What is general liability insurance?

General liability insurance is coverage for claims that may be filed against your business. This could include claims of property damage, reputational harm, advertising injuries, and bodily injury. If you didn’t have this type of policy and someone was injured during your regular business operations, you may have to cover the costs out of pocket instead. Some business owners purchase this coverage as a standalone policy, and others will include it as a bundle in their business owners policy. General liability insurance does not cover professional service mistakes, damage done to your own commercial property, or employees who qualify for workers’ compensation.

Synonyms for general liability insurance
There are some terms you might hear that are used interchangeably with general liability insurance. These synonyms are:

• Business Liability Insurance: This type of insurance is a broader coverage that includes general liability, professional liability, and product liability, but is often used synonymously with general liability.
• Commercial General Liability Insurance: There may be small discrepancies in the type of coverage you get when comparing commercial general liability insurance with general liability, but they are basically the same.
• Commercial Liability Insurance: Commercial liability and general liability have slight differences in coverage as well but using the term “commercial liability” assumes a more professional tone.
• General Liability Business Insurance: The word “business” can be used as a more professional way to say, “general liability insurance,” giving the company more clout.