Here are just a few examples.
Like other types of insurance, general liability coverage will kick in after you have paid the deductible on your policy. In addition, any costs surpassing the coverage limits on your policy will remain your responsibility. Therefore, you may supplement general liability coverage with commercial property insurance or an umbrella insurance policy, depending on how your business interacts with the public.
Your coverage costs will vary depending on several factors. If your business faces more potential risks, then your coverage will come at a higher cost. For example, a landscaping company would pay more for general liability insurance than a small retail store. In addition to the nature and location of your work, your general liability quote will account for the number of employees you have, the different cities or states where you do business, and safety training required for the employees of your business.
Hull Maynard Hersey Insurance offers agile commercial insurance options to help your small business thrive, even when the unexpected occurs. Contact us today for insurance solutions in Vermont, New Hampshire, Maine, New York, and Massachusetts.