What Does General Liability Cover?

Manhattan Liability insurance covers a variety of injuries, property damage, and other potential occurrences at your company. Examples comprise:

 Injuries you create in others as a result of an accident

 Destruction of another person's property

 Contractual responsibility

 Insurance for your goods

 Publicity and personal injury protection

 Pollution

 Payments for urgent medical care

 Electronic information and cyber risk

 Claims that your workers have brought against you

Do We Need General Liability Insurance?

General liability insurance isn’t legally required, so you don’t technically need it.

Every firm should carry commercial liability insurance, and the majority of businesses do, regardless of whether you are a corporation, LLC, partnership, non-profit, or sole proprietor operating under your own name.

How Much Does General Liability Cost?

The limits, deductibles, and optional coverage you choose will determine the cost of your insurance premiums, which are usually determined by the type of business you have, the industry it is in, the location, the annual sales, the payroll, the square footage of the premises, and even the average number of visitors or attendees at the business.

What if someone is asking for My Proof of Liability Insurance?

You can give them a certificate of insurance as proof that you are covered (COI). This one-page paper lists the insurance coverage you have.

For More Information

IGM Brokerage Corp. offers general liability insurance for businesses located in the Bronx and the rest of the tri-state area. General liability insurance is important to have because it protects your business in the event that you are sued. You can purchase a stand-alone general liability policy or it can be part of a package that includes Property Insurance.