General Liability Insurance in Streamwood IL
Every business faces risks—general liability insurance can help protect yours from the financial fallout of unexpected claims. If you’re unsure how much coverage your business may need, Ramos Insurance is here to guide you.
What Is General Liability Insurance?
General liability insurance may provide small businesses financial protection from claims of property damage, bodily harm and advertising injuries. If you’re held liable for damages, this policy may cover your business’s legal and medical expenses to a third party.
What General Liability Insurance Covers
General liability coverage may vary depending on the insurer, but a standard policy may offer the following:
- Bodily injury liability may pay for the medical expenses of a third party who got injured while on your business premises.
- Property damage liability may cover expenses if you’re held liable for damage to another property.
- Advertising injury liability may cover your legal expenses if your business gets sued for libel, slander or copyright infringement.
How Much is General Liability Insurance?
The cost of a general insurance policy may be based on several factors. Insurers may use the following criteria when calculating your rate:
- The location of your business
- The industry your business is operating in
- The type of business that you own
- The number of employees that you have
Where to Get General Liability Insurance
Contact Ramos Insurance today to learn more or request a personalized quote.