Normally, it is difficult for businesses or general contractors to work without general insurance. General liability insurance is intended to guard operators and owners of companies against claims that may come from a broad spectrum of sources. These exposures could be just about anything, including liability engendered by accidents from the operations of the insured party, contractual liability, products manufactured by the insured party, etc.
Adequate general liability insurance is a must for businesses. The Commercial Insurance Team at AAG Insurance provides the expertise you need to protect your assets. Locally owned and operated, AAG Insurance has been helping businesses throughout the Baltimore region for over 25 years.
Why General Liability Insurance?
Successful businesses can often be the targets of lawsuits and similar claims. If you make a mistake and someone is injured, your entire company and all of your hard work is on the line. General liability insurance for businesses is designed to reduce this risk and ensure you have coverage should someone need to make a claim against you.
Is your business adequately covered? If you’re not sure, talk to AAG Insurance to get the right coverage in place today!
Types of General Liability Insurance
The liability risks are unique to the type of business. General liability insurance protects your business from a large list of potential claims. Depending on the nature of your business, these may include:
- Contractual liability
- Cyber/Data Breach
- Product liability
- Premises liability
These policies offer different coverage limits, which you will need to select based on the nature of your business and the type of risk you carry.
At AAG Insurance, we can help you select a general liability insurance policy for your business that fits it and its unique risks perfectly. Because we are an independent agency, we work with a variety of top insurance companies and can find the best type of insurance that’s right for you, with adequate coverage and limits.
Talk to AAG Insurance Today About Commercial General Liability Insurance Coverage
The liability you select, whether it is one, two, or three million dollars, determines the cost of general liability insurance. Also factored into the rates are the kind of work undertaken, gross receipts and total payroll expenses. Similar to auto insurance, when it comes to general liability insurance, you will first have to make a down payment and then follow it up with installments. Before buying general liability insurance, it is best to compare the quotes available in the market.
It is the business owner’s or general contractor’s job to make sure that the people working under him/her are covered by an insurance policy. If for example, a person who is not a part of the project gets injured, the injured person’s lawyer can target just about anyone involved in the project. The more individuals that are involved, the greater the chances of a successful lawsuit.
The team at AAG Insurance is here to help your business protect itself properly. We will provide you the insurance policy that best fits your business’s risk and help you through the claims process should you ever need to file one. If your business is in need of general liability insurance coverage, talk to us right away to get this critical protection.
Want to see how much we can save you? Just request a quote to find out.