General Liability Insurance in Escondido, CA
General liability Insurance, also known as “commercial liability insurance” is a broad commercial insurance policy that covers general liability exposures of a business. Coverage typically includes product.
What you need to know about commercial liability insurance
Take a look at the list below for additional general liability coverages that are often available.
Professional Liability Insurance (Errors & Omissions)
Errors & Omissions (E&O) covers professionals for negligence and errors or omissions that injure their clients or cause damage to a third party’s data. This type of insurance is particularly important to licensed professionals such as accountants, attorneys, insurance agents, architects, engineers and technology companies.
Employment Practices Liability Insurance (EPLI)
Employment Practices Liability Insurance for employers covers employment-related liabilities other than on-the-job injuries. This can include legal fees and damages for suits such as wrongful termination, discrimination, sexual harassment, and other alleged violations of employees’ legal rights.
Directors and Officers Insurance (D&O)
D&O covers directors and officers of a company for negligent acts or omissions and for misleading statements that result in lawsuits against the company. There is a variety of Directors and Officers coverage available such as corporate reimbursement coverage, personal liability, and entity coverage. D&O policies may be broadened to include coverage for employment practices liability as well.
Contact our office today for a quote on a general liability insurance policy.
Frequently Asked Questions about General Liability Insurance
Who needs general liability insurance?
Most businesses should carry a general liability insurance policy to protect them from the various types of lawsuits regarding injury as well as to cover attorney’s fees.
Do all businesses need a general liability insurance policy?
If you are in business, you should carry a general liability insurance policy. There are few businesses that would not need it, but in general, it is a good idea.
How much does general liability insurance cost?
The cost of general liability insurance varies on the type of business you are in, how many employees you have and other business specifics. To get an accurate idea of what the cost of general liability insurance is, contact an agent in our office for a quote.