What commercial general liability insurance covers?

What commercial general liability insurance covers?

Commercial general liability insurance, or CGL, is a vital form of protection for businesses of all sizes. This type of insurance provides coverage for a wide range of liabilities that a business may face, including bodily injury, property damage, and advertising injury. Below are some of the specific items that commercial general liability insurance covers:

1.

Does commercial general liability insurance cover bodily injury?

Yes, commercial general liability insurance covers bodily injury that occurs on your business premises or as a result of your business operations. This could include slip-and-fall accidents or injuries caused by defective products.

2.

Does commercial general liability insurance cover property damage?

Yes, commercial general liability insurance also covers property damage that is caused by your business operations. This could include damage to a customer’s property or damage to a rental space where your business operates.

3.

Does commercial general liability insurance cover advertising injury?

Yes, commercial general liability insurance can cover advertising injury, which includes claims of slander, libel, and copyright infringement related to your advertising efforts.

4.

Does commercial general liability insurance cover personal injury?

Yes, personal injury coverage is typically included in commercial general liability insurance policies. This can cover claims of false arrest, invasion of privacy, or malicious prosecution.

5.

Does commercial general liability insurance cover medical expenses?

Commercial general liability insurance can also cover medical expenses for injuries that occur on your business premises. This coverage can help pay for medical bills for injured parties.

6.

Does commercial general liability insurance cover legal fees?

Yes, commercial general liability insurance typically covers legal fees and defense costs in the event that your business is sued for a covered liability. This can help protect your business from costly legal expenses.

7.

Does commercial general liability insurance cover product liability?

Yes, commercial general liability insurance can cover product liability claims if a product your business sells causes harm to a consumer. This coverage can help pay for legal fees, settlements, and judgments related to product liability claims.

8.

Does commercial general liability insurance cover completed operations?

Commercial general liability insurance can cover claims related to completed operations, such as construction projects or repairs that your business has completed. This coverage can help protect your business from liability for work that has already been finished.

9.

Does commercial general liability insurance cover tenant property damage?

Yes, commercial general liability insurance can cover damage to property that is leased or rented by your business. This coverage can help pay for repairs or replacements if tenant property is damaged due to your business operations.

10.

Does commercial general liability insurance cover contractual liability?

Commercial general liability insurance can also cover contractual liability, which arises from agreements or contracts that your business enters into. This coverage can help protect your business from legal claims related to contractual obligations.

11.

Does commercial general liability insurance cover punitive damages?

In some cases, commercial general liability insurance can cover punitive damages awarded in a lawsuit. However, coverage for punitive damages may vary depending on the terms of your policy and the laws in your state.

12.

Does commercial general liability insurance cover damages from cyber attacks?

Commercial general liability insurance typically does not cover damages from cyber attacks or data breaches. Businesses may need to purchase separate cyber liability insurance to protect against these risks.

In conclusion, commercial general liability insurance is a crucial form of protection for businesses, covering a wide range of liabilities that could threaten the financial stability of a company. By understanding what commercial general liability insurance covers, businesses can make informed decisions about their insurance needs and ensure they are adequately protected.

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