Looking for General Liability Insurance in Lake Orion?
Are you a business owner looking for general liability (GL) insurance? Our agency has you covered! It only takes one claim to financially cripple your business or close it down permanently, so it’s important that you have adequate GL coverage from a highly rated carrier and when you need it. Our Commercial Dept. has dozens of partners for GL insurance.
At its core, GL insurance is the most basic form of commercial liability coverage for your business. General liability guards you, your business and your assets from claims involving bodily injury or property damage born out of your business operations. These policies cover the expense of out-of-court settlements, litigation and judgments awarded by courts (up to the policy limit). Often times GL is paired with additional coverages usually through a Business Owner policy (BOP) or a Commercial Package policy (CPP or PKG). Often times, they include business personal property (BPP) along with a variety of additional coverages that allow you to feel the freedom of protection so you can focus on your business on not on the ‘what if’s’. If you own a business, having GL coverage is beneficial for you, your company, your clients as it provides protection in the event of a lawsuit that you would otherwise have to pay out of pocket.
At J. Jacobs & Associates, we represent a wide range of companies that offer GL in Michigan and can help pair your business type with the best possible provider and pricing. Our company approaches each account with a desire to understand the risk and exposures that each business faces. It is important that we have a comprehensive view of your business to properly cover your risks. We determine this through a discovery period which usually consists of a phone call that takes approximately 15 – 20 minutes and through a variety of additional communications. As an independent agency, with dozens of carriers, and like any type of insurance, there are certain underwriting and eligibility guidelines that we must know in order to determine which insurance company is a great fit for you. Our agency will guide you through the process and make it as easy as possible.
Our agency also offers additional benefits that you don’t get from most. These include sit-down comprehensive meetings on what items you need to retain in a subcontractors file to ease the stress of audit(s), we also have a variety of safety documents/checklists & manuals that we can review with you when requested, along with additional sample documents that you can make your own. Our agency prides ourselves on excellent customer service which has allowed us to be the recipients of multiple Best of the Best Awards from our community! Give us a call and we can help you get the process started when you’re ready~
What does General Liability Insurance Cover?
Business is inherently risky, but General Liability insurance protects against many known and unknown risks.
Simply put, CGL guards you, your business and your employees from claims involving bodily injury or property damage born out of your business operations. These policies cover the expense of out-of-court settlements, litigation and judgments awarded by courts. Often times CGL is paired with BPP (Business Personal Property) coverage in a BOP (Business Owners Policy).
Here are a few things you can expect General Liability Insurance to cover:
- Lawsuits, investigations, and settlements
- Injury damages
- Advertising/Copyright claims
What’s involved with getting CGL Insurance?
With any type of insurance there are certain underwriting and eligibility questions that must be answered in order for the insurance company to determine what the final rating will be.
Our agency will guide you through the process and make it easy. Many times companies will require you to show them a certificate of insurance before you can do work for them.
This proves to them that you have active insurance coverage, which is typically a requirement if you’re running a business in most states.
If you’re confused by any of this don’t worry, we’ll make the process easy. Give us a call and we can help you get the process started when you’re ready.