Commercial General Liability (CGL) is the specific name for a policy of this type in the United States insurance market. It is the «first line» of coverage that a business typically purchases, and covers many of the common risks that can happen to any type of business, such as bodily injury or property damage on the business premises or due to the business operations, personal and advertising injury, and medical payments.
It specifically excludes certain types of risks, including professional services, pollution, liquor, and directors and officers liability, and separate insurance policies are available to cover these situations.
Construction defects coverage
Whether or not general liability insurance covers construction defects or «faulty workmanship» is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs. Though in certain jurisdictions manufacturers of component parts continue to have coverage under a Commercial General Liability policy if their component part harms a finished product, in this case homeowners pursuing damages to a home caused by defective windows.
Maryland Business Insurance
Maryland Business Insurance
Choosing the right business or commercial insurance plan for your business can be very confusing, so we have developed many different options and programs to meet the needs of our commercial insurance clients in Easton area and throughout the state of Maryland.
Our top-rated companies work with local businesses as well as global providers to ensure even the worst disaster won’t affect your business adversely.
Business Insurance Experts in Maryland
At Ashley Insurance, Inc., we can design a specialized package according to your property, liability, and casualty needs. We are also proactive in identifying any factors that may increase your premiums or change your risk, and provide consulting and risk management options to protect your business.
BUSINESS INSURANCE, CURRENT PAGE
BUSINESS OWNERS POLICY
Get a Quote
Get the right coverage for your small business
From minimum coverage to specialized protection, our flexible options allow you to get your business insured accurately for each stage of your business’s development.
Basic business insurance
Accidents, illnesses, lawsuits… If you’re in business, you’re exposed. While the number of risks you’re exposed to is almost unlimited, you might only need a few basic coverages to start out. For example:
General liability insurance — All small businesses, old and new, need general liability insurance. It’s basic liability protection that guards against things like accidents, injuries, property damage and lawsuits.
Commercial auto insurance — If you use vehicles for work, you’ll need commercial auto insurance to be fully covered. Personal policies don’t usually cover work related incidents. You’ll save up to 5% if you combine this with General Liability! Do you need a commercial auto policy? Find out here.
As your business grows
Most small businesses insurance needs quickly extend beyond basic liability and commercial auto insurance. Certain jobs require specific coverages, employees need protection, and a number of risks fall outside the protection of basic liability coverage.
When insurance coverages are packaged together, it’s often referred to as a Business Owners Policy, or BOP. Additional coverages in a BOP might include:
Property — This can protect your commercial buildings and most of your personal property. Both of which are not covered by liability insurance. Liability normally covers other people’s assets, not yours.
Business income interruption — If your policy includes coverage for property, you also have protection in the event of business interruption. For example, if you have a property claim that prevents you from operating your business, business income interruption coverage could help pay you for your lost income, employee salaries and rent expenses.
Professional liability — Do you give professional advice or provide a professional service? If so, you should probably carry professional liability insurance. This can be endorsed to your BOP.
While technically not part of a BOP, we also offer workers’ compensation insurance to help pay for things like medical costs and lost wages of employees who become ill or injured on the job.
Business insurance for contractors
We cater to the special needs of contractors by offering general liability as a stand-alone coverage for contractors who don’t need a full BOP. Learn more about what we offer contractors.
Business insurance cost
Many factors play a role in determining the cost of business insurance. The most influential usually are profession, number of employees and coverage needs. As you may imagine, these factors can vary greatly from business to business.
Getting a quote is easy! You can start a quote online, or simply call us. We also offer a step-by-step guide on how to get business insurance, and a quoting checklist for information you may need to gather beforehand. Our specialty commercial agents can also help you decide which coverages and limits you need to match your unique business situation.