General Liability Insurance
Business Insurance Quotes for Missouri and Kansas
What is General Liability Insurance?
General liability insurance is an important type of business insurance that provides protection for your company against a range of liabilities. It helps to protect your business from financial loss caused by legal claims, third-party injuries, or any other unforeseen circumstances related to the activities of your business. General Liability Insurance can be purchased in Missouri and Kansas to provide coverage for businesses of all types, including contractors, lawn care companies, electricians, plumbers and many more professions.
Who needs general liability?
Anyone that owns a business providing service needs general liability insurance to protect their business from third-party claims of bodily injury or property damage. This includes businesses in Missouri and Kansas, such as contractors, architects, pest control services, retail stores, schools and many others that offer services or products.
General liability coverage is a key component of any commercial insurance policy.
Is general liability insurance required by law?
No, but any business is putting themselves at risk by not having it. Without general liability insurance, a business could be exposed to costly legal and medical expenses that could easily put them out of business if an accident or injury occurred on the premises. That’s why it’s important for businesses in Missouri and Kansas to have comprehensive commercial insurance coverage that includes general liability protection.
What does general liability cover?
General liability insurance provides coverage against a variety of risks to business owners in Missouri and Kansas, such as bodily injury, property damage, personal injury (such as slander or libel), advertising injury claims, and medical payments. This coverage can protect your business in the event that you are sued due to an incident related to the operations of your company. In addition, general liability insurance can help with the costs associated with defending and settling any legal claims that may arise.
It is important to note that every business has unique needs when it comes to insurance, so making sure you have the right coverage for your specific situation is essential.
If you own a business in Missouri or Kansas, investing in general liability insurance can be an invaluable asset.
Does general liability insurance have a deductible?
Yes, like most insurance policies general liability insurance in Missouri and Kansas have deductibles. The amount of the deductible will depend on the individual policy and may range from $250 to thousands of dollars. It is important to note that the larger the deductible, the lower the premium will be but also the more risk a business takes on if they need to make a claim.
What is not covered by general liability?
General liability does not provide coverage for your mistakes or poor workmanship. In addition, it does not cover any intentional acts or criminal activities and may not provide coverage for property damage to your own business. It also does not cover personal injuries involving employees, such as workers compensation.
For these types of protections and more, Missouri and Kansas businesses should consider additional policies like, worker’s compensations insurance, E&O (Errors & Omissions) and professional liability insurance. These commercial policies are designed to provide broader protection against these risks.
Cost of not having general liability insurance
By not carrying general liability insurance, an accident like someone falling on your premises can be exorbitantly expensive. If the injured party decides to take you to court and win, they could be awarded a significant amount of money in damages. In Missouri and Kansas, this can lead to hundreds of thousands of dollars in costs for both medical care and pain and suffering, as well as legal fees that would need to be paid out.
The type of businesses we can cover under general liability insurance
At Bargain Insurance Connection, we offer general liability insurance for a variety of businesses:
- Lawn Care Companies
- Plumbers, Electricians and HVAC companies
- Beauty/Nail Salon/Barber shop
- Janitorial Services
- Special Events and more
What determines the cost of general liability insurance?
The cost of general liability insurance depends on several factors, including the size of your business and its operations, your location (Missouri or Kansas), and the type of industry in which you operate. The number of employees and subcontractors associated with your business can also affect premiums. Additionally, the limits of coverage that you select can have an impact on general liability insurance rates.