The News GodThe News GodThe News God
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
      • Biography
      • Net Worth
      • Famous Birthdays
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Reading: What is Commercial General Liability Insurance Coverage (And Is It Enough?)
Share
Font ResizerAa
The News GodThe News God
Font ResizerAa
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
Search
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Follow US
  • About Us
  • Authors
  • Advertise
  • Contact Us
  • Disclaimer
  • My Bookmarks
  • Terms of Use & Privacy Policy
  • Media Partners
The News God > Blog > Business & Finance > What is Commercial General Liability Insurance Coverage (And Is It Enough?)
Business & Finance

What is Commercial General Liability Insurance Coverage (And Is It Enough?)

Rose Tillerson Bankson
Last updated: April 29, 2021 10:12 pm
Rose Tillerson Bankson - Editor
April 29, 2021
Share
4 Min Read
Folder in Colored Catalog Marked as Business Insurance Closeup View. Selective Focus. 3d Render.
SHARE

Did you know there is a 40% chance a small business will file a claim with their insurance? This means that having the right coverage is bound to pay off.

Contents
What Is Commercial General Liability Insurance Coverage?What It Doesn’t CoverAuto AccidentsEmployee Illness and InjuryProperty DamageClaims Costing More Than Your LimitProtecting Your Business With the Right Insurance

Without proper commercial general liability insurance coverage, your company may be spending thousands on legal and court fees. Not sure if your business needs liability insurance or if it is enough? Read on for guidance.

What Is Commercial General Liability Insurance Coverage?

Commercial general liability insurance coverage, also known as business liability insurance, covers a variety of things. Businesses will need this but may also opt for additional coverage for other important costs.

Without general liability insurance, you could be looking at expensive legal defense fees and court costs. You can find the right general liability plan from captive insurance to avoid these costs.

Related Posts

What to Consider When Designing a Custom Wedding Ring
10 Common Divorce Filing Mistakes and How to Avoid Them
Online Jobs for High School Students
Three Tips for Buying or Renting RV Trailers
Tips For Effective Fleet Repair Management

Liability insurance for businesses can cover property damage claims that are against your business. It can also cover medical expenses for a customer who gets injured at your company.

This insurance also covers:

  • Advertising injury claims
  • Administrative costs
  • Court costs
  • Judgments and settlements for certain claims

With this policy, you’ll have coverage limits that you can use to cover your claims. This is why many businesses opt for additional coverage.

What It Doesn’t Cover

For claims other than the ones listed above, you’ll need different types of liability coverage. You can also create a custom insurance plan to protect your business further.

This is what your commercial general liability insurance won’t cover and what you’ll need additional specialty insurance for:

Auto Accidents

While driving to or for work, your employees won’t be covered by liability insurance if they are the cause of an accident. For these claims, you’ll need a commercial auto insurance policy or hired and non-owned auto coverage.

Employee Illness and Injury

If an employee falls ill or becomes injured while at work, a general insurance plan won’t cover it. Instead, you’ll need workers’ compensation insurance to benefit your employees during the recovery process.

Workers’ compensation insurance can cover ongoing care expenses and medical bills. Most states will require you to have this business insurance even if you only have one employee.

Property Damage

If you want to protect your building from property damage, you’ll need commercial property insurance. Although not a requirement, it can save you tons of money if property damage was to occur.

Claims Costing More Than Your Limit

As mentioned, you will have a cap for general liability insurance. If you run into a claim that costs more than this limit, you’ll need commercial umbrella insurance. This extends your liability insurance when you come across pricey claims.

Protecting Your Business With the Right Insurance

Most insurance companies offer commercial general liability insurance coverage, but not every plan will be right for your business.

Doing proactive research on the different plans offered may be time-consuming, but it will be worth it in the long run. With general liability insurance, certain claims are covered under a policy limit.

After reading this article, you may find that you need more than general liability coverage. It is normal to have general insurance along with additional coverages. Keep your business safe by covering all of its needs.

For more articles on business financing, check out our other blog posts.

How Cloud-Based Fleet Management Is Facilitating Vehicle Rental Businesses
Multinational providers set to provide crypto cards in over 40 countries.
Guide on How to Print a T-Shirt
How Cloud Solutions Can Enhance Your Brand’s Customer Service
Fast-Track Your Home Sale in Raleigh – 4 Simple Steps
Share This Article
Facebook Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article AfrikRising Founder and CEO Christine Reidhead Building a school in Ghana, Africa AfrikRising International’s Project in Ghana Becomes a Reality
Next Article American people are racist - Joe Biden American people are not racist – Joe Biden
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Publications

Nigerian university 'no bra, no exam' rule for female students sparks outrage
A top African university’s ‘no bra, no exam’ rule for female students sparks outrage
Education
June 20, 2025
12 Killed in Eastern Congo As Coltan Mine Collapse
12 Killed in Eastern Congo As Coltan Mine Collapse, Sources say
News
June 20, 2025
One killed, Dozen injured in overnight Russian attack on Ukraine's Odesa
One killed, Dozen injured in overnight Russian attack on Ukraine’s Odesa
Wars & Conflicts
June 20, 2025
Woman married for 12 yrs files for divorce after ChatGPT claim husband was cheating
Woman married for 12 years files for divorce after ChatGPT claim husband was cheating
News
June 12, 2025
Are there any Irish jackpot slots? 
How to Maximize Your Winning With E-Wallet Slot Game
Sports
August 12, 2023

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe

You Might also Like

The leather case for iPad Pro 12.9 by Noreve: elegant and protective!
Business & Finance

The leather case for iPad Pro 12.9 by Noreve: elegant and protective!

March 18, 2021
How to Buy Bitcoin With Mobile Money in Ghana
Business & Finance

HOW TO BUY BITCOIN IN GHANA WITH MOBILE MONEY

October 31, 2020
Business & Finance

6 Common Wealth Management Mistakes and How to Avoid Them

March 11, 2022
Business & Finance

The Easiest Way to Cover Emergency Expenses Without Lending

February 7, 2025
Show More
© 2025 Thenewsgod. All Rights Reserved.
  • About
  • Contact Us
  • Terms of Use & Privacy Policy
  • Disclaimer
  • Authors
  • Media Partners
  • Videos
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?