{"id":839,"date":"2023-01-21T21:21:42","date_gmt":"2023-01-21T21:21:42","guid":{"rendered":"https:\/\/www.centinelainsurance.com\/?page_id=839"},"modified":"2023-02-12T00:02:27","modified_gmt":"2023-02-12T00:02:27","slug":"general-liability-insurance-cost","status":"publish","type":"page","link":"https:\/\/www.centinelainsurance.com\/?page_id=839","title":{"rendered":"General Liability Insurance Cost"},"content":{"rendered":"\t\t
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Business Insurance<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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General Liability Insurance Cost<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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General liability insurance, also known as commercial or business liability insurance, is a base level of coverage that is commonly held by small and large businesses alike. This basic level of insurance is made to cover the cost where you may need insurance the most, thus making it the standard across all industries.<\/p>

Insurance companies cover several forms of injury and property damage under general liability insurance which can help small business owners cover claims they may not have expected.<\/p>

To learn more about the cost involved to protect your business, keep reading our article below.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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How much coverage is enough?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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This is the first question business owners who are new to the insurance market ask. Because more coverage means higher annual fees, companies want to get just the right amount of coverage so their premiums stay low but don’t have gaps in the event a claim is filed.<\/p>

Most organizations opt for $500,000 to $1,000,000 in general liability insurance coverage. This level of coverage tends to be plenty for most companies, but higher risk industries usually want to obtain more coverage.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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What does general liability?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Before getting into a conversation about what different levels of insurance might look like for your specific business (and what will influence the cost), let’s first take a look into what general liability insurance actually is.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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General liability insurance covers a wide range of problems that could come up while operating your business, such as<\/strong><\/em>:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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