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Commercial General Liability Basics

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Texas General Liability or Commercial General Liability protects your business in case of a law suite arising from your business.  The insurance information institute defines general liability as  “a broad commercial policy that covers all liability exposures of a business that are not specifically excluded.   Coverage includes product liability, completed operations, premises and operations, and independent contractors”.

The General Liability policy is broken down into the following parts:

General Aggregate is the maximum limit of insurance payable during any given annual policy period for all losses other than those arising from the products and completed operations hazards.

  1. Products Liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause.
  2. Completed Operations Liability insurance provides coverage for bodily injury and property damage rising from completed or abandoned operations, provided the incident occurs away from premises owned or rented by the insured. Many insurance companies include
  3. Premises and operations Liability is the part of the general liability policy that covers an insured for bodily injury or property damage liability to members of the public while they are on his premises.

As with most insurance policies, the commercial general liability insurance policies does not cover everything a business owner could be suied for. Depending upon the type of business you run, each policy contains a set of exclusions. Therefore it is always best to consult a business insurance expert.

About David Berry

David Berry is a Texas Independent Insurance Agent that specializes in finding ways to save his clients money on their auto, home, life, and business insurance. His extensive experience stems from over 15 years in the insurance, finance, and real estate industries. David has held management, sales, and marketing positions with companies including Hilton Reservations, GEICO, Liberty Mutual, and Allstate. To schedule a free insurance consultation, call TXINSURANCEPRO.COM at 214-717-4326.

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