General Liability Insurance in Pembroke Pines, FL
Responsible businesses must account for many risks and exposures. Incidents in which your company is potentially liable for another party’s losses may be particularly consequential, as they may result in costly lawsuits and significant financial repercussions. Given these stakes, your organization should prioritize purchasing and maintaining suitable general liability insurance.
What Is General Liability Insurance?
General liability insurance, also known as commercial general liability, primarily focuses on financially protecting your business from incidents involving third parties, such as guests, customers and passersby. While the exact details of your policy may vary, general liability policies can typically come to your aid in the following situations:
- Bodily injuries—This part of general liability coverage may help pay for third-party medical costs and financial losses should you be at fault for an incident that injures someone.
- Property damage—This policy component can compensate affected parties should you be liable for an incident in which their property is damaged.
- Personal and advertising injuries—This coverage can financially protect your company from losses should you be accused of inflicting personal injuries or reputational harm, such as via slander or libel.
How Much Does Commercial General Liability Insurance Cost?
General liability insurance quotes are typically determined by analyzing your business’s risk levels and unique circumstances. When seeking a commercial general liability policy, your company should expect the following criteria to be considered:
- Industry
- Location
- Workforce size
- Years in business
- Previous claims
- Coverage limits
Where to Get General Liability Coverage?
Working with qualified insurance professionals, such as the team at Adan Financial Services, can ensure your business finds the right commercial general liability coverage. Our agents proudly serve the Orlando, Naples, Miami, Jacksonville and Hollywood, Florida, areas. Contact us today to learn more about your needs and options, or to get a personalized quote.