Most businesses should carry general liability insurance, but if your company interacts regularly with the public, you especially should consider this coverage. An independent insurance agent can personalize the coverage to your business.
General liability insurance can play a critical role in managing your risks in a public-facing business that handles products or operates from a physical location.
Hulett Insurance is an independent agency that can assess your specific business needs, identify your risks, and tailor your policy to provide the appropriate safeguards.
Here’s a more in-depth look at how an independent insurance agent personalizes your general liability insurance.
What Is General Liability Insurance?
The uncertainties in business, such as injuring someone outside your company or damaging that person’s property, are risks that could ruin you financially or even force your business to shut down. General liability insurance, also referred to as business liability insurance, guards against such dire outcomes from many kinds of risks.
General liability insurance is coverage that can safeguard your business against:
-
Bodily Injury: On your premises or from your operations
-
Property Damage: To replace or repair someone’s damaged property
-
Advertising Injury: From libel, slander, and copyright infringement
-
Medical payments: For injuries
This type of coverage can also cover claims from injuries or damages from products you sell, along with the legal costs associated with these claims.
How an Independent Insurance Agent Personalizes Your Coverage
Unlike a captive agent, who sells only insurance products from one company, an independent agent represents several insurance carriers. This allows an independent agent to offer you a range of options and potentially find you the best price.
Here’s how an independent insurance agent can benefit you and personalize your general liability insurance:
Assess Your Business Needs
An independent agent will take the time to understand your business and its needs, your industry, and the specific risks you face.
Access Multiple Carriers
Having access to several insurance companies allows your independent agent to select the best fit and pricing for the needs of your general liability coverage.
Provide Advice
Your agent can take the time to explain your coverage and answer follow-up questions you might have down the line.
Customize Policies
By learning about your business and industry, an independent agent can tailor your policy specifically to your business, including any endorsements or riders needed to address unique risks.
Provide Support
Your independent insurance agent is available to support you if you need to adjust your policy, file a claim, or ask a question.
Consulting with Hulett Insurance can help you get general liability coverage that can safeguard the specific risks in your business and industry.
Who Needs General Liability Insurance and When?
Given the broad range of risks that general liability insurance guards against, it is foundational to most small businesses. Contractors, retailers, service providers, and other businesses that have direct contact with the public should consider general liability insurance.
It’s crucial to have general liability insurance for your business location. However, you may also need it since contract work, an office lease, or a professional license sometimes requires it.
Learn More About General Liability Insurance
A lawsuit for an injury or damage claim can create a financial drag on your business or even drain your financial resources and force you out of business. At Hulett Insurance, our independent insurance agency knows business and believes in one-on-one service. We can find you general liability insurance — at an appropriate price — that guards the well-being of your company against its specific risks. Give us a call today.
