General Liability. What is it? What does it cover? If you own a business, general liability is an absolute necessity. General Liability covers negligent acts which cause injury to employees or clients. This is incredibly important, as one simple accident can set you back thousands of dollars and an injury can keep you out of work for several months.
Here at Penny-Hanley, we hear from concerned customers all the time looking to cover themselves in case of an unforeseeable accident. If you already have General Liability, you may want to make sure that your coverage is sufficient. Underinsured business owners should look into increasing their coverage to around $1,000,000 per occurrence and $2,000,000 aggregate. This means that for each costly mistake, your insurance company will pay out one million dollars, while still covering you with another million in case of another accident. This may seem like more than enough, but bills add up VERY quickly.
Don’t let an accident destroy the business you worked so hard to create. Contact one of our agents at 860-684-2721 for more information or simply visit our website for a quick quote.