The Most Important Type of Insurance for Businesses
Most small businesses face liabilities almost every day. With countless injuries, accidents and mistakes it’s a good idea to seek a coverage plan that provides safety. The best way to ensure your assets are protected is to invest in exceptional general liability insurance in New York. This is the first line of defense against many of the biggest financial claims that could hurt your company.
If your business can only afford to purchase a single insurance policy right now, then general liability is probably your best bet. It covers four main categories:
- Bodily injury
- Advertising injury
- Property damage
- Personal injury (such as libel or slander)
If your business is sued or a lawsuit is brought against you then general liability will also usually cover the related expenses and the settlement. Even if the claims brought against you were fraudulent.
If your business needs to be protected against more than injuries, accidents or damages then it may be a good idea to speak with your insurance agent about additional policies. These can be combined with your general liability insurance in New York to provide a full range of coverage for your assets.
Keep your business safeguarded against a number of claims or accidents that may occur by investing in general liability insurance in New York. Speak with an insurance agent today to hear your options.