General Liability Insurance Policies

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General Liability Insurance

As an independent insurance agency, Tatum Insurance understands the importance of general liability insurance for your company. Businesses require different kinds of insurance coverage for protection in the event of an accident, disasters or legal matters. General liability insurance is meant to offer coverage for basic liabilities which includes injury-related lawsuits. Our team of professionals will educate you about insurance for your business.

General Liability Insurance Coverage Types

A general liability insurance policy is also known as commercial general liability. It provides coverage for injured customers, damage to other people’s property, and it may help to pay for medical expenses. This insurance policy will also help cover the cost of claims against your company for the following:

• Third-Party Bodily Injury
• Third-Party Property Damage
• Advertising Injury Claims
• Reputation Harm

Third-Party Bodily Injury

If someone is hurt on your business premises, he/she can make a bodily injury claim against your company. For instance, a person delivering a package slips on slippery floor tiles and fractures their arm in your accounts office while delivering a package. This insurance policy may help cover the cost of bodily injury claim the person may make against your business including medical payments.

Third-Party Property Damage

If your employee causes damage to someone else’s property, you may be faced with a third-party property claim. For example, your employee causes damage to someone else’s property while doing business. The damage may be done to an actual building, or an item owned by another firm. Third-party property damage may help cover the cost of property damage claims against your business.

Advertising Injury Claims

Any verbal or written communication which causes harm to another company in the course of running a business is covered under general liability insurance policy. Advertising injury claims involve offenses committed by a company while advertising its services, products, or goods.

The injured party typically suffers financial loss. For example, your business may publish an advert that disparages another business, causing damage to its reputation. Your advert causes the company to lose clients, and your firm is sued for compensatory damages to recover lost income.

General liability insurance guards your business from advertising injury claims and deals with them on your behalf. Advertising offenses which may be covered under a general liability insurance policy include:

• Libel
• Slander
• Infringing on Another’s Copyright
• Using Another’s Advertising Idea
• Invasion of Privacy

Reputation Harm

A business may claim that your company has harmed their reputation. For instance, you may be at a business interview on the radio and you are asked about competition in your industry. One of your competitors listens to the discussion and claims that your firm harms their reputation. A general liability insurance policy may cover the cost to resolve allegations of slander and libel against your firm.

If you need insurance for your organization our headquarters is in Scottsdale, AZ, but our staff and agents are licensed in multiple states across the country.