There are a variety of unfortunate events that can cause financial damage to your business. For example, a mistake made by an employee that results in ruined items or a customer who is injured on your property due to something like a rug can lead to expensive lawsuits. Additionally, if an employee says something inappropriate, it can hurt your business’ reputation and lead to a lawsuit.

So, what can you do to protect yourself from these problems? One way you can go about that is to have general liability insurance!

What’s General Liability Insurance?

General liability insurance is an important type of coverage that helps protect businesses from a variety of potential risks. It provides financial protection against claims from third parties, including customers, vendors, and members of the public who are injured or suffer property damage as a result of the business’s operations. General liability insurance can help cover the costs of any legal fees and settlements, as well as the cost of medical bills and other related expenses.

What Does General Liability Insurance Cover and Not Cover?

General Liability Insurance helps cover claims of negligence or careless actions that result in third-party bodily injury or property damage. It can also provide protection against legal costs associated with defending a liability claim. Common scenarios covered by General Liability Insurance include customer slips and falls, bodily injuries caused by a defective product, and claims of libel or slander.

On the other hand, General Liability Insurance does not cover professional services, employee injuries, vehicle accidents, or property damage caused by the business. For these types of exposures, businesses should purchase additional insurance coverage such as Professional Liability Insurance, Worker’s Compensation Insurance, or Commercial Auto Insurance. Cyber Liability Insurance can also be obtained, which covers business losses related to cyber attacks, data breaches, and other cyber-related risks.

Is General Liability Insurance Enforced by Law?

General liability insurance is an important form of insurance that businesses should consider purchasing in order to protect themselves from certain types of liability exposure. But is general liability insurance required by law?

The short answer is that it depends. In some cases, depending on the type of business and the state or local laws, general liability insurance may be legally required. In other cases, it may be recommended or even optional. Either way, it is always in the business’ best interest to have insurance ready on hand. Whether they’re IT contractors, consultants, small business owners, or anything else, general liability insurance can prove useful simply the fact that trouble can occur that can leave individuals liable for their actions. In fact, without general liability insurance, many businesses are at risk of even going bankrupt.


So, that’s what you need to know about general liability insurance. Remember, even if it isn’t required by law, general liability insurance is always a good idea to have. Remember, anything can happen in the business world, and one mistake can leave your business on the verge of bankruptcy. So, protect your business today with general liability insurance and any other insurance policies that you may need!

Pascal Burke Insurance Brokerage Inc. are specialists in offering a wide array of policies that cover both general and specific contractors. If you are looking for contractor insurance in Denver, get your insurance from us today.