Skeele Agency, Inc. has served businesses throughout New York since 1958, and through our innovative insurance coverage options, we ensure that your important investment is protected. When it comes to your business, we believe that you cannot be too careful. Modern society is too litigious and however safe you think you are, you might find yourself in court over an unprecedented issue. As a premier insurance agency, we have customized our services such that we get you the most appropriate insurance coverage for your needs.
We understand how vital your investment is and we are here to ensure your protection against multiple types of liability claims. If you have been looking for an experienced insurance agency, then we are here for you.
What Is General Liability Insurance?
Our general liability insurance coverage is designed to offer protection for your business against claims made by another person. Such claims can include bodily injury, advertising injury, property damage, and personal injury.
To understand which type of insurance coverage your business requires, included is a more comprehensive breakdown of our general liability insurance:
Property Damage:
This covers damage to property including a rental facility or any other type of property.
Contract Liability Coverage:
This covers liability in case you are found to have breached a contract, be it with your landlord, other businesses, or any other party.
Defense Costs:
This coverage protects your business in case you are involved in a lawsuit, whether you are at fault or not.
Bodily Injuries:
If someone is injured on your premises and you are found liable, this covers the medical expenses and any other costs arising from such injuries.
Personal and Advertising Injury Coverage:
Our general liability insurance coverage covers allegations that your business caused non-physical damages to another entity through slander or libel, among other issues.
We have other specialized coverage options depending on your business. Some of these include professional liability, fire liability, employee’s benefits liability, and medical expenses coverage. At Skeele Agency, Inc., we understand that every business is unique, and hence, your insurance needs are also unique. When you talk to our licensed agents, we will be able to get you the most appropriate coverage option for your general liability insurance.
General Liability Insurance for Business
Though general liability insurance is often combined with property insurance in the Business Owners Policy (BOP), you can obtain general liability (GL) for business as a stand-alone product. For instance, if you are a contractor, you don’t need a BOP, but rather a general liability for business which protects your operations against lawsuits. Having adequate general liability insurance is crucial to protect your assets and business.
General Liability Insurance Cost
In a 2014 study published in Forbes, the average cost for small business GL insurance stood at $575.16. Nevertheless, there are many factors that affect prices including the type of business, coverage limits, and your insurer. Contact our offices in Cazenovia, Chittenango, DeRuyter, Manlius, Waterville, and Moravia to get the most competitive rates. We have the largest network of carriers including United Frontier Mutual, Leatherstocking Co-operative, National Grange and Madison Mutual, among others. Protecting your business is essential and getting the right kind of liability coverage is the first step to achieving that.
