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Did commercial general liability insurance replace comprehensive general liability insurance?
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.
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What does comprehensive general liability insurance cover?
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.
You are starting a residential cleaning business Should you get general liability insurance or professional liability insurance?
You need a commercial general liability policy.
Where do you buy General liability insurance?
General Liability insurance is purchased through any insurer that provides commercial insurance lines coverage.
What companies offer general liability insurance for commercial workplaces?
All the major insurance companies offer general liability insurance for commercial workplaces. Some of these are Nationwide, Progressive and Allstate.
What is the difference between Comprehensive General Liability insurance and Public and Products Liability 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.
Insurance for mobile mechanic repairs?
You need commercial General Liability Insurance
Does every business owner have to have commercial general liability?
It is a good idea to consider purchasing general liability insurance for your business. General liability insurance can protect your business and give you peace of mind.
What types of insurances does Highpoint Insurance offer?
The Highpoint Insurance group offers commercial insurance. Their specific offers are Commercial Property, General Liability, Workers Comp, Commercial Auto, and Management Liability.
What type of insurance is needed for floor cleaning business?
Commercial General Liability Insurance.
Where do I find information on and compare rates for comprehensive general liability insurance?
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.
What is the General Liability Insurance?
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.
How General Insurance Can Protect You?
"General insurance" is the umbrella term used by the insurance industry to describe all policies other than life insurance policies. This includes various types of insurance for individuals as well business policies. The two most common types of general insurance for individuals are automobile insurance and homeowners insurance, both of which can include property and casualty coverage. The two most common types of general insurance available for businesses are commercial auto liability and commercial general liability. Other commercial general insurance products include premise liability, professional liability, product liability and operations liability. An increasingly popular commercial product is business interruption insurance that provides the business owner with income should a disaster fall that is covered by other parts of his or her policy.
