General Liability Insurance in Hickory, NC
In today’s litigious business environment, a single accident or mistake can lead to costly legal battles that threaten a company’s survival. General liability insurance may help shield your business from financial devastation when accidents, injuries or property damage occur.
What Does General Liability Insurance Cover? 
Standard general liability insurance policies typically provide coverage for the following:
- Medical bills of third parties who are injured on your business premises or due to your products
- Accidental damage your business causes to someone else’s property
- Claims of libel, slander or copyright infringement in your advertising
- Attorney fees, court costs and settlements related to covered claims
Who Needs a General Liability Policy?
Virtually every business should maintain general liability coverage. Retail stores face daily risks from customer injuries. Contractors could accidentally damage client property. Professional service providers might face advertising injury claims. Home-based businesses also need financial protection, as personal homeowner’s insurance typically excludes business-related incidents.
Additionally, many clients, landlords and licensing bodies require proof of general liability insurance before entering contracts or issuing permits. Without this coverage, your businesses may miss valuable opportunities and may be exposed to significant financial risks.
How Much Is General Liability Insurance?
General liability insurance rates are different for each policyholder. However, insurers typically consider the following factors to calculate premiums:
- Industry
- Revenue
- Workforce size
- Claims history
- Coverage amount
- Deductibles
Learn More
Elevate your business with general liability insurance from Davis Insurance Group. Our experts are ready to discuss affordable policies that fit your specific needs. Contact us today.