Liability claims are devastating to businesses both large and small, so it is important to have standard protection. One claim against your business can wreck a financial hardship that might have you closing your doors for good.
General Liability Insurance is also known as Commercial General Liability (CGL). This is a common policy that protects almost every business. It can maintain your safety as an owner and the safety of your customers. Your CGL policy protects you if someone sues for property damage or bodily injury. This policy can be standalone or bundled into a Business Owners Policy (BOP). A BOP adds coverage. It can range from the computers and desks to the dwelling you rent. This policy is not required by law, but it is an incredibly useful policy to keep.
To protect your business and the items with which you operate it , a business owner is making a smart decision to purchase a CGL or a BOP insurance policy.