General Liability

General liability, also known as “commercial liability insurance” is a broad commercial insurance policy that covers the general liability exposures of a business. Towne Insurance recommends that all businesses have general liability coverage in place.

General liability insures what you are legally liable. Examples of what is typically covered are: 

  • Your client slips and falls in your office (or you cause an accident at a client’s premises)
  • Your employee creates a hazard and a visitor gets injured
  • You sign a business contract or agreement
  • Your products manufactured, sold, or distributed cause injury (In some cases, coverage may be available when you need to recall your products)
  • Your Completed Operations such as projects or work completed
  • Personal injury claims such as libel or slander
  • Advertising injury such as unintentional copyright infringement
  • Medical payments on the premises or at jobsites, without regard to fault

General Liability insurance premiums are based on a number of factors including: 

  • Territory
  • Type of business
  • Type of products manufactured or operations performed
  • Square footage
    • or Payroll
    • or Gross sales depending on the general liability classification codes used
  • Loss history
  • Business experience
Each of these coverages is subject to certain definitions, exclusions, and limitations.