Essential Protection for Any Business
If there is one type of insurance coverage that your business should have plenty of, that is general liability coverage. This type of insurance protects a business in the event that it is sued (ie: held liable) for injuring someone, directly or indirectly, or causing damage to someone’s property. General liability insurance protects you against the following situations:
- Accidents that happen at your place of business and result in personal injury or property damage;
- Accidents, injuries, or property damage that occurs as a consequence of using products or services that you sell;
- Libel and slander lawsuits.
Whether or not your business actually is at fault in the allegations is beside the point. General liability insurance protects you if you are justifiably, or falsely, accused of wrongdoing. Any individual or business who has had the misfortune of being sued can attest to the fact that defending against a lawsuit can get very expensive very quickly thanks to attorneys’ fees and court costs. General liability insurance policies also can be crafted to cover some or all of these costs regardless of whether or not the suit is successful. We’ll go over that when we provide you with a custom quote.
How Much is Enough?
The amount of general liability insurance that your business needs depends on large part on what industry you are in, what your business does, and what the risks are that you’ll be sued for injury or property damage. That’s where JVM Insurance comes in — we’re trained to know not only what degree of liability coverage you may be required to have, but also to identify your level of risk. We’ll make sure that you have sufficient coverage to protect you in the event of a lawsuit — but that you are not paying for more coverage than you realistically need.