting your customers.
If you're still on the fence about whether or not to purchase commercial
general liability insurance, talk to your insurance agent. They can help you
assess your risks and determine if this type of coverage is right for your
business.