General Liability Insurance in McAllen, TX
General liability insurance may provide essential financial support for businesses facing risks like accidents, third-party injuries and property damage. Without it, your business might face significant challenges covering these costs alone.
Who Should Have General Liability Insurance? 
Most businesses may benefit from general liability coverage. Any interaction with clients, customers or vendors can put your business at risk of injury or damage. It is crucial to have coverage to avoid paying for claims out of pocket.
In addition, many clients require businesses to carry this type of policy. Your clients may ask for proof of insurance before finalizing a contract with your business.
What Does a General Liability Policy Cover?
A general liability policy, or commercial general liability (CGL) insurance, may help with liability claims that arise from normal business operations. Here are some examples of what it may cover:
- A third party sustains injuries on your business premises or as a result of your business activities.
- Your business causes damage to a client’s property.
- Your business is sued for unintentional misuse of a competitor’s trademark or copyright in your advertising materials.
- A product your business manufactures, distributes or sells causes harm or property damage.
- Your business rents space and accidentally causes damage to the property.
- Your business is accused of slander, libel or other forms of reputational damage.
How Much Is General Liability Coverage?
Different factors impact your general liability insurance cost. Most insurers consider the following factors to calculate your premium:
- Industry
- Location
- Workforce size
- Revenue
- Coverage types
Get Covered Today
To learn more about general liability coverage, contact Verax Insurance Services today. We can help assess your situation and find the ideal coverage for your business.