When you started your business, chances are you didn't think "Great, now I can get business insurance!" In fact, chances are it was the last thing on your mind while starting up.
If business insurance (like the popular commercial general liability and commercial property coverages) has never been 'on your mind' because you think it is some obscure, never-going-to-happen, never-going-to-need-it policy, consider the following scenarios. While fictional, these scenarios are not out of the realm of possibility and bring to life how commercial property and general liability coverage can help a business, even during what seems to be day-to-day operations.*
Not sure how commercial general liablity insurance (CGL) coverage protects you? Consider:
- One of your sales people is out on a call at a potential client's store. The owner of this store thinks your product will sell well in their store and is considering placing an order. Unfortunately, in their over-zealous sales pitch your salesperson knocks over a whole display of very expensive figurines valued at over $25,000.
- You've finally opened the doors to your trendy new lighting and fixture showroom and you've got the table and floor lamps, sconces, ceiling fans and chandeliers that all the city's interior designers want. Unfortunately, unbeknownst to you, a shopper moved a few floor lamps around while deciding on whether they wanted to buy. In doing so, the lamp's cord is no longer neatly tucked out of the way, and another shopper, a few hours later, trips and falls over the cord, breaking her ankle.
- As a local tailor, you're devastated to learn that a small fire has destroyed all your customer's clothing that is awaiting pick up, delivery or mending. It's not your clothing, and the fire wasn't even caused by you, but will your customers see it that way?
Shop for commercial general liability insurance coverage online today.
commercial property insurance coverage