A general liability policy is sometimes called the common denominator of insurance coverage because it offers broad protection from a variety of everyday risks that every business encounters, just by opening their doors each day. With an abundance of basic liability literally at your doorstep, the professionals at iSure Insurance Brokers can help your Greater Miami Area business establish a program that addresses these risks.
Liability 101, or how the policy works
In the event that you are found liable for actions by your company or one of your employees that caused bodily injury to someone or damaged their property, your general liability policy will step in. The policy covers:
- Medical payments for bodily injury to non-employees resulting from your business operations
- Court costs
- Legal fees
- Damage awards
- Allegations of slander and libel (that occur outside of any professional services you render)
Designed to be broad but basic
While it represents good foundational coverage for your business, a general liability policy has a number of exclusions for professional services and certain risks. For those, you’ll need to purchase separate, more specific protection, including:
- Errors and Omissions (E&O)
- Employment Practices Liability (EPLI)
- Directors’ and Officers’ (D&O)
- Cyber Liability
- Business Auto Liability
What’s more, depending on your financial circumstances it may be prudent to further enhance your liability protection with a commercial umbrella policy. The experts at iSure have decades of experience in making recommendations for our clients that have served them well. We’d like to do the same for you.
Be sure with iSure. We welcome the opportunity to protect what you have worked so hard to build. Please contact us at 305.223.2533 to learn more about what we can offer you.