☰ ˟
Contact Us Today / 800.845.0489
info@insurancestationinc.com
Facebook Icon Twitter Icon Google Icon
The Insurance Station
  • Home
  • Get A Quote
  • Types of Coverage
    • Personal
    • Business
    • Agribusiness
    • Life Insurance
  • Meet Our Team
  • Make A Payment
  • Submit A Claim
  • Resources
    • Partners Page
    • Our Companies
    • Important Links
    • Downloadable Forms
    • Insurance Glossary
    • Blog
  • About Us
    • About Us
    • Privacy Policy
    • Testimonials
    • Location & Hours
What type of coverage do you need?
Home > Blog > How General Liability Insurance Can Benefit Your Business
TUESDAY, JUNE 7, 2022

How General Liability Insurance Can Benefit Your Business

When you think of protecting your business, the first thing that comes to mind is probably the building, computer equipment and other physical assets that required a substantial investment. But liability risks are equally as important for you to consider. What is a liability risk?a man standing in front of a window

A liability is your business’ financial responsibility to another party. For instance, if a customer is injured in your store because a sticky puddle was left un-mopped, the business will likely be responsible for that person’s medical bills. And because we live in a highly litigious society, you also have to consider the chance of lawsuits being filed against your business.

But with a business insurance policy that includes general liability coverage, you have protection against similar events. If a third party files a claim against your business, your insurance provider can step in to foot the bill (up to policy limits).

Some common liability risks include the following:

·        A customer or other third party being injured on premises

·        Property damage experienced by a third party

·        Any action that results in a loss to a third party

General liability insurance does not cover employees or people otherwise tied to the business. It is solely designed to protect customers, visitors, mail carriers and other people that are not associated with the business, yet experience a loss because of the business.

Because the costs related to a liability event can be unpredictable, you also have the option to add on umbrella coverage. This essentially adds on another layer of protection in the event that a claim surpasses policy limits.

Looking for more answers? Call The Insurance Station at 800-845-0489 for more information on Altoona business insurance.

Posted 3:57 PM

Tags: business 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
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2015

  • insurance(8)
  • iowa(6)
  • des moines(6)
  • farm insurance(5)
  • life insurance(4)
  • health insurance(3)
  • safety(3)
  • home insurance(3)
  • coverage(3)
  • workers compensation(3)
  • altoona(2)
  • homeowners(2)
  • benefits(2)
  • business insurance(2)
  • partner(1)
  • winery(1)
  • winter storms(1)
  • farm equipment(1)
  • la vida loca(1)
  • agribusiness(1)
  • animal(1)
  • flood insurance(1)
  • motorcycle equipment(1)
  • storm preparedness(1)
  • tree safety(1)
  • auto insurance(1)
  • insurance myths(1)
  • farm equipment insurance(1)
  • umbrella insurance(1)
  • mobile home insurance(1)
  • business(1)
  • care custody and control insurance(1)
  • policy(1)
  • commercial(1)
  • animal control professionals(1)
  • tractor insurance(1)
  • farm(1)
  • compensation(1)
  • risk(1)
  • agriculture(1)
  • loss(1)
  • motorcycle insurance(1)
  • medicine(1)
  • nuisance(1)
  • workers(1)
  • gazebos(1)
  • affordable care act(1)
  • control(1)
  • car insurance(1)
  • auto(1)

View Mobile Version

Our Customer Feedback

Read More

Our latest blogs

  • Secura Insurance
  • West Bend
  • Auto Owners
  • Pekin Insurance
  • Hastings Mutual
  • Donegal
  • Acuity
The Insurance Station
116 2nd St SE
Altoona, IA 50009

800.845.0489
We've successfully served hundreds of customers and are determined to treat each individual with respect and compassion. Shopping for insurance can be difficult, but our staff does the work for you. Maintain your peace of mind knowing that our insurance professionals have your back.
We're here for you
Home Page/ About Us/ Contact Us/ Our Blog/ Refer A Friend
Quick Help Links
Quote Forms/ Service Forms/ File a Claim/ Make a Payment/ Insurance Glossary
Facebook Twitter Google
© Copyright. All rights reserved. Powered by Insurance Website Builder