If you are in a business that involves the risk of accidents, you can be sued for large amounts of money in the event of an accident, therefore you need comprehensive general liability insurance to protect you if you were to lose a large lawsuit.
That is incorrect. I had comprehensive general liability on my Motorcycle. Wrecked it an was not covered because I did not have colllision coverage.
General Liability covers the injuries, repairs of others involved in a wreck where you are found At Fault including property, for the amounts stated in your policy. Also there are statewide minimums for each category. Your vehicle is not covered. If you are hit the other drivers insurance pays for your vehicle, if they are uinsured then your policy pays because you are required to have uninsured protection on your policy. If you wreck your car you do not get it repaired by your insurance company with liability. Comprehensive covers damaged to your vehicle incurred by weather, fire, vandalism, etc.. When you get comprehensive coverage you will select a deductible that you must pay and your insurance will pay the rest. For example: a tree branch falls on your car while it is parked somewhere. Comprehensive coverage is for that.
Comprehensive general liability insurance covers businesses against many liability exposures of a business. Comprehensive general liability insurance coverage includes completed operations, elevators, independent contractors, and more.
To purchase general comprehensive coverage on an auto insurance plan, is a completely different aspect when compared to general liability insurance. The first will cover a certain amount of the inured and fix-it bill, where the latter will only cover the party at fault in the case of an accident. If you would like both of these, you should purchase full coverage for a discounted price.
There is no such thing as a "comprehensive" general liability policy. It is "commercial" to differentiate it from personal-lines coverage. It is commercial general liability policy, or CGL; a generally standard group of coverages, exclusions, limits. This is different than a manafest policy where commercial coverages are added in a customized fashion. A comprehensive policy would be one where a business owner (BOP) might purchase with a pre-set group of coverages, exclusions, and limits. Thanks Actually, the term "Comprehensive General Liability" was replaced in 1986 with the term "Commercial General Liability." They are essentially the same policies.
form_title=Purchase General Liability Insurance form_header=Protect yourself and your business from accidents with general liability insurance. Describe the business and/or property needing insurance:=_ Have you had this product in the past?= () Yes () No How soon do you need this product?=_
Comprehensive general liability coverage for a small business quotes an be obtained from a local State Farm agent, or quotes can be solicited from the many internet only insurance firms.
Commercial GL covers your business for damages alledged by a third party including bodily injury and property damage. When you start a company, you should purchase GL insurance when you have any of the following : Sales, assets, employees, a physical location.
General liability covers Public and Producs Liability, therefore by having General Liability cover, public liability is covered also.
Compare general liability insurance quotes from multiple providers. Learn about liability insurance in our free buyers' guides to business insurance.Hiscox specializes in general liability insurance for businesses with 10 employees or less.
Most state require that you drive with insurance. As long as when you go to court and you have insurance coverage they should reduce the charge of driving without insurance.
The correct term is COMMERCIAL GENERAL LIABILITY. The term Comprehensive General Liability is a old term that was at one time used as well as Public and Products Liability. These terms are often used to mean the same ideal. Over the years the legal profession will contunuie to use them in a written contract. However it should be corrected to the correct term so all parties ar not confused. Often you may see the term expressed as COMMERCIAL GENERAL LIABILITY including products and completed operations.
You need a commercial general liability policy.
General Liability insurance is purchased through any insurer that provides commercial insurance lines coverage.