Hartford General Liability Insurance: Everything You Need to Know

Running a business comes with its own set of risks, and that’s where general liability insurance comes in. Among the many insurance providers out there, Hartford is one of the most reliable and trustworthy options available for businesses of all sizes.

What is Hartford General Liability Insurance?

Hartford General Liability Insurance is a type of commercial insurance that protects businesses from accidents, injuries, and property damage caused by their operations or products. This policy covers the cost of legal defense, settlements or judgments, and medical expenses for injured parties who are harmed due to the business’s negligence.

General liability insurance is also known as “business liability insurance” and “commercial general liability insurance.” Hartford’s general liability insurance is designed to help businesses protect their assets and reputation by providing coverage for bodily injury, property damage, and advertising injury that may occur during day-to-day operations.

What Does Hartford General Liability Insurance Cover?

Hartford’s general liability insurance covers a variety of situations that may arise in the course of business operations. Some of the most common scenarios include:

Note that these are just a few examples of what Hartford General Liability Insurance covers. Policies can be customized to meet the specific needs of individual businesses.

Why Do You Need Hartford General Liability Insurance?

Hartford General Liability Insurance is important because it protects businesses from financial losses that may result from accidents or injuries caused by their operations. Without adequate insurance coverage, businesses risk facing costly lawsuits that can easily bankrupt them.

Furthermore, many clients and partners require businesses to have general liability insurance before they can work with them. Having insurance coverage shows that a business is prepared for the unexpected and takes responsibility for its actions.

How to Buy Hartford General Liability Insurance?

To buy Hartford General Liability Insurance, businesses can either contact a local insurance agent or visit the Hartford website. On the website, businesses can get a quote online or speak to a representative over the phone. The insurance company also offers additional coverage, such as commercial auto insurance and workers’ compensation insurance, which can be added to the policy as needed.

What Factors Affect the Cost of Hartford General Liability Insurance?

The cost of Hartford General Liability Insurance depends on several factors, including the type of business, the location, the number of employees, and the level of risk associated with the business’s operations. Some of the factors that may impact the cost of the policy include:

How to Save Money on Hartford General Liability Insurance?

While the cost of Hartford General Liability Insurance may vary depending on various factors, there are several ways businesses can save money on their premiums. Some of the most common strategies include:

• Bundle insurance policies: Businesses can save money by combining their general liability with other policies, such as commercial property insurance or workers’ compensation insurance
• Increase deductibles: Raising the deductible amount can help lower monthly premiums
• Reduce risk: Businesses can lower their risk by implementing safety procedures and training programs that reduce the likelihood of accidents or injuries
• Shop around: It’s always a good idea to get quotes from different insurers to compare prices and coverage options

What Are Some Common Exclusions from Hartford General Liability Insurance?

While Hartford General Liability Insurance covers many situations, there are some common exclusions that businesses should be aware of. Some of the most common exclusions include:

• Intentional acts: The policy does not cover damages caused by intentional acts or fraud
• Damage to own property: The policy does not cover damage to the business’s own property
• Professional liability: The policy does not cover damages resulting from professional errors or omissions
• Employee injuries: The policy does not cover injuries sustained by employees, which are typically covered by workers’ compensation insurance

Do You Need Additional Insurance Coverage?

While Hartford General Liability Insurance is an essential policy for many businesses, there may be additional types of coverage that are necessary depending on the specific needs of the business. Some of the most common types of additional coverage include:

• Commercial Property Insurance: Coverage for damages to business property, including buildings, equipment, and inventory
• Workers’ Compensation Insurance: Coverage for employee injuries and illnesses
• Professional Liability Insurance: Coverage for damages resulting from professional errors or omissions
• Product Liability Insurance: Coverage for damages resulting from faulty products that cause injury or damage to third parties

Conclusion

Hartford General Liability Insurance is a necessary expense for many businesses. This policy provides coverage for accidents, injuries, and property damage caused by the business’s operations or products. Businesses can customize their policy to meet their specific needs and reduce their risk by implementing safety procedures and training programs.

If you’re interested in learning more about Hartford General Liability Insurance or getting a quote for your business, contact Hartford or speak to a local insurance agent today.