Liability Insurance

Liability insurance is designed to protect businesses against losses even if they are negligent or liable for damage, injury or loss to another’s property, reputation, or health. Typically, damages, legal defense fees and settlement charges are paid by the insuring company when a claim is filed against the business.

Bodily Injury – Liability coverage may pay the affected person or firm for the cost of care, the loss of services and restitution for death that results from an injury.

Property Damage – In the event your business causes damage to, or causes the loss of use of someone else’s property, property damage coverage may pay for the value of the physical damage to the property; or the loss of use of that property.

Products and Completed Operations

Every product is capable of personal injury or property damage. Companies that manufacture, wholesale, distribute, and retail a product may be liable for its safety. Additionally, every service rendered may be capable of personal injury or property damage. Businesses are considered liable for negligence, breach of an express or implied warranty, defective products, and defective warnings or instruction

A policy may provide coverage for your company’s completed products or services. If an injury occurs due to the use of your products or services provided, the policy would pay for the resulting damages and any legal expenses up to the policy limits.

Contractual Liability

General Liability coverage extends to any liability you may assume by entering into a variety of different types of contracts such as a building lease.

Medical Payments

If someone is injured by you or at your business site, the policy may pay for medical and funeral expenses incurred, up to policy limits, within one year of the accident . For example, if a customer tripped and fell on your premises and had to be hospitalized.

Personal Injury

Most General Liability policies provide coverage if you are accused of:

• Publishing inaccurate information that slanders or libels a person or organization;
• Publishing material that violates a person’s right of privacy;
• Falsely arresting, detaining or imprisoning someone;
• Maliciously prosecuting someone;
• Wrongfully evicting someone.
• Advertising Injury

In the course of advertising your company’s own goods, products or services, this policy will provide valuable liability protection against advertising injuries resulting from:

• Publishing inaccurate information that slanders or libels a person or organization;
• Publishing material that violates a person’s right of privacy;
• Copying some other company’s advertising ideas or style of doing business;
• Infringing on another company’s copyright, title or slogan.

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