The CGL policy covers three types of liability exposures: premises and operations exposure, products and completed operations exposure, and indirect/contingent exposure.

What is covered under a BOP policy?

A Business Owner’s Policy (BOP) combines business property and business liability insurance into one business insurance policy. These include claims of bodily injury or property damage. They also include claims related to personal and advertising injury.

What is a commercial auto policy?

Commercial vehicle insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto insurance policy.

What is not covered under a BOP policy?

BOPs do NOT cover professional liability, auto insurance, worker’s compensation or health and disability insurance. You’ll need separate insurance policies to cover professional services, vehicles and your employees.

Which is covered by a commercial general liability policy?

Should property be damaged or an injury occurs as a result of work that you have already completed, a commercial general liability policy will also cover claims. For instance, if work you completed was defective and causes an injury, your CGL policy will provide coverage for the claim.

What kind of insurance do you need for general liability?

Your general liability insurance can help cover claims up to the coverage limits in your policy. Be aware that general liability insurance doesn’t cover everything. For some claims, you’ll need different types of liability insurance to give your business more protection.

What are the different types of CGL insurance?

Key Takeaways. Commercial general liability (CGL) is a form of comprehensive insurance that offers coverage in case of damage or injury caused by a business’ operations or products, or on its premises. There are two types of CGL policies—a claims-made policy covers claims regardless of when the event took place,…

What makes up the ISO general liability policy?

The basis of the ISO liability policy is the Commercial General Liability Coverage Form or CGL. This form provides three separate coverages: This article focuses on Bodily Injury and Property Damage Liability. Personal and Advertising Injury Liability and Medical Payments coverages are addressed separately.