How General Liability Insurance Protects Against Slip-and-Fall Accidents

If you’re a business owner, you’ve likely heard of general liability insurance. This coverage is the backbone of virtually every commercial insurance policy—and for a good reason. General liability insurance can help pay for costly third-party claims, such as slips and trips, making it vital for most organizations.

What Does General Liability Cover?

General liability insurance is designed to help cover incidents involving third-party injuries or property damage, as well as related lawsuits. Notably, it only applies to third parties, such as customers or vendors; it does not cover employees.

When it comes to slip-and-fall accidents, general liability insurance may help in a few ways, such as the following:

• If a customer of guest falls on your premises, coverage may pay for medical costs, including hospitalization.
• If an employee trips and damages customer property, coverage may pay for the damage.
• If your business is sued as a result of a liability claim, coverage can pay for legal costs and settlements.

It’s important to review your policy and understand its limits and coverage details. You may need to tailor your coverage to suit your unique business circumstances.

Does My Business Need It?

Yes, most businesses need general liability insurance to cover third-party losses, such as slip-and-fall incidents. Without it, resulting expenses and legal costs could be ruinous, especially for small businesses. Coverage may even be a requirement for commercial leases.

Find an Affordable Policy

Gator Auto Insurance Agency Inc can help tailor an insurance policy for your needs. We can also recommend additional commercial insurance options to suitably protect your business. Contact us today to get started.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.