General Liability Insurance in Phoenix and Yuma, AZ

Although your business strives to conduct its operations safely and responsibly, even the most diligent and experienced organizations and professionals may eventually be involved in accidents or errors that affect others. In these situations, affected parties may seek financial compensation or file a lawsuit against your company, making appropriate general liability insurance critical.

What Is General Liability Insurance?

General liability insurance, also known as general liability business insurance, can provide versatile financial protection from many common incidents and perils that may impact third parties, such as guests, customers and passersby.

How Does General Liability Insurance Work?

These policies establish a contractual agreement between your organization and the insurance company. Keeping up with your premiums can help ensure access to funds and resources in response to covered incidents.

What Does General Liability Insurance Cover?

General liability insurance can provide financial assistance in response to many incidents that may affect other parties, such as the following:

• Bodily injuries—If a customer, passerby or other party is harmed in an incident for which your business is at fault, this coverage can help pay for their medical expenses and financial losses.
• Property damage—This part of your general liability insurance may provide financial assistance if your company or employees damage another party’s property.
• Personal and advertising injuries—This coverage can pay for legal expenses and insulate your business from losses if responsible for personal and advertising injuries (e.g., slander, libel and copyright infringement).

Why Do You Need General Liability Insurance?

The importance of general liability insurance transcends industry lines and operational details. Although not legally required, business general liability coverage is among the most commonly purchased types for commercial enterprises regardless of size or sector. Even false allegations or accusations that you are eventually absolved of may incur significant expenses, making access to appropriate financial resources critical.

Get the Right Coverage

At Best Buy Insurance, we’re well-equipped to help organizations in the Phoenix and Yuma areas acquire and maintain appropriate policies. General liability insurance for business owners, small business general liability coverage and other options can all be tailored to suit your needs. Contact us today to get a personalized quote or learn more.