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Safeguard Your Assets from Liability Risks

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General Liability Insurance for Your Business

A General Liability policy is an integral component of a strong insurance program, providing the protection a business needs to safeguard its assets in the event of a loss resulting from a wide range of incidents. These include everything from premises liability, which covers claims that result from accidental injury or property damage to a third party; product liability losses arising from bodily injury or property damage from goods or products a business manufactures, sells, handles or distributes; completed operations for potential liability for bodily injury or property damage that arises out of completed work; and personal and advertising injury.

How robust your General Liability insurance is depends on several factors, including the limits of liability you carry. Our staff at the ISU-The Olson Duncan Agency, we’ll conduct a top-to-bottom evaluation of your operation to determine your exposures and how much risk you should transfer to General Liability insurance. Our evaluation will also help us assess how to strengthen your risk management strategies to help mitigate liability losses and reduce your costs.

Beyond General Liability

As broad as a General Liability policy may be, there are exclusions that require additional enhancements and/or separate policies. In addition, each industry is unique and will require specific endorsements to meet its needs. For example, pollution hazards are typically excluded under a standard General Liability policy; something many businesses need to address with Pollution or Environmental Liability coverage. Employment-related liability incidents such as discrimination and harassment, allegations of a wrongdoing by a director or officer, financial loss to a third party due to professional services provided, liquor liability claims, and cyber liability losses are not covered under a General Liability policy, just to name a few of the risks that need other policies or coverages to respond. Our staff will review in detail with you what is covered under General Liability insurance and what additional coverages you need for a comprehensive, tailored plan.

Keeping in Step with Changes

With us as your partner, you’ll be confident that your Liability insurance program is responsive to your business risks. We accomplish this by meeting with you on a continuous basis to find out if there have been any changes in your operation and business goals, looking at how industry trends can impact your goals, and conducting a detail analysis of your program to ensure it’s keeping in step with where you are today and where you want to be in the future. Our focus is always on balancing the need to minimize risk, control costs, and develop a leading-edge approach to meet your objectives.

Our Value

At ISU-The Olson Duncan Agency, we look to provide clients with a total solution, not simply a quote or an insurance contract. Our goal is to provide real value and build a long-term relationship based on trust. This is underscored by the fact that we provide our clients with their risk management and insurance solutions, including property & casualty, employee benefits and personal insurance. To find out more about how we can help you, call us at (310) 373-6441.