Commercial General Liability insurance, commonly referred to as a CGL policy, is the most important insurance coverage a business owner can have. This insurance coverage ensures that the business, and business owner, is protected in the event of injury to a person, or property damage caused by the insured, in an area associated with the business.
The commercial general liability policy includes various different coverages as follows:
Bodily Injury and Property Damage Liability – For example, if a client slips and falls on your property because you did not salt or sand properly, or you are plowing a client’s property and cause damage to part of the property, these things would be covered under this policy coverage.
Personal Injury Liability – This coverage includes coverage for false arrest, wrongful eviction of a person from your property, or oral slander or libel. For example, if you wrongfully detained someone on your premises because you believe they were stealing on ...