WEDNESDAY, DECEMBER 30, 2020
Businesses have a duty to protect their clients, including offering them a safe space in which to do business. However, no matter how many risk management precautions you take, there is always a chance that something could go wrong, and one of your customers could get hurt. If they do, they could blame your business, demand compensation, or even sue you for damages. 
It is at this time that your business’s general liability insurance can come in handy. Usually, it will cover bodily injuries that third parties sustain. However, coverage will have its limitations as well. Therefore, it’s important to work with your agent to determine the best way to structure your coverage.
Understanding General Liability Bodily Injury Insurance
Liability insurance is coverage that protects businesses when their mistakes or negligence cause harm to others. Even though you of course don’t want to ever see anyone get hurt because of your mistakes, you can’t eliminate the risk entirely. Therefore, liability insurance will provide you with the necessary resources to respond to this third party’s claims, and you won’t have to put your business’s success on the line as you try to afford the costs of these accidents.
General liability insurance is foundational coverage that most business needs, and it offers coverage for bodily injury claims. There are countless scenarios where a client or other party might get hurt in your business. They might:
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Slip in a puddle or trip over something laying on the floor, and fall
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Get hit in the head by a falling object
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Sustain an injury from using one of your products
The injured party might sue you over their injury, even if you did not intend for it to happen. They might want you to pay for their medical bills, cover their lost income, or demand other compensation. A claim on your liability insurance can help you cover a settlement and any legal costs arising from the suit. Therefore, this benefit can be astronomical in helping you address the problem, fix it, and move on from the issue with your corporate reputation intact.
How to Get the Most Out of Your Benefits
Your general liability insurance is highly adaptable to your commercial needs, since every lawsuit could impact every business differently. Your goal is to choose the policy that will offer you enough coverage to preserve your company’s net worth in case of a high-value claim.
With the help of our agents, you can analyze your industry liabilities and personal objectives to determine exactly what limits and benefits you need to include in your general liability policy. It’s to your advantage to have customized benefits, and our expert agents will make sure you get them.
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