Commercial (Business) Liability / Property
What is Liability / Property Insurance?
If you own a business of any size, you face the risk of litigation due to negligence.
Liability insurance—often called casualty—covers your business against losses for injury or damage to others resulting from negligence on the part of your business.
What are your business's liability exposures?
Any business that owns or rents physical property of any kind is at risk for causing bodily injury or damage. These risks include—
- Injuries to invited or uninvited visitors (especially children) to the property
- Intoxicated patrons of an establishment serving liquor who cause injury or damage to others
- People injured by an operator of the business's vehicle
- Injuries to anyone using the business's products
- Injuries or damage resulting after the business completes work or sells products
- Injuries or damage resulting from negligence by subcontractors or other third parties
- Advertising injuries associated with slander, libel, or abuse of one's privacy
- Environment contamination related to disposal of waste and toxic chemicals
- Legal liability assumed by the business under its contractual agreements
What type of coverage is available?
The type of business you operate determines the coverage you need in a commercial liability and property. We’ll make sure that you’re covered with a solid insurance carrier so that—
- You're neither under- nor over-insured
- You have no gaps in coverage
- Your limits are sufficient as your business grows and changes
For more information, call one of the Lang Insurance Group's brokers at 732.282.2700.