What is it?
General liability insurance is considered the core coverage for business owners. It protects your business from third-party lawsuits that stem from:
Bodily injury and property damage
Personal and advertising injury liability
What does it cover?
General liability insurance can cover your legal expenses from claims arising from third-party claims, paying for:
The client's medical bills
Other lawsuit costs
Do I need it?
If you are a business owner, you need general liability insurance. This is the first type of policy you should purchase. Here are some other reasons you might need coverage:
Your customer requires you to have it
You use third-party locations for business-related activities
You use a client's equipment