General Liability Insurance in Indianapolis

General liability insurance is a fundamental way to protect businesses from potential risks and liabilities. Whether you run a small startup or a large corporation, general liability insurance is a crucial safety net, shielding your organization from the financial fallout of unexpected accidents, lawsuits or legal claims. It’s a cornerstone of responsible business ownership, offering peace of mind and financial security.  

What Does General Liability Insurance Cover? 

General liability insurance typically covers the following: 

• Bodily injury coverage—In the event of accidents on your business premises or due to your operations, you could face liability. General liability insurance is designed to potentially cover medical expenses, legal fees and settlement costs should someone sustain an injury under these circumstances. 
• Property damage coverage—Business operations could inadvertently cause damage to someone else’s property. Whether it’s a shattered storefront window or a client’s laptop knocked off a desk, general liability insurance can help pay for repairing or replacing items. 
• Advertising injury coverage—Advertising injury claims are increasingly common in the digital age. General liability insurance can financially protect your business against claims of libel, slander, copyright infringement, and other advertising-related harm. 

How Does General Liability Insurance Work? 

General liability insurance helps protect businesses from financial losses from claims of injury or property damage caused by their operations, products or premises. When a claim is filed, the insurance company investigates and may provide legal representation. If the claim is valid, the insurer settles or pays any judgment within the policy limits, considering deductibles. Businesses pay premiums for this coverage, which is determined by various factors, including business size, type, and risk level. Maintaining a safe environment and managing risks are crucial for reducing claims and keeping insurance costs manageable.  

Contact Betzy Insurance to discuss your general liability insurance needs. We can make a policy tailored to your business needs.