If you are a business owner, chances are you’ve heard this before: general liability insurance
is a must for your business. But what exactly is general liability insurance and what kind of
protection does it provide? General liability insurance protects your business’ assets and any
third-party obligations, such as property damage, personal injury or misleading advertising.
You may not think you need commercial general liability insurance, but getting insurance is
one of the wisest investments you can make as a business owner. Plus, depending on the
type of business you own, annual premiums are extremely affordable compared to the
thousands of dollars you’re risking when deciding not to cover your business. Every business
requires a different coverage plan.