General liability insurance is a way for a business to protect its assets if a person on the property suffers an injury while visiting the location. The costs created by damage or injury are covered by the general liability insurance, making it a good investment for property owners.
General liability insurance covers the costs of many different aspects of the injury, including:
Property repair or replacement
Legal costs
Medical expenses
Lost wages resulting from the injury
If you’re a business owner and are looking to protect yourself and your business from potential premise liability lawsuits, be sure to speak with an attorney to learn more about general liability insurance.