This guide offers insight into general liability insurance by discussing the coverage associated with it, the importance of having it, and the business types that should utilize it.
OKLAHOMA CITY, Feb. 11, 2025 /PRNewswire-PRWeb/ -- Tivly has announced the release of its latest resource "Why Your Business Needs General Liability Insurance." This resource provides information on what general liability insurance is, what it covers, the benefits of having it, who needs it, and the risks of not having it.
General liability insurance is a type of insurance that provides protection to businesses against incidents, risks, and claims. For a business, general liability insurance provides coverage for medical expenses for non-employees, property damage, court and legal fees, administrative costs to handle claims, punitive damage, and economic or business damage. A business benefits from having general liability insurance through legal protection, compliance and contracts, credibility and trust, risk management, and financial stability.
"Every business should protect itself against potential or likely huge costs that may result from lawsuits, claims, and even legal procedures, and this insurance plays a vital role in doing so," according to Tivly. All types of businesses should consider general liability insurance, especially small businesses open to the public, service-oriented businesses, construction companies, nonprofits, restaurants, businesses with independent contractors, and businesses using different locations. Having general liability insurance protects a business against many possible risks and lawsuits and provides financial coverage to continue operations.
To learn more about why a business needs general liability insurance, please visit Tivly .
About Tivly:
Tivly is a two-sided marketplace that matches businesses to insurance providers. Tivly is a partner of over 200 insurance agents, brokers, and carriers looking to connect with specific types of businesses that are actively searching for commercial insurance coverage.
Media Contact
Mike McGee, Tivly, (877) 907-5267, [email protected],
SOURCE Tivly
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