General Liability Insurance

Protect Yourself from the Unexpected

Litigation has dramatically increased in the last decade, and you can rely on your Stoneham local hometown independent insurance agency. LoPriore Insurance Agency, provides general liabiltiy coverage for whatever business you operate if you’re a Contractor, Manufacturer, Wholesaler, Retail Store, Property Owner, Restaurant, Garage, or any type of business operations located in North Shore or Greater Boston surrounding area, you can count on LoPriore Insurance offering a General Liability insurance policy to protect you from the unexpected.

 
Commercial General Liability offered from LoPriore Insurance Agency

WHAT IS IT

Commercial General Liability Insurance pays to cover the costs of bodily injury, property, and advertising damage claims made against your business.

WHY DO I NEED IT

While General Liability Insurance is not required by state law, however, not having a General Liability Insurance will expose your business to pay the potentially catastrophic costs of liability claims.

WHO NEEDS IT

It makes sense for businesses to carry General Liability Insurance coverage to protect you from potential claims. Also, you may need General Liability Insurance coverage in the following situation:

Applying for a professional license (e.g., a General contractor license).
Signing contracts
Requirement in a lease of property

COVERAGE DETAILS

Commercial General Liability Coverages:

General Liability insurance provides coverage for bodily injury or property damage for which the insured is legally responsible due to negligence or as required by contract. The policy also includes coverage for liability arising from personal injury and advertising injury, medical expenses, accidents occurring on the premises or away from the premises and products, or completed operations. In addition to these limits, the policy pays defense costs.

Personal Injury or Advertising Injury:

Personal injury refers to injury other than bodily injury and can include false arrest, malicious prosecution, invasion of privacy, and damage to reputation. Advertising injury refers to harm caused by an advertisement, such as libel or slander.

Products and Completed Operations Injury:

Product coverage is provided for damages arising from products manufactured, sold, or distributed by the insured. Completed operations coverage is provided for accidents that occur after the insured’s operations have been completed or an item has been built, installed, or distributed for its intended use.

Medical Payments:

Pays medical expenses resulting from bodily injury caused by an accident on the premise owned or rented by the insured or when prompted by the insured’s operations. No one needs to be liable for a medical payment to be made.

Fire Damage Limit:

Provides coverage for fire damage to rented premises caused by the insured’s negligence.

Liquor Liability:

Liquor liability insurance provides coverage for bodily injury or property damage for which an insured may be held liable by causing or contributing to the intoxication of any person, furnishing alcoholic beverages to a person under the legal drinking age or under the influence of alcohol and violating any statute, ordinance, or regulation relating to the sale, gift, distribution, or use of alcoholic beverages. This coverage only applies if the insured is involved in the manufacture, sale, or distribution of alcoholic beverages, furnishes alcoholic beverages for a charge, or provides alcoholic drinks for no charge if such activity requires a license.

FAQs

Does my general liability policy cover me for bad workmanship?

No, your policy does not automatically offer coverage for poor workmanship. However, in recent years, there may be insurance companies that you can buy this optional coverage at an additional cost.

Does my general liability insurance policy cover independent contractors?

A general liability insurance policy covers you and your employees for the scope of your business operation. It does not automatically include additional independent contractors. You may have the option to add contractors to your policy temporarily as an additional insured. You may also require them to purchase their general liability coverage through a contractor’s policy listing you as an additional insured.

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