Long-running and complex lawsuits can devastate any business. Owing to the unpredictable business environment in modern times, all entrepreneurs need to be adequately prepared for such risks. Commercial liability insurance is considered the first line of defense against general liability claims that a business may face. These policies are designed to protect business assets when an incident resulting from a non-professional act causes a company to be sued by a third party. Commercial general liability insurance provides coverage against claims for bodily injury, property damage, personal and advertising injury caused to the third party by a business, its product, business operations, or any other activity associated with the company.
Every industry has its particular commercial insurance needs and liability insurance concerns. The commercial insurance department of
Insurance for a business can be complicated. These plans feature a variety of coverage options, including benefits, protection, liability, asset protection, business interruption, property, and more.
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