As a business owner in Miami, FL, it’s essential to protect your company from potential risks that could lead to financial loss. In today’s litigious society, there are numerous threats that businesses face that can cause serious damage to their reputation and their bottom line. That’s why investing in (GLI) general liability insurance for businesses in Miami, FL is crucial.
Getting ageneral liability insurance quote starts the initiation of coverage for damages and legal costs associated with bodily injury, property damage, and advertising injury that could occur on your business premises or during business operations.
Protection From Property Damage Claims
GLI helps protect your business from costly property damage claims. For example, if a customer trips on a loose tile in your store and falls, resulting in damage to the store’s property, GLI would help cover the cost of repairing the damages. Without this coverage, you could be held liable for the total cost of repairs, which could be significant.
Protection From Bodily Injury Claims
General liability insurance for businesses in Miami, FL also protects from bodily injury claims, which can happen at any time. If a customer is injured while on your company’s premises or during business operations, GLI can help cover medical expenses, lost wages due to injury, and any costs associated with litigation. Without this coverage, you could be held personally liable, which could cripple your business.
Protection From Advertising Claims
Another critical benefit of general liability insurance from an agency such as Del Toro Insurance is that it extends to any claims of advertising injury. This includes copyright infringement, infringement of intellectual property, libel, and slander. A company can be sued for advertising injury when customers or other businesses accuse them of stealing their ideas or defaming their businesses. Without insurance coverage in place, it can lead to a drawn-out legal battle that may financially devastate your company.
