Are you purchasing business insurance?
Want to know the difference between general liability coverage and product liability?
General Liability
General liability insurance is designed to protect businesses from third-party claims
of bodily injury, property damage, or personal injury. This policy typically covers legal fees, medical
expenses, and damages awarded in a lawsuit.
Product Liability
In contrast, product liability is designed to protect business
customers and the general public from injuries caused by a defective product or a completed operation such as a renovation. These laws affect businesses that make a product available to the public.
All are incredibly vital to any industry and any size. When searching for business insurance, you are looking at your limits and ensuring your limits are sufficient for your level of exposure. Contact us today to learn more.
