General Liability Insurance can help safeguard your business against damages that can be caused during the course of normal business operations. It can provide protection from a variety of claims or lawsuits, ranging from a customer slipping on a wet floor, a defective product causing damage to a client’s property, or other claims that the products or services you provided caused injury. It can also protect you from libel, slander and certain legal claims related to advertising.
General liability insurance quotes usually include:
- Bodily injury and property damage liability
- Personal and advertising injury
- Medical payments
- Products completed operations
- Damage to premises rented to you
Learn how these coverages protect small businesses and how much you’ll want to consider for your unique risk.
Who needs general liability insurance?
General liability insurance is often combined with property insurance in a Business Owners Policy (BOP), but it’s also available to many contractors as stand-alone coverage.
As a contractor or small business owner, you need some form of business liability insurance to safeguard your livelihood.
A single accident could result in a lawsuit that you might not be able to handle. A great way to protect against this is to make sure you have liability coverage that matches your level of exposure.
Some employers or clients might also require you to carry a certain amount of general liability before you can work for them.
General liability insurance for contractors
If you’re a contractor, you might only want general liability – not a full BOP. For example, you might not own any commercial buildings that require property insurance or need to cover payroll or other operating expenses. However, you’re still exposed to liability risks from your job.
You might be eligible to get general liability insurance, without the extra coverages in a BOP, through the Progressive Advantage Business Program. We offer general liability, as well as Blanket Additional Insured Coverage to contractors who qualify.
Blanket Additional Insured Coverage extends your existing liability insurance to other entities as required by some contracts with employers.
General liability insurance cost
Discover more about general liability insurance cost, policy rating factors and money-saving tips to help you find the best combination between price and protection for your business. Call us today, or request a quote online.
In 2017, the national average monthly cost for general liability insurance through the Progressive Advantage® Business Program was $52. Remember, this is only an average and isn’t necessarily what you’ll pay. Your rate depends on the specific features of your business.
Requesting a quote is simple.