Commercial general liability insurance is a Georgia business necessity. The key lies in properly evaluating your exposure, choosing the ideal type and form of coverage, and instituting risk management practices that are beneficial over the long term.
At Turner, Wood & Smith, our liability experts can guide you through the process to choose the right type and level of coverage you need, such as:
- Bodily injury and property damage. Georgia general liability insurance coverage agrees to pay those sums that the insured becomes legally obligated to pay as damages because of bodily injury or property damage from the insured’s premises or operations. The personal injury portion covers libel, slander, false advertising, false arrest and invasion of property.
- Excess. The Excess Liability (Umbrella) policy is designed to provide coverage in the event of a catastrophic claim, lawsuit or judgment. Commercial excess policies provide excess liability insurance over your basic primary policies, such as your commercial liability and fleet policies. Excess policies pay only after the limits of the underlying primary policies are exhausted.
- Employment practices. Employment practices liability is designed to help your business in the event that employees or former employees allege discrimination, harassment or wrongful termination.
- Directors and Officers (D&O). Directors and Officers liability coverage can protect the directors and officers of your business or organization from a claim caused by a wrongful act in their capacity as directors. While definitions vary slightly from company to company, “wrongful act” is commonly defined as any breach of duty, neglect, error, misstatement, misleading statement, omission or other act done or wrongfully attempted by the directors or officers.
When you’re ready to talk about general liability insurance, our Georgia professionals are here to guide you through and keep you covered. Contact us now to get started.