When it comes to New York Business Insurance, a general liability policy offers some of the most comprehensive coverage in the industry. This type of policy can prevent your company from being held liable in the event of an accident or oversight. There are many different benefits of general liability insurance, but here are two of the most common.
If your business performs a service that involves the altering a client’s personal property, you may want to consider purchasing New York Business Insurance. Property damage is a leading cause of lawsuits, but a general liability policy can protect you from being held financially responsible. There is no way to ensure that property damage never occurs, so this type of insurance is especially useful for construction and utility companies.
In the event that a client or customer is injured on your property or by your services, general liability can protect you from enduring a devastating financial loss. Depending on the severity of the injury, a client’s medical bills can easily rise into the hundreds of thousands, not including litigation costs. When you purchase New York Business Insurance, you will be covered if this happens to you.
General liability insurance is a great way to cover all of your bases. It covers a variety of unforeseen events and gives you a peace of mind at the same time. If you own your own business, you should definitely consider purchasing a general liability policy.