Commercial liability insurance, also known as general liability insurance, is a type of insurance coverage that provides protection to businesses against financial loss due to liability claims or lawsuits.It provides coverage for damages and legal expenses arising from bodily injury, property damage, personal injury, and advertising injury caused by the business's operations, products, or services.
Commercial liability insurance covers a wide range of risks that businesses face in their day-to-day operations, including slip and fall accidents, product liability, professional errors, and copyright infringement. It can also provide coverage for damages caused by employees or contractors working on behalf of the business.
Having commercial liability insurance is essential for businesses of all sizes and industries, as it can help protect them from devastating financial losses and lawsuits that could put them out of business. The amount of coverage needed will vary depending on the type of business and the level of risk involved.
It's important for businesses to work with a trusted insurance agent or broker to assess their specific needs and select the right coverage options for their business.
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Leslie B Holmes (Securities) Ltd Trading as LBH Insurance, is registered as a limited company in England and Wales under company number 00473495.
We are authorised and regulated by the Financial Conduct Authority (FCA)reference number 310578.
