Do some industry research before buying your policy, and remember that some clients may require that you carry a particular amount
of general liability insurance coverage before you can even work for them.
Additional insured is a type of status associated
with general liability insurance policies that provides coverage to other individuals / groups that were not initially named.
Every business should carry
general liability insurance as it protects the business from property damage, bodily injury, advertising injury, environmental impact, and personal injury claims.
Most common
on general liability insurance policies, businesses may ask contractors or consultants working in their facilities to add the business as an additional insured on the contractor's policy.
While general liability insurance provides coverage against bodily injuries and property injuries; professional liability insurance provides coverage against negligence, errors and omissions.
In order to get the best commercial
general liability insurance deals, you'll want to review your policy once a year and compare it with other types of coverage on the market.
You as the contractor and having
general liability insurance covers the legal fees that can occur if legal fees ever pop up and could usually cause a bankruptcy to a small contractor.
The best way for every type of business to save
on general liability insurance is to maintain a favorable loss history — this means filing few or no claims.
Commercial
general liability insurance coverage protects you, your business and your employees from claims involving bodily injury or property damage, up to the limits of your policy.
(b) documentation of the licensee's errors and omissions insurance and comprehensive
general liability insurance for the term of the licence of the licensee, if the licence includes the condition referred to in section 7.1 (b).
Phrases with «general liability insurance»