What is General Liability Insurance?
A commercial general liability insurance policy covers all liability exposures of a business that are not specifically excluded on the policy form. The primary coverage sections that make up a commercial general liability insurance policy include premises liability, products & completed operations liability, and personal & advertising injury liability.
- Premises liability covers liability for accidental injury or property damage that results from either a condition on your premises or your operations in progress, whether on or away from your premises (such as a slip and fall claim). Landlords often require this coverage as part of their lease agreements for a leased space.
- A products liability hazard exists for any business that manufactures, sells, handles, or distributes goods or products. The hazard being the potential liability for bodily injury or property damage that arises out of your goods or products. Completed operations covers your potential liability for bodily injury or property damage that arises out of your completed work.
- Personal and advertising injury includes libel, slander or any defamatory or disparaging material or a publication or utterance in violation of an individual's right of privacy; infringing the privacy or copyright rights of another in your advertisement; wrongful entry or eviction, or other invasion of the right of private occupancy; and false arrest or wrongful detention.
The major exclusions under a commercial general liability insurance policy typically include: intentional injury; insured contracts; liquor liability; workers compensation and employers liability; pollution; aircraft; automobile; watercraft; mobile equipment; war; care, custody, and control; damage to your work; impaired property; sistership liability; and failure to perform.
Are you looking for a general liability insurance quote? Just complete the form at the top of this page, and we will get in touch with you as soon as possible.
Located in Torrance, California, ISU-The Olson Duncan Agency was originally established in 1945. We do not work for an insurance company; we work for you. We represent a carefully selected group of financially sound, reputable insurance companies, and we place your policy with the company offering the best coverage at a competitive price.