Specifically, most general liability policies can provide financial assistance for the following situations:
Bodily injury—If your business is liable for a customer, visitor or other third-party being injured, general liability insurance may cover costs for their medical expenses.
Property damage—If you or your employees are responsible for damaging another party’s property, including that of your landlord, your coverage can help pay for repair or replacement expenses.
Personal and advertising injury—If your business faces losses or damages arising from a personal or advertising injury, such as slander, libel, violation or privacy or copyright infringement, general liability coverage can provide financial aid.
Legal fees—If a lawsuit is filed against you or your business, your policy may help pay for legal fees and representation.
Every policy is different. Contact your agent today to learn more.