General liability insurance is a broad commercial insurance policy that covers general liability exposures of a business. MidCoast Insurance recommends that all businesses have general liability coverage in place. 

Normally, it is difficult for businesses operate without general liability insurance. General liability insurance is intended to guard operators and owners of companies from claims that may come from a broad spectrum of sources. These exposures could be just about anything, including liability engendered by accidents from the operations of the insured party, contractual liability, products manufactured by the insured party, etc.  

The liability you select, whether it is one, two, or three million dollars, determines the cost of general liability insurance. Also factored into the rates are the kind of work undertaken, gross receipts and total payroll expenses. There are many additional liability coverages that are available for those businesses with unique exposures.   Examples of these are Professional Liability (Errors & Omissions), Employment Practices Liability, and Directors and Officers Insurance. 

It is the business owner’s or general contractor’s job to make sure that the people working under him/her are covered by an insurance policy. If for example, a person who is not a part of the project gets injured, the injured person’s lawyer can target just about anyone involved in the project. The more individuals that are involved, the greater the chances of a successful lawsuit. This is why obtaining general liability insurance for your business is imperative in today's litigious environment.  MidCoast Insurance recommends that the businesses of Illinois, Indiana, Michigan, and Wisconsin acquire General Liability insurance. 

To find out more about all of the coverage options and needs you may have, call MidCoast Insurance at 219-213-2306 and we'll help make sure you're properly covered.