COMMERCIAL GENERAL LIABILITY

Commercial General Liability (CGL) is liability coverage for your business. CGL does not cover personal liability. This type of coverage generally can be written for almost any type of business. Exceptions are auto dealers and repair shops, which have their own special type of Liability coverage known as Garage Liability.

Coverage A on a CGL is a bodily injury (BI) and property damage (PD) coverage that will pay for your legal liability to others resulting from negligence.

CGL coverage is also provided for any liability resulting from the negligent by  your employees. However, injury to your own employees is not covered (that would fall under your workers compensation coverage).

A Commercial General Liability policy will usually pay the cost of hiring a lawyer, in addition to your policy limits.

Operations Liability

Liability coverage for businesses that do not have a single fixed premise but, various premises.

Mobile Equipment Liability

Liability or damage done by mobile equipment (construction equipment) is also covered as long as the mobile equipment is being used off the public roads.

Products and Completed Operations Liability

Coverage designed for businesses that manufacturer products, sell products, or build products.

Contractual Liability or Assumed Liability

Liability coverage for a signed agreement (contract) and the insured is assuming all liability.

Owners and Contractors Protective Liability

 Covers general contractors that are assumed responsible for the acts of any subcontractors they may hire.

Coverage A on a Commercial General Liability policy has many exclusions, including no coverage for:

• Expected and intentional acts
• Liquor liability
• Any obligation of the insured under Workers’ Compensation laws
• Any liability related to pollution
• Any liability arising out of the ownership, use, loading, or unloading of any aircraft, auto, or watercraft.
• Fire damage to property the insured owns, rents, or occupies
• Damage to personal property in the insured’s care, custody, or control.

Coverage B in Commercial General Liability provides coverage for Personal and Advertising Injury Liability. This type of liability covers financial damages due to oral or written publication of materials that slanders or libels a person or disparages a person’s goods, products, or services, or oral or written publication of material that violates a person’s right of privacy.

Coverage C on a CGL is a no fault coverage called medical. The purpose of this coverage is to prevent lawsuits. It only applies to others, not to the insured or employees.

Supplementary payments in addition to limits

The insurer (insurance company) agrees to pay, with respect to any claim or lawsuit it defends under Coverage A or B, all expenses it incurs, all reasonable expenses incurred by the insured (you) at the insurer’s request, including earnings up to $250 a day, cost of bail bonds, and bonds to release attachments, and any interest that accrues after entry of a judgment but before the insurer pays the claim. Supplementary payments do not reduce the limits of insurance and are paid in addition to the applicable limits of liability.

If you have any further questions, please call us at Executive Insurance Group. Our team of experts can be reached Mon-Fri 8 a.m.-5 p.m. at 330.966.0080 locally, 800.981.0080 toll free, or email: info@executiveinsurance.com