When running a business, certain risks come along with it. One of the most important things to consider in New Jersey is protecting your business from legal claims or lawsuits. General liability insurance is designed to cover various claims arising from your business operations. O’Donnell Agency LLC discusses the importance of general liability insurance for businesses, what it covers, and how it can protect your business.
What is General Liability Insurance?
General liability insurance is a type of coverage that protects a business against legal claims or lawsuits.
What Does General Liability Insurance Cover?
One of the biggest benefits of general liability insurance is that it protects your business from various claims. General liability insurance can cover those costs. It can also protect your business against property damage claims, such as if you damage a customer’s property while working on it. Additionally, general liability insurance can cover advertising injuries, such as copyright infringement or defamation.
Why is General Liability Insurance Important?
Without general liability insurance, your business could be at risk for financial ruin in the event of a legal claim or lawsuit. A single claim or lawsuit could cost hundreds or even millions of dollars.
How Does General Liability Insurance Protect Your Business?
General liability insurance protects your business by covering the costs of a legal claim or lawsuit. If someone files a claim against your business, your insurance provider will handle the claim and cover any associated costs up to your policy limits. This can include legal fees, damages, and other costs.
Reach Out To Us
When it comes to protecting your business, general liability insurance is essential to your insurance portfolio. If you’re interested in learning more about general liability insurance, contact O’Donnell Agency LLC. We’re here to help New Jersey!