General Liability Insurance
Definition
A type of insurance that protects businesses from financial loss due to injury, property damage, or lawsuits.
What is General Liability Insurance?
This insurance covers claims related to bodily injury, property damage, personal injury (e.g., libel), and advertising injury. It’s essential for any employer facing public exposure or client-facing services.
Why is General Liability Important for Employers?
General liability insurance helps businesses stay protected from potentially significant out-of-pocket costs from:
- Employee accidents
- On-site customer injuries
- Legal claims of negligence
FAQs
What does general liability insurance cover?
It typically covers third-party claims involving bodily injury, property damage, and personal or advertising injury (e.g., libel or slander).
Is general liability insurance required by law for employers?
While not always legally required, it is strongly recommended and sometimes mandated by landlords, clients, or industry regulations.
How is general liability insurance different from workers’ compensation?
General liability covers third-party claims, while workers’ comp covers injuries to employees sustained on the job.
How ExtensisHR Can Help
We help you access general liability insurance through our PEO model. Our team:
- Offers primary and secondary liability coverage, as well as workers’ comp and EPLI
- Assists with claims management
- Advises on risk-reduction policies and training