• Home
  • Get A Quote
  • Customer Service
  • Refer a Friend
  • About Us
  • Location Map
  • Employee Directory
  • Privacy Policy
  • Contact Us
Call Us
Call Us Today |
(888) 513-8784
Home

In Omnia Paratus…"Ready for all things!"


blue referral button
  • Home
  • Get A Quote
  • Customer Service
  • What We Offer
    • Auto Insurance
    • Boat & Watercraft
    • Business Owner's Policy
    • Commercial Auto
    • General Liability
    • Home Insurance
    • Life Insurance
    • Pet Insurance
    • Product Liability
    • Workers Compensation
  • Blog
  • Make a Payment
  • Resources
    • Risk Management Center Login
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • About Us
    • About First Independent - Descamps Insurance Agency
    • Our Locations
    • Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Auto Insurance AUTO
INSURANCE
Read More
Boat Insurance BOAT &
WATERCRAFT
Read More
Business Insurance BUSINESS
INSURANCE
Read More
Homeowners Insurance HOME
INSURANCE
Read More
Life Insurance LIFE
INSURANCE
Read More
Other Insurance OTHER
INSURANCE
Read More
Home > Blog > Exclusions of General Liability Insurance
MONDAY, JULY 16, 2018

Exclusions of General Liability Insurance

You’ll likely need general liability (GL) insurance as part of your commercial package. However, you shouldn’t assume that any GL policy will cover everything. Exclusions and limits will exist in your coverage. Take some time to learn more about what general liability insurance does not cover. image of business insurance computer button

In the end, what your policy doesn’t cover might guide your future insurance decisions. You might need to buy more liability policies to shore up risks not protected already.

Understanding Standard General Liability Coverage

General liability coverage protects damage to others who do business with you. If your business harms a third party, they might expect compensation for their losses. You can use this coverage to repay them. Think about it as the duty you might owe someone else who does not work for you.

Most policies include:

  • Bodily injury coverage: Helps injured parties pay their medical bills. It might also provide supplementary income. If someone slips and falls on your property, this coverage can often help.
  • Property damage protection: Pays for damage to someone else’s belongings.

These are important elements of protection. However, they are not the only types of liability insurance most businesses need. You might have to look elsewhere for more specialized coverage.

Getting Around General Liability Insurance Exclusions

Only insuring your business for injury or property damage allegations doesn’t usually go far enough. You’ll likely need to expand upon your general liability insurance. More specific types of packages include:

  • Commercial auto liability insurance: You must insure business vehicles. They need their own liability protection tailored. This comes in a specific commercial auto policy. In most cases, you’ll have to follow state law to get the right liability limits.
  • Workers’ compensation: Think of workers’ comp as liability protection against employee harm. Employees are not third parties. However, they still face liability risks in the business. Employees who get hurt on the job often have a right to supplementary income. Workers’ comp lets you repay them.
  • Errors & omissions (E&O) protection: Professional service providers might make mistakes that lead to financial losses for clients. You can use this coverage to repay clients for losses.
  • Directors & officers coverage: In the event that boards or high level executives make mistakes, this coverage extends to their actions.

In some cases, you can add certain elements of coverage to your CGL policy. However, in others, the CGL will specifically exclude certain liabilities. Therefore, ask your insurance agent at 888-513-8784 specifically what your policy does not cover. After they explain this, they can likely guide you in shoring up any loose ends that need protection. There are many types of hyper-specific liability coverage out there. Let your insurance agent tailor them to your industry needs.

Also Read: Four Budgeting Tips for New Business Owners

Posted 1:31 PM

Tags: business insurance, general liability insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014

  • insurance(35)
  • tips(26)
  • sterling heights(24)
  • coverage(19)
  • michigan(17)
  • home insurance(17)
  • auto insurance(16)
  • business insurance(15)
  • life insurance(12)
  • savings(9)
  • health insurance(8)
  • safety(8)
  • sterling heights mi insurance(6)
  • pet insurance(6)
  • homeowners(4)
  • workers compensation(3)
  • protection(2)
  • security(2)
  • home maintenance(2)
  • general liability insurance(2)
  • fire safety(2)
  • liability(2)
  • commercial auto insurance(2)
  • damage(2)
  • strawberies(1)
  • cucumber(1)
  • home(1)
  • prescription drugs(1)
  • teen drivers(1)
  • business budgets(1)
  • family(1)
  • diet(1)
  • storms(1)
  • final expenses(1)
  • millennials(1)
  • online security(1)
  • benefits of paid policy(1)
  • winter(1)
  • claims(1)
  • tomatoes(1)
  • deductible(1)
  • health insurance deductibles(1)
  • car parts(1)
  • sterling heights business insurance(1)
  • business(1)
  • discounts(1)
  • uninsured motorist(1)
  • animal injury(1)
  • business finances(1)
  • car insurance(1)

View Mobile Version
Facebook
Twitter
LinkedIn
Fremont
EMC
Pioneer State Mutual
Frankenmuth
Mainstreet
Michigan Insurance
Nationwide
Chubb
elephant insurance logo
Twitter Logo

Resources

Home About Us Get a Quote Customer Service Newsletter Contact Us

Contact Us

map icon
  • Sterling Heights Office
  • 14500 Lakeside Circle
  • Sterling Heights, MI 48313
  • Phone: 586.247.2220
  • Fax: 586.247.7570
© Copyright. All rights reserved.
Powered by Insurance Website Builder