If you are starting or already own a business, you need General Liability Insurance. Your business can be sued for almost any reason: Negligence, personal injury, libel, slander, errors & omissions, faulty products, advertising misprints, and a number other reasons. Because of this, it is important to make sure you have adequate coverage that will protect your business and assets. As a business owner, every transaction you complete represents both a profit and a risk. Have you fully protected your business from the impact that a customer lawsuit can have? Only a precisely crafted policy can shield your business from this expense and stress.

Commercial Liability Insurance protects your Illinois business’s assets and pays for any obligations incurred by your business. This includes property damage or bodily injury claims caused by negligence or acts of omission involving an insured’s business operations. Coverage for personal and advertising injury and medical payment are also included. Imagine the peace of mind you gain by not having to worry about the attorney costs as the liability case grinds on.

While a Business Owners Policy is the most comprehensive policy that packages general liability, property, and other various coverages, sometimes a client only needs general liability without all the extra bells and whistles that come with a BOP. Northwest Insurance Brokers has many clients that fit this description.

One of our clients is a consultant that inspects medical equipment. He needed General Liability coverage to satisfy contractual obligations with the vendors that he does business with. He did not need coverages such as accounts receivable, valuable papers and records, and employee dishonesty. We were able to place consultant with the right policy that fulfilled his individual needs.

In today’s litigious world, your business is in constant risk of a lawsuit. Even if the claim is unwarranted, the stress and the cost of the legal process can be enough to ruin some businesses.

General Liability Insurance is appropriate for any business to protect it from lawsuits. There are four distinct types that you may need:

• Personal Liability
• Business Liability
• Professional Liability
• Public Liability

You may even want to consider an Umbrella Insurance policy to protect your personal assets from a business lawsuit.

If you are considering starting a business or already have an established business, let us help ensure your business and assets are adequately covered. At Northwest Insurance Brokers we will place your Liability Insurance with the best market given your needs and help you prepare for any risk you might encounter!