What is a Liability Policy?

Answer A Commercial General Liability Policy protects you and your business from third party bodily injury or property damage claims for which you may be held liable.

Top Q&A For: What is a Liability Policy

Is A property or liability insurance policy a business or liability contract?

A property is not a contract or a business. A liability insurance policy is a kind of contract but not a business. the answer is b...

What is the key difference between an umbrella policy and excess liability policy?

similar - umbrella usually a personal lines excess coverage. excess liability policy could be anything. Both are designed to provide another layer of protection over and above the underlying policy... Read More »

What type of liability insurance can you get to lease a commercial building for personal non-business use or is an umbrella policy from your homeowners liability insurance enough for the landlord?

Umbrella policies are often written as "following form" which means it only provides coverage if your primary (i.e. homeowners policy) provides coverage. Ask your insurance agent if you need to add... Read More »

How do you know if a business has a liability policy?

Just Ask them. Some businesses are requred by regulation to carry insurance while others are not