There are a lot of things that general liability insurance is going to be able to cover. But it is still important to know what is not covered at the same time. For example, it is not going to cover auto accidents that are related to the business, illnesses and injuries of your employees, damage that happens to your business property, mistakes that happen with your professional services, and claims that go above the limits of the policy that you choose. In addition, if your employees do illegal things, those will not be covered either.
For the problems that are listed above, there are a few other types of business insurance policies you should consider to help keep you safe along the way and to avoid financial ruin. Some of these include:
# Employee injuries and illnesses: You should consider getting a policy for workers compensation to make sure that you have the necessary coverage if your employees get injured at work.
# Auto accidents: If someone is driving a company vehicle and gets in an accident, you need to go with commercial auto insurance to make sure you are protected.
# Professional mistakes: You can consider errors and omissions insurance to help get coverage if you make mistakes in the course of your work. This is sometimes known as professional liability insurance.
# Theft and damage to your business property: Your general liability insurance is not going to provide you with protection if your property or business equipment is destroyed or stolen. You need to get a commercial property insurance policy to help cover these problems along the way.
Keep in mind here that insurance is not going to help cover some of the intentional acts that happen. If you get mad and throw your work computer out the window, then the policy is not going to provide some protection. It will never help out if there are illegal acts or deliberate acts of wrongdoings, whether this was you or the employees who caused the problem.
When you are looking for the right general liability insurance product, you want to make sure that you are finding a policy that will cover as much as possible. Not everything is covered when it comes to general liability, and recognizing this will make a big difference as well. Our family entertainment center insurance is going to be the tool you need to protect your business and make sure that you are not on the hook for all those damages. Trust our team to be there to provide you with the insurance products your small business needs.
