General Liability is intended to protect business owners from claims that may come from a variety of sources. If one of your customers has a slip and fall at your restaurant you can subsequently be sued for any injuries. General liability protects your business from lawsuits over bodily injury incurred on your premises or any damages you may have caused to someone else’s property. General liability and be broken down by the different types of events it covers.
- Bodily injury: This covers medical expenses, funeral expenses, and court ordered compensation when your business has been found to have injured a customer.
- Property Damage: This will pay to repair or replace damaged property when your business is found to be responsible for the damage. Spilling hot coffee on a customer’s laptop is a perfect example of how this coverage would apply.
- Completed Products: If a customer claims your service caused them physical harm or property damage you could find yourself paying legal fees and court awarded damages. Completed products covers these expenses.
- Personal and Advertising Injury: These injuries can arise from copyright or brand infringement, libel, slander and privacy violations to name a few.
- Medical Expense Coverage: Is usually included as part of the general liability policy. This coverage is intended pay immediate expenses when a customer or non-employee is injured. An example of this could be paying for the cost of an ambulance.