Business Insurance Division

General Liability Insurance: Your Defense Against Liabilities

The only way to effectively protect the assets of your business is to carry adequate commercial general liability (CGL) insurance coverage. CGL protects your business from damages caused by bodily injury or property damage for which your business is found to be legally liable.

Professional liability insurance covers liability for damages arising from the rendering of or failure to render professional services. Professional liability insurance, also referred to as professional indemnity insurance, protects professional personnel against negligence claims made by their patients or clients. Professionals who commonly turn to this type of liability insurance for coverage include architects, home inspectors, lawyers, physicians, real estate brokers and accountants—among others. Specific professional liability insurance carries different names depending on the profession.

Commercial auto insurance isn’t just for large fleets. Any car, truck, van or similar vehicle used in daily operations needs to be covered. This video provides an overview of commercial auto insurance and reasons businesses of all kinds can benefit from coverage.

Workers’ compensation coverage pays benefits to workers injured on the job, including medical care, part of lost wages and permanent disability. It also provides death benefits to dependents of employees killed from a work-related accident. Workers’ compensation systems are different in every state, as individual statutes and court decisions have shaped the way they handle claims, evaluate impairments, settle disputes, provide benefits and control costs.

A Business Owners Policy combines protection for all major property and liability risks in one convenient package. These packages are typically designed for small and mid-sized businesses, and offer a broad range of coverage.

When cyberattacks such as data breaches and hacks occur, they can have devastating results. Organizations have to deal with countless headaches, including business disruptions, lost revenue and litigation. Cyber liability insurance is now an essential component of any business’s risk management program, as it provides a number of unique benefits.