General Liability Insurance in Orlando

When you run a commercial business in Florida, you’ve probably heard that general liability insurance is a must. This type of insurance protects your assets by  paying for certain obligations on behalf of your company. For instance, if an employee or customer slips and falls on your premises, then general liability insurance will pay for:
•    The injured person’s medical costs.
•    Your legal costs.
•    Settlements if you are sued.

General liability can also protect you against any liability caused by fires and other property damage when you rent a store or commercial office. It can cover claims related to false advertising, copyright infringement, and libel, as well.

The amount of general liability coverage will depend on your business and the risk that comes with it. For instance, builders will need more insurance coverage than marketing consultants in an office.

Here are a few smart reasons why your Florida business needs general liability insurance:
•    Paying for legal costs when sued for damages can cost you hundreds of thousands of dollars on your own.
•    The cost of medical expenses for a person falling on your business premises can significantly eat into your bottom line.
•    Damage from fires and natural calamities could set your business back thousands of dollars.

The idea behind general liability insurance is to take away the monetary risk posed to your business for circumstances beyond your control. Liability coverage gives you peace of mind knowing you can run your business without worrying about losses and damages. Cushioning your business against these risks with Florida business insurance will allow you to run your operations in a stress-free environment.