Commercial General Liability in Phoenix, AZ and the surrounding metro area

Accidents happen, especially in businesses. While most of these can be quickly taken care of, some accidents may take a lot more time and money to resolve. Small businesses don’t always have the finances to come back from a lawsuit of millions of dollars.  

General liability insurance is designed to cover accidents that occur on the business property. It can help a business carry the burden of a lawsuit and other expenses related to an accident.  

Horizon Insurance Agency works with business owners across multiple industries to find and adjust general liability policies for their business. Protect your business today by calling us or filling out an online form for a free quote today.  

Common General Liability Insurance Questions  

Do I Need General Liability Insurance?  

Everyone needs general liability insurance. The same goes for businesses. Accidents can happen anywhere at any time, even in the most unexpected ways. A sudden lawsuit can ruin a business that’s not prepared. General liability insurance helps lessen the burden that comes with accidents such as this.  

How is General Liability Insurance Defined?  

General liability insurance is a type of insurance that covers lawsuits and accidents related to non-professional negligent acts.   What Does General Liability Insurance Cover?  

General liability insurance covers three main areas:  

 

• Bodily Injury: This covers medical expenses as well as legal fees related to a third-party injury on the property.

• Property Damage: This covers incidents of property damage that occurs out of everyday business activity.

• Personal/Advertising Injury: This coverage covers personal and advertising injury such as libel, slander, copyright infringement and invasion of privacy.

 

How Much General Liability Insurance Do I Need?  

Most general liability policies begin at $1 million, but your business may need higher limits, depending on the likelihood of lawsuits, size of the business and nature of potential lawsuits.  

How Does General Liability Insurance Work?  

General liability insurance protects both the business and victims in the event of an accident that results in bodily injury, property damage, and personal or advertising injury. The policyholder pays monthly or yearly premiums for coverage. When a claim is filed and approved, the policyholder will receive compensation for certain expenses related to the incident.  

How Much Does General Liability Insurance Cost For A Business?  

General liability insurance prices vary depending on location, the size of the business, the claims history and industry, the deductible and applicable coverage limits. For a $1 million policy, businesses may pay between $300 and $1,000 a year for general liability insurance. 

Who Does General Liability Insurance Cover?  

General liability insurance covers the business and its employees, as well as any victim of a general liability accident.