General Liability

Commercial General Liability (CGL) Policy — a standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability. General liability will help cover third party medical bills, work time missed, damage repairs and damage replacement. It will also help pay for judgments and damages you owe to the person suing your business.

Examples:
Bodily Injury Claims
The owner of a home you’re remodeling stops by to see all the progress that you’ve made when she trips over the cord of a power tool left out by one of your workers, hurting her wrist and hitting her head, hard.

Property Damage Claims
One of your employees is backing your work truck into a client’s driveway to offload some materials. When he accidentally hits the gas pedal instead of the brakes, the truck zooms backward across the driveway and crashes through the living room. Unfortunately, the owner had only contracted you to remodel her master bed and bath. Opening up her living room was not part of the contract. It may have been an accident, but this property damage is going to cost you.