What is excluded from a commercial general liability policy?

Commercial general liability (CGL) insurance is essential for businesses to protect themselves from various risks and liabilities. However, it is important to be aware of what is excluded from a commercial general liability policy. This knowledge can help business owners understand their coverage limitations and ensure they have the appropriate additional insurance in place to cover any gaps.

What is excluded from a commercial general liability policy?

**There are several common exclusions in a commercial general liability policy that businesses should be aware of:**

1.

Damage to Your Property

CGL policies typically do not cover damage to your own property. For that, you would need commercial property insurance.

2.

Professional Services

Professional liability insurance is needed to cover claims related to professional services, such as errors and omissions.

3.

Auto Accidents

If your business vehicles are involved in an accident, you would need commercial auto insurance to cover any damages or injuries.

4.

Employee Injuries

Workers’ compensation insurance is necessary to cover medical expenses and lost wages for employees injured on the job.

5.

Intentional Acts

CGL policies typically do not cover intentional acts, such as fraud or criminal activities.

6.

Product Liability

Product liability insurance is necessary to cover claims related to products sold or manufactured by your business.

7.

Pollution

Pollution liability insurance is needed to cover claims related to environmental damage or contamination caused by your business.

8.

Data Breaches

Cyber liability insurance is essential to cover expenses related to data breaches and cyber attacks.

9.

Contractual Liabilities

Liabilities assumed under a contract are typically excluded from CGL policies and may require separate coverage.

10.

Employment Practices

Employment practices liability insurance is needed to cover claims related to workplace discrimination, harassment, or wrongful termination.

11.

War and Terrorism

Acts of war or terrorism are generally excluded from CGL policies and may require specialized coverage.

12.

Nuclear Incidents

Nuclear accidents or incidents are typically excluded from CGL policies and would require specific insurance coverage.

Understanding these exclusions can help businesses assess their insurance needs more accurately and ensure they have comprehensive coverage for all potential risks. It is crucial to work with an experienced insurance agent or broker to tailor a coverage plan that addresses exclusions specific to your business and industry. By doing so, you can protect your business from unforeseen liabilities and financial losses.

Dive into the world of luxury with this video!