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