General Liability Insurance
General Liability Insurance Information
General liability insurance can help protect a business against third-party liability claims for injuries and property damage after an accident. This insurance coverage can help provide crucial financial protection for your company.
Contact Iglesias Insurance today to learn more about general liability insurance and get a quote. We proudly serve the McAllen, Rio Grande City, Mission, Edinburg and Alice, Texas, areas.
What Does General Liability Insurance Cover?
General liability insurance coverage may help protect your company in three ways:
- Bodily injury liability insurance helps pay expenses related to a third-party injury liability claim after an accident on your company property.
- Property damage insurance helps pay replacement or repair costs if you or one of your employees accidentally causes damage to someone else’s property in the course of everyday business activities.
- Personal/advertising injury insurance coverage helps pay costs related to personal injury accusations, advertising injuries, slander, libel, invasion of privacy and copyright infringement.
How Much General Liability Insurance Does My Company Need?
General liability insurance has specific policy limits. Your agent can help you decide how much liability insurance coverage your company needs. They can help you assess your potential needs and tailor your insurance coverage appropriately.
Depending on your industry and exposure to risk, your agent may recommend that you purchase an umbrella liability insurance policy. Umbrella insurance kicks in if a liability claim exceeds the limits of your general liability insurance.
How Does General Liability Insurance Work?
General liability insurance is much like other commercial insurance policies. You make regular premium payments to your insurance company. If there’s an accident or incident followed by a liability claim, the insurance company pays for damages according to the policy contract.
How Much Does Business General Liability Insurance Cost?
Insurance companies determine premiums for commercial policies on a case-by-case basis. Your general liability insurance policy costs may depend on several factors, including:
- The size of your company
- Your company’s location
- Your claims history
- Your business type
Your agent can help you get the insurance policy your company needs from a trustworthy insurer at a great rate.
Who Needs General Liability Insurance?
Every business can benefit from having general liability insurance to help manage the costs of potential legal liability after an incident or accident. Without this crucial coverage, liability claims can cause devastating financial harm.
Your agent can help you understand which insurance policies your company needs.
Get General Liability Insurance for Your Business Today
The agents at Iglesias Insurance are ready to help you understand your general liability insurance options and tailor your commercial insurance. Contact us today and get the coverage your organization needs most.