General Liability Insurance in Savannah, GA

Running a business is challenging enough without worrying about what could go wrong. General liability insurance is an essential safety net that can cover costs related to third-party bodily injuries, property damage, and personal and advertising injuries. General liability insurance provides peace of mind, allowing entrepreneurs to focus on growth and innovation rather than dwelling on potential risks. Understanding the basics of general liability insurance can help businesses navigate the complexities of today’s risk landscape. 

What Is General Liability Insurance? 

General liability insurance is a policy that can protect businesses from financial loss resulting from claims of injury or damage caused to others by the actions of your business or your employees. It’s a fundamental part of any comprehensive business insurance package. 

What Does General Liability Insurance Cover? 

General liability insurance can cover the following incidents: 

• Bodily injury—If a third party is injured due to your business operations, your policy may cover the costs of medical care, rehabilitation and legal expenses if you are sued for damages. 
• Property damage—If your business causes damage to someone else’s property, your policy may cover repair or replacement costs. 
• Personal and advertising injury—This may financially cover nonphysical injuries and lawsuits accusing you of slander, libel, copyright infringement, invasion of privacy, false advertising and similar acts. 

Who Is General Liability Insurance For? 

General liability insurance is for any business, regardless of size or industry. Whether you’re a sole proprietor, a small business owner or the head of a large corporation, this insurance can protect you from the potentially devastating costs of a liability claim. 

How Is the Cost of General Liability Insurance Determined? 

The following factors can influence the cost of general liability insurance: 

• Business type—High-risk industries like construction may have higher premiums than low-risk industries like consulting. 
• Location—Businesses in areas with a high cost of living or high rates of litigation may pay more. 
• Business size—The more employees you have, the higher your premium may be. 
• Coverage limits—Higher limits come with higher premiums, but they also provide better protection. 
• Claim history— If your business has a history of many claims, insurers may consider you a high risk and increase your premiums. 

How to Get General Liability Insurance 

Contact RM Bush and Company today to discuss your general liability insurance policy and ensure you have the right coverage for your business. We can offer coverage recommendations based on your operations and risk management needs. 

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.