Why You Need Commercial General Liability Insurance

Why You Need Commercial General Liability InsuranceWhy You Need Commercial General Liability Insurance

If you are the owner of a start-up business, you have a lot to think about when it comes to protecting yourself from lawsuits, property damage, and medical payments as they relate to your business. A smart businessperson knows that commercial general liability insurance in Champaign, IL is indispensable for protecting their business interests and avoiding catastrophic unforeseen financial obligations.

What You Need to Do

If you do not currently have commercial general liability insurance in Champaign, IL, you need to locate an insurance agent that is familiar with issuing business policies. Make sure you locate an insurance company that will go the extra mile to ensure that you receive a policy that meets your needs, including visiting your place of work in person to assess your potential risks in order to choose the right coverage for your needs.

Common Types of Coverage

Some of the most common types of coverage included in commercial general liability insurance in Champaign, IL include:

  • Medical payments for bodily harm caused by your business to non-employees
  • Rental property damage
  • Property damage
  • Financial settlements
  • Slander and libel allegations
  • Cyber liability
  • Errors and Omissions (E&O)
  • Directors and Officers (D&O)
  • Employment Practices Liability (EPL)

Don’t Go Unprotected

To ensure that your business is given every opportunity to succeed, make sure you protect it with a much-needed business general liability insurance policy.

Please follow and like us:
This entry was posted in business insurance, general liability and tagged , , , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Trackbacks are closed, but you can post a comment.