A Commercial General Liability (CGL) policy protects your business from financial loss due to injuries and accidents that occur during the course of business activities. If you or your employees cause property damage or personal injury while on the job, commercial insurance can safeguard your business. At Mutual Insurance Partners in Follansbee, WV, our team of experienced agents takes the time to explain the intricacies of commercial insurance policies. Choosing the right one for your business can also help you stay afloat in the event of a lawsuit or business interruption.
How Commercial Insurance Works
Do you need examples of scenarios where business insurance may pay for medical and legal expenses? Let’s say a customer trips on loose flooring in your business and injures their leg or an employee of your construction company leaves the water running, causing damage to a customer’s home. Alternatively, a competitor may sue you for copyright infringement or slander. With the right liability coverage, you can pay your legal bills without dipping into business reserves or your personal savings.
Commercial insurance typically includes bodily injury and property damage. However, it doesn’t stop there. You can also include commercial auto coverage and umbrella insurance to extend your business insurance portfolio. Separate policies such as pollution liability or cyber insurance expand your coverage to assist with risks specific to your industry. Do you have questions about other hazards related to your small or medium-sized business? Talk to your agent to strategize on the best way to protect your assets without disrupting your business.
Reach Out To Us
It’s a great idea to review your current business insurance policy for potential gaps. Our experienced insurance pros can upgrade your policy to fully protect your commercial assets. Contact one of our helpful agents at Mutual Insurance Partners in Follansbee, WV to get a free quote today!
