As your business grows and changes, your insurance coverage needs change with it, so that you can stay worry free. It’s important to know what you are getting and even more important what coverage you need to protect your assets at each entrepreneurial turn.
That’s where a General Liability Policy (GL) becomes challenging without the right guidance from an experienced agent. At ISU O’Connor Insurance Associates we are small business owners just like you. We know the dedication and sacrifice you put into your business. Our agency is family owned and we treat our clients, as we would want to be treated, and that means finding you the right coverage at the right price.
So, what is General Liability (GL)?
Basically, it’s a policy for business owners who need liability insurance. This policy features only liability insurance–it does not offer any property coverage or business interruption. This policy will protect you against liability claims from bodily injury and property damage that may happen while at your place of business or during your operations. It sounds complex because it is; a qualified agent is the best point of contact when you’re anticipating the need for General Liability.
Regardless of where you are in your business, it’s best to be up to date on your insurance policy so you can focus on your operations and not worrying over your coverage.
Why is it so important?
Most businesses that need only General Liability have been in business for some time and have a simplified business operation that doesn’t include any business property or inventory. GL is the only foundation you need to secure your business if the unthinkable should happen, for example: if someone gets injured while at an event you sponsored.
If you currently have General Liability insurance, do you feel confident you understand every bit of it? Are you certain you don’t have additional needs that might not be met by this type of policy?
At ISU O’Connor Insurance Associates an experienced agent will walk you through a series of questions to learn more about you and what your business needs when it comes to General Liability insurance. During the conversation the agent will help educate you, clarify the jargon, simplify the process and lay out the options so you can make an informed buying decision that’s perfect for your business. Your needs are unique and your insurance policy should reflect exactly what you need.
Ready to get started? Just give us a few pieces of info and we will give you a call to start the conversation.