Comprehensive general liability insurance refers to a business insurance policy that provides coverage for customer injuries, customer property damage, and lawsuits related to both.

What is the difference between general liability and builders risk?

Builder’s risk insurance covers the contractor’s materials, equipment and property related to the building being constructed. Contractor’s general liability will cover risks with regards to any bodily injuries or property damage. It does not cover the contractor’s property or equipment.

What are the limits for general liability insurance?

Most small business owners that purchase general liability through Insureon choose a $1 million / $2 million policy. This includes: $1 million occurrence limit. While the policy is active, the insurer will pay up to $1 million to cover any single claim. $2 million aggregate limit.

How much does comprehensive general liability insurance cost?

Comprehensive general liability insurance protects your business from lawsuits with rates as low as $27/mo. Get a fast quote and your certificate of insurance now. Below are some answers to commonly asked comprehensive general liability insurance questions: How Much Does Comprehensive General Liability Insurance Cost?

What’s the maximum amount of insurance I can get for my business?

Helps pay for property damage to premises you rent for your business. Limit: Equal to Liability and Medical Expenses limit, but a maximum of $1 million. Keep in mind that these coverages only help protect your business up to the liability limits of your specific policy. Your liability policy also likely includes aggregate limits.

How much does a small business insurance policy cost?

The Small Business Association says the cost for a small business general liability policy usually ranges from $750 to $2,000 annually or approximately $60 to $170 per month.