It only takes a single claim to destroy your business, so you need to have adequate coverage from a highly rated insurance agency.
General Liability Insurance (also known as CGL, short for Commercial General Liability) is the simplest form of commercial liability coverage.
Dumbaugh Insurance can help pair your business with the best possible provider and pricing.
Is General Liability Insurance Required to Run a Business in Mount Vernon, Ohio?
Most states, including Ohio, require businesses to have active insurance coverage. Other companies you do business with often require a certificate of insurance before you can begin work with them.
Simply put, General Liability coverage is not optional — it’s mandatory.
What Does General Liability Insurance Cover?
Oftentimes included in a Business Owner’s Policy (BOP), General Liability Insurance protects you, your business, and your employees against many known and unknown risks.
You can expect General Liability Insurance to cover:
- Lawsuits, investigations, and settlements: If a customer or employee sues your business, CGL policies will cover expenses of out-of-court settlements, litigation, and judgments
- Bodily injury: Covers damages from customers or employees who were injured at your business
- Business property damage: Covers the cost of property damage caused during business operations
- Advertising and copyright claims: Protects your business from misleading statements that result in a lawsuit
How Much Does General Liability Insurance Cost?
The cost of General Liability Insurance depends on a number of factors:
- Number of employees
- Type of business
- Level of risk a business faces (high-risk businesses may have to pay higher premiums)
- Location (areas with higher crime rates may result in higher premiums)
- Claims history
- Type of coverage (more coverage may cost more)
For small businesses, the average cost of General Liability Insurance premiums is $42 per month, or $504 per year.
As an independent agency, Dumbaugh Insurance isn’t limited to a single insurer. We can determine how much coverage your business needs, what premiums and deductibles fit your budget, and shop the market to find the best general liability insurance policy.
Because we routinely find better insurance rates than big-brand insurance companies, you can expect to pay lower insurance policy costs for premium insurance products.
See the difference for yourself with a free quote.
Do You Offer Other Types of Business Insurance?
Yes! We also offer:
Click here to start the quote process.
Get a Quote: Protect Your Business with Commercial General Liability Insurance
To get a quote, call our office at 740-397-1234 or fill out a commercial insurance quote form.