General liability insurance is a type of insurance that covers damages, property losses, and legal costs related to bodily injury or property damage caused by the negligence of others. This protection can cover you for any legal action that is taken against you, including lawsuits, product liability claims, and personal injury claims.
Who Needs General Liability Insurance?
Anyone who conducts business in the United States needs general liability insurance. This includes businesses of all sizes, from small businesses with just a few employees to large corporations with thousands of employees.
Why would anyone need General Liability Insurance?
General liability insurance is a type of insurance that helps protect businesses from lawsuits that may be filed due to accidents or other issues. This type of insurance is often required by businesses of all sizes, because it can help to cover expenses if someone is injured as a result of an accident on the company's property or while working for the company.
General liability insurance can also help protect the company from claims made by third parties, such as customers or employees. If a customer is injured while using the company's product, for example, the company might be able to claim reimbursement from the insurance policy.
General liability insurance can also protect the company against lawsuits that may be filed by government officials or other individuals with authority over the company. For example, a government agency might sue a business for violating environmental laws. General liability insurance would cover the costs of defending such a lawsuit.