For the business owner, fire damage legal liability is included under their commercial general liability policy. However, in order for the insurance policy to pay for fire-related damages, it must be proven that the insured party was directly at fault.

What does general liability insurance typically cover?

General liability insurance policies typically cover you and your company for claims involving bodily injuries and property damage resulting from your products, services or operations. It may also cover you if you are held liable for damages to your landlord’s property.

What is a general liability insurance inspection?

General Liability: This home inspector coverage protects you and your employees form mistakes that can happen on the job, and any resulting lawsuits that your business could be liable for. For example, during an inspection an employee leans against an expensive painting, puncturing it.

Does general liability insurance cover legal costs?

General liability insurance provides coverage for: If a customer is hurt in an accident involving your business, general liability insurance can help pay for medical expenses. It also covers legal expenses if a customer sues over the injury.

Does an LLC need liability insurance?

In general, forming an LLC protects your personal assets from being attached to the obligations of the business. If you don’t have general liability insurance and someone slips and falls in your shop or office, the business may be liable for the costs associated with the injuries they sustain.

Do home inspectors carry errors and omissions insurance?

Errors and Omissions Home Inspector Insurance Most states require home inspectors to carry errors and omissions insurance. However, even if your state does not require it, it is still a good idea to carry errors and omissions insurance.