General Liability Insurance
General Liability Insurance Information
Minnesota businesses, large and small, need to carry adequate levels of general liability insurance to protect themselves against any and all risks they may be facing. Locally owned and operated, Abbott Insurance Agency, LLC, has delivered quality insurance solutions to individuals in Minnesota, and we’re here to help you find the general liability policy that you need for your business today.
Call us at 612-824-1160 or get a free quote online today.
What does general liability insurance cover?
A general liability policy provides coverage for claims of bodily injury or other physical injuries, personal injury (libel or slander), and advertising injury and property damage as a result of your products, premises or operations. It can be offered as a package policy with other coverages such as property, crime, automobile and more. As a safeguard against liability, general liability enables you to continue your normal operations while dealing with real or fraudulent claims of negligence or wrongdoing. These policies also provide coverage for the cost to defend and settle claims.
How much coverage does your business need?
The amount of coverage your business needs depends on three factors: perceived risk, where you operate your business and the type of products you manufacture.
Perceived risk: Consider the amount of risk associated with your business operations and functions. For instance, if you manufacture heavy machinery, you would generally need more coverage than another organization that manufactures stuffed animals.
Premises and operations liability: If you operate in a state with a reputation for rewarding high damages, then you may wish to purchase higher limits of liability.
Type of product manufactured: If you manufacture a dangerous product, you may want to carry higher limits of liability.
The agents at Abbott Insurance Agency LLC can work with you to determine how much general liability insurance you may need.
Get covered today
Every business, regardless of size, should have a general liability policy. Call Abbott Insurance Agency LLC today at 612-824-1160 to learn more or get a quote today.