Protect Your Business with General Liability Insurance
General Liability Insurance for Mississippi Businesses
General liability insurance safeguards your business from financial loss due to common liability claims such as slip-and-fall accidents, property damage, customer injuries, advertising disputes, and more. It provides essential coverage for your business, employees, and operations.
What Does General Liability Cover?
Commercial general liability insurance helps protect against claims related to:
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Property damage and bodily injury due to negligence.
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Personal injury, including libel and slander.
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Advertising injury, such as false advertising, slander, and limited copyright infringement.
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Other claims arising from your business activities.
What’s Covered in Mississippi?
A general liability policy can help cover the costs associated with:
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Defending or settling claims.
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Out-of-court settlements.
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Damage awards if you're found liable.
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Court-ordered judgments.
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Investigations and legal fees.
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Bonds required due to claims.
Additionally, this insurance covers medical expenses for injuries sustained by nonemployees, allowing quick settlements for minor claims without the need for litigation.
What’s Not Covered?
General liability insurance covers nonprofessional negligent acts but excludes:
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Automobile accidents, which are covered under auto insurance.
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Employee injuries, which require workers' compensation insurance.
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Professional liability, such as errors and omissions, which are covered by separate policies.
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Intentional acts that result in damage or injury.
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Workmanship issues, which should be covered by your company’s warranty.
Additional policies, such as directors and officers liability, cyber liability, pollution liability, or liquor liability, may be necessary depending on your business type.
Types of General Liability Policies
You can purchase a general liability policy on its own or as part of a Business Owner’s Policy (BOP) or a Commercial Package Policy (CPP). Depending on your business risks, you might also need an umbrella policy for extra protection.
Two main forms of general liability coverage include:
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Occurrence-based: Covers incidents occurring during the policy period, no matter when claims are filed.
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Claims-made: Covers claims made during the policy period, regardless of when the incident happened (subject to retroactive dates).
Why General Liability Insurance is Essential
Liability claims can occur unexpectedly and can severely impact your business. Even if you believe you're not at risk, investing in general liability insurance is a smart move for peace of mind and protection.
Ready to Get Started?
Business insurance in Mississippi can be complicated. We’re here to help you assess potential risks and tailor a policy that fits your needs. Let’s protect what’s yours—contact us today to ensure your business has the right coverage.