When it comes to business insurance, there are some areas that you need to fully comprehend to ensure you know exactly what situations are covered. One such area is that of general liability insurance in California. In a nutshell, general liability insurance is in place to protect you and your company if you are sued under certain circumstances. There are many areas of your business that may at times be at risk for different reasons.
Let’s look at some of them:
• Bodily injury and property damage liability – this generally applies to any damage caused by your business, products, employees or anything associated with your business being the cause of damage or injury to persons or property where it is claimed you are liable for compensatory damages
• Personal liability – this is where actions result in a person’s character position or reputation are harmed by slanderous or libelous statements
• Medical payments – covering medical costs of persons injured or harmed while at your premises due to your company’s operations
• Rented premises legal liability – if your actions cause damage to the rented or leased premises your business is conducted from.
While this is a general description highlighting the need for general liability insurance in California, it is advisable to speak to your insurance agent for detailed criteria on what is covered and not covered. Then, you can tailor a policy to your needs correctly.