General Liability Insurance in Sherman, TX
Small businesses face numerous risks daily that could lead to significant financial losses. General liability insurance is a fundamental and essential policy that may address many common risks.
What Is General Liability Insurance?
General liability insurance may cover third-party claims involving bodily injury, property damage and personal injury (such as libel, slander or copyright infringement). If someone sues your business for these types of incidents, general liability insurance may cover legal defense costs, settlements and judgments up to your policy limits.
Suppose a delivery person trips over equipment at your workplace and sustains an injury. In that case, general liability insurance may pay for their medical expenses and your legal costs if they decide to sue. Similarly, if your employee accidentally damages a client’s property while performing services, your general liability policy may cover the repair or replacement costs.
Who Is Covered Under a General Liability Policy?
Standard general liability policies typically cover the following people:
- Business owners
- Employees while performing work-related duties
- Contracted workers (in some cases)
- Corporate directors and officers
- Business partners
Your policy may also extend coverage to those working on behalf of the business in an official capacity.
Who Needs General Liability Insurance?
While beneficial for most businesses, general liability insurance is primarily popular in the following industries:
- Retail businesses with physical locations that customers visit
- Contractors who perform work on client properties
- Service businesses that interact with clients or their possessions
- Manufacturers whose products could potentially cause harm
- Home-based businesses that have clients visiting or deliveries occurring
- Any business that advertises or markets its services
Secure a Policy Today
Contact AeroMex Insurance today to discuss general liability insurance options that address your business risks. Our team in Sherman, Texas, is ready to help you find optimal financial protection for your business.