GENERAL LIABILITY INSURANCE
Contact
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Landline: (227) 250 - 0009
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Licensed in MD, PA, NJ, VA, DE
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For Business Entities and Individuals
What is General Liability Insurance?
General Liability Insurance, sometimes referred to as Business Liability Insurance or Commercial Liability Insurance, is a foundational policy designed to protect businesses from claims of bodily injury, property damage, and other liabilities that can arise during daily operations. While the names may vary, the coverage remains the same—providing essential protection for your business.
Understanding these interchangeable terms can help you confidently choose the right insurance for your needs without confusion. At iSAFE, we prioritize clarity and transparency to ensure you make informed decisions for your business.
Why General Liability Insurance Matters
Running a business involves risks, and General Liability Insurance is designed to safeguard you from some of the most common and potentially costly liabilities. Whether it’s a slip-and-fall incident, accidental property damage, or a claim of advertising infringement, this essential coverage ensures you can focus on growing your business without unnecessary financial worries.
Also referred to as Business Liability Insurance or Commercial Liability Insurance, this policy is indispensable for businesses of all sizes. It protects against:
General Liability Insurance helps cover:
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Bodily Injury (BI)
Covers medical expenses, legal fees, and settlements when a third party is injured due to your business operations.
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Property Damage (PD)
Pays for repairs or replacements when your business causes damage to someone else’s property.
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Advertising Injury
Provides coverage for lawsuits related to advertising practices, such as defamation, copyright infringement, or trademark violations.
Who Needs General Liability Insurance?
General Liability Insurance isn’t just for large corporations—it’s a necessity for small businesses, startups, and even self-employed professionals. If your business interacts with customers, suppliers, or contractors, operates a physical location, or advertises products and services, this coverage is critical.
How Does General Liability Insurance Work?
When a covered incident occurs, General Liability Insurance helps pay for:
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Medical costs and legal expenses from a third-party injury.
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Repair or replacement of damaged property.
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Legal fees, settlements, or judgments arising from advertising-related claims.
Business Owner Policy (BOP)
To simplify and enhance your coverage, you can combine General Liability Insurance with other essential policies through a Business Owner Policy (BOP). A BOP typically includes:
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General Liability Insurance
For BI, PD, and advertising injury claims.
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Commercial Property Insurance
Protects your physical assets, like buildings and equipment, from fire, theft, or vandalism.
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Business Interruption Insurance
Compensates for lost income if your operations are temporarily halted due to a covered event.
This bundled solution is tailored for small to medium-sized businesses, offering comprehensive protection at a competitive rate.
Why Choose iSAFE?
At iSAFE, we work with top-rated insurance carriers to provide you with competitive pricing and tailored solutions. Our expertise ensures that you’re not only protected today but also prepared for the risks of tomorrow.