Commercial Liability Insurance

There are many perks and few drawbacks (if any) to commercial liability insurance.  We’ll describe for you what those pros and cons are and hopefully give you some ideas that can point you towards the best possible insurance coverage for you and your business.

Commercial general liability insurance is something distinct from “professional liability” coverage.  Here’s the difference.  While professional liability plans tend to include specially tailored coverage options, general liability plans focus on the meat and potatoes of company protection – the basic necessities.  Here are some of the basic coverage needs that any general plan you select should certainly include:

• Client physical injury
• Property damage
• Employee physical injury
• Fire insurance, including arson
• Theft
• Vandalism

How do you find a good general coverage policy?  Just start searching the web.  The links on this Web page should lead you to a few relevant companies that offer many varieties of general liability protection.  You can also go to a major search engine and search for liability coverage providers.  As you look for the best provider for you, remember that you probably will need more than a simple general policy.  What bells and whistles might you want to tack onto the policy?  Well, here are a few possible extra options.  Go with the ones that will benefit your company and fit its professional needs, and leave the coverage options that sound too fancy or unnecessary.

For starters, you could try adding on some sort of employee liability insurance.  This protection would cover losses caused by problems with your company’s employee benefits packages.  These packages usually include elements such as investment plans, dental, disability and health insurance, and perhaps child care insurance as well.