{"id":1117,"date":"2023-10-29T20:54:33","date_gmt":"2023-10-29T20:54:33","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=1117"},"modified":"2023-10-29T20:54:54","modified_gmt":"2023-10-29T20:54:54","slug":"commercial-general-liability-insurance","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/business-insurance\/commercial-general-liability-insurance\/","title":{"rendered":"Commercial General Liability Insurance: Cover, Cost & Best Practice"},"content":{"rendered":"

CGL insurance, or commercial general liability insurance, shields businesses from lawsuits filed by victims of accidents they are alleged to have caused. General liability insurance or commercial liability insurance are other names for this protection. In this article, we will tell you what commercial general liability insurance is, its coverage, price, commercial general liability insurance in New York, California, and commercial general liability insurance for small businesses.<\/p>

Commercial General Liability Insurance<\/span><\/h2>

Businesses can protect themselves against financial loss resulting from lawsuits filed by victims of accidents or injuries on their premises or caused by the company’s operations or goods with commercial general liability (CGL) insurance.<\/p>

Although it does not protect against every possible loss, a business should have commercial general liability insurance.<\/p>

Commercial General Liability Insurance Coverage <\/span><\/h2>

A CGL insurance policy will often cover the costs of your legal defense as well as all damages if you are held liable\u2014up to the policy limits. CGL coverage is one of the most important insurance products because of the devastating effects a lawsuit may have on a business and the prevalence with which such liability claims occur. Standard commercial general liability insurance coverage includes:<\/p>

#1. Coverage A: Bodily Injury and Property Damage Liability<\/span><\/h3>

Coverage for bodily injury and property damage protects against losses caused by an insured person being legally responsible for another person’s harm or damage to their property that happened because of careless actions they took outside of work or because of their business operations or premises. Mental injuries and emotional distress can be just as real as physical wounds, even when there are no visible signs of physical damage.<\/p>

Workers’ compensation and employment practices liability insurance are not included but can be acquired separately. Furthermore, pollution liability is omitted and might be added as an endorsement.  However, the scope of this coverage is limited, so high-risk businesses should look into purchasing additional environmental liability insurance. <\/p>

 Other risks, such as liquor liability, professional liability, and others, may also be excluded. If you need help figuring out whether endorsements apply to your company, go to your insurance agent.<\/p>

#2. Coverage B: Personal and Advertising Injuries<\/span><\/h3>

Personal injury and advertising injury liability shield an insured person from being responsible for certain crimes, such as<\/p>