The Commercial Liability Insurance secures the business from any kind of financial losses would you be liable for the property loss or advertising and personal injury due to the services, the business operations or employees.
Following are some examples of the conditions in which a business would be actually responsible for the payments of different costs, just as legal and medical expenditures, as well as punitive and compensatory damages:
- When visiting the business, the client trips on the loose flooring and thus got injured.
- Your employee in the painting or the construction business leaves the water running accidentally that causes the substantial loss to the home of the customer.
- The lawsuit of class-action is actually filed in opposition to the businesses that allege the ads that made the misleading piece of information.
Commercial General Liability Insurance Coverage
Commercial General Liability insurance policy would typically cover your costs of the legal defense andcontinue reading →