Zack Pittman

What Is General Liability Insurance and Why Does Your Business Need It?

As a business owner, you work hard to build trust with your customers and maintain a professional reputation. But what happens when something unexpected occurs—like a customer injury, property damage, or an advertising mishap? That’s where general liability insurance comes in.

 

At iCOR Solutions, we believe in protecting businesses from the unknown. Let’s break down what general liability insurance is, what it covers, and why it’s an essential part of running a successful company.

What Is General Liability Insurance?

 

General liability insurance is a policy designed to protect your business from financial loss due to third-party claims involving bodily injury, property damage, or personal and advertising injury. It’s one of the most common types of business insurance and serves as a safety net for when accidents or lawsuits happen.

What Does It Cover?

 

General liability insurance typically covers:

  • Bodily Injury: If a customer slips and falls at your place of business and gets hurt, your policy can help cover their medical expenses and any legal fees if they decide to sue.

  • Property Damage: If you or your employee accidentally damage a client’s property while on the job, general liability insurance can help pay for repairs or replacement.

  • Personal and Advertising Injury: If your business is accused of slander, libel, or copyright infringement in an advertisement or promotional content, this policy can help cover legal defense and settlement costs.

Real-World Examples:

  • A customer trips on a loose floor mat in your store and breaks their wrist.

  • An employee accidentally knocks over and damages a client’s expensive equipment during a service visit.

  • Your business uses a marketing slogan that another company claims is too similar to theirs, leading to a legal dispute.

In each of these cases, general liability insurance could step in to cover the associated costs, potentially saving your business thousands—or even millions—of dollars.

Who Needs General Liability Insurance?

 

While every business can benefit from having general liability coverage, certain industries face a higher risk of third-party claims, including:

  • Retail stores

  • Construction companies and contractors

  • Consultants and freelancers

  • Landscaping and cleaning services

  • Restaurants and hospitality businesses

  • IT and tech professionals

If your business interacts with clients in person, performs work on client property, or engages in marketing and advertising, general liability insurance is a smart investment.

How to Get a Quote

 

At iCOR Solutions, getting the coverage you need is simple. Here's how:

  1. Reach out to our team: We’ll learn about your business, its risks, and your specific needs.

  2. Compare customized options: We’ll provide a selection of general liability insurance quotes from top-rated carriers.

  3. Select your policy: Once you choose the right coverage, we’ll help you get set up and insured—fast.

Final Thoughts

 

Accidents and lawsuits can happen to any business, no matter how careful you are. That’s why general liability insurance is more than just a safety net—it’s peace of mind. At iCOR Solutions, we’re here to help you protect what you’ve built.

 

Ready to get covered? Contact iCOR Solutions today to receive your free general liability insurance quote and keep your business protected for the road ahead.