Idaho General Liability Insurance Guidelines For Small Businesses

provides protection against customer or client accidents such as bodily injuries, personal injury, property damage, and advertising injuries. These accidents can lead to huge legal bills and financial losses if you don’t have general liability insurance to back you up when a certain accident happens.

General Liability Insurance For Small Businesses In ID

This policy comes with a word general meaning it is a broad and comprehensive coverage that can be an excellent move to have. Here is what commercial liability insurance normally covers:

• Bodily Injury

- Physical damage to a person (customer or client) like a broken bone, cut, and even death that happens at your place or property. Commercial liability covers the bodily injury of your customer or client that your employee or you are held liable for. Injuries of your employees are excluded in this policy because employee injuries are covered under workers’ compensation insurance.

• Personal Injury

- False arrest, libel committed, slander, copyright infringement, and detaining a potential shoplifter that causes damage to another person’s reputation can cover you with your commercial liability against legal repercussions.

• Property Damage

- Accidental breaking of a window into your client’s place while working can be covered with this policy. Any damage done to another person’s property by your employee or you while executing their task or job.

• Advertising Injury

- Defaming someone or another business caused by your advertisement is included with general liability insurance.

Is General Liability Insurance Required In ID?

Commercial Liability Insurance is not required by law for businesses operating in Idaho. But most businesses must have this policy because this coverage is considered the first line of defense against common accidents. Accidents and lawsuits do happen everywhere, whether your employees are fully equipped with everything they need, accidents can happen. If you have a business or other valuable assets that you would like to protect, it is an excellent decision to invest in a commercial liability policy to ensure your business and legal assets are protected against legal claims. In addition, it is another way to limit the risk of your business exposure.

How Much Commercial Liability Insurance Does Your Small Business Need?

We believe that every business is unique and has certain needs, the type of business you operate, or services you provide, or even the products your business manufactures will determine how much coverage you need. However, for most small businesses in Idaho, general liability insurance can cover between $500,000 to $1 million is a good start-up. But if your business risk exposure is at high risk, you might want to increase your coverage.

Protect Your Small Business With General Liability Insurance

Whether you operate your business with one employee or you work alone, your business should be protected with the right amount of general liability insurance. This policy will help you limit the risk exposure and can gain more potential clients or customers. Customers and clients want to make sure you are responsible enough to handle any situation that can occur when conducting your business. It is a great impression for your business to have this coverage and also excellent protection for you and your company.