What Does General Liability Insurance Cover

1
What Does General Liability Insurance Cover?
2
General liability insurance provides coverage for

• Third party bodily injury.
• Third party property damage.
• Product liability.
• Libel, slander, and copyright.

3
Third party bodily injury

• If a customer is hurt on your property, general
  liability insurance can help pay for immediate
  medical expenses or legal expenses if they charge
  your business.
• Example A customer slips on a freshly mopped
  floor and breaks his leg. The doctor's bills and
  time off work add up fast, so the customer sues
  to recoup his losses. Your policy can cover the
  cost of your customer's immediate medical
  expenses, such as the ambulance ride and
  emergency room visit. If a customer refuses your
  assistance and selects to charge at a later date,
  your policy can help cover the cost of hiring a
  lawyer to negotiate and settle the case or take
  it to trial.

4
Third party property damage

• General liability insurance can cover costs to
  repair or replace customer property that is
  damaged in a business.
• Example An employee accidentally falls coffee on
  a client's 4,000 laptop, making it impossible.
  Depending on policy limits, business liability
  insurance can cover some or all expenses
  associated with replacing the damaged laptop.

5
Product liability

• Not all property damage or customer injuries
  happen inside a store. If a business
  manufactures, distributes, or sells products, it
  can be charged over the damage those products
  cause to people or property.
• Example A customer buys and eats a stores
  signature salsa. Shortly after, she falls
  seriously ill and misses three days of work. She
  thinks the salsa is to blame, so she charges the
  salsa business for lost wages. General liability
  policies can typically cover the legal expenses
  associated with product liability lawsuits.

6
Libel, slander, and copyright (advertising injury)

• If someone charges a business owner or employee
  over insult or copyright violation, general
  liability insurance can help pay for claim
  expenses.
• Example An employee at a photography studio
  jokingly tweets that the owner of a competing
  studio is guilty of tax evasion. The tweet goes
  viral, and the owner of the competing studio
  decides to charge for libel. Advertising injury
  coverage in business liability insurance can help
  pay for legal defense expenses and settlement or
  judgment costs when you're charged over
  advertising mistakes.

7

• The IDA provides Commercial Auto and General
  Liability Insurance, Business Formation and Route
  Re-engineering support for large brands.
• For more information visit
• https//www.nationalida.com/