General Liability
General liability insurance policies typically cover you and your company for claims involving bodily injuries and property damage resulting from your products, services or operations. It may also cover you if you are held liable for damages to your landlord’s property.
General liability insurance doesn’t cover employee injuries, auto accidents, punitive damages (in most states), workmanship, intentional acts or professional mistakes.
Customer Injury
Say a customer drops a heavy piece of merchandise on their foot. As a result, four toes are broken and they need surgery. They then sue you $50,000 for the medical costs. Your general liability insurance can help cover the costs associated.
Product Liability
Say you own a coffee shop. Recently, you expanded your operation to sell actual coffee pots as well as coffee. However, after a customer purchases one from you, they get burned from hot water due to a faulty design. As a result, they sue you for $50,000 for their medical costs. Product liability insurance coverage can help cover these costs.
Slips & Falls
Say a customer slips and falls in your business after you mop the floor. As a result of the fall, they sprained their ankle and require two surgeries. They sue you for $110,000 in medical costs. Your general liability insurance typically can help cover the costs associated with this bodily injury.