Who Benefits From General Liability Insurance?

If you're a small business owner, you need some form of small business liability insurance. If you don't have a policy, you risk the possibility of a lawsuit that can put you out of business. The results can cost you your income and send you deep into debt. It's not unusual for customers and vendors to refuse to do business with a company that doesn't carry comprehensive general liability insurance.

Contractors also need general liability insurance. While you may not want a full business owners' policy that covers operating expenses, consider your risk if someone claims your company was responsible for property damage or bodily injury at a job site. With a contractor general liability insurance plan in place, you're protected from this type of business disaster.

How Much Does Liability Insurance Cost?

The cost of general liability insurance varies from business to business. Companies with a large number of employees are subject to more risk and often pay higher premiums. Business location is also a factor. Companies operating in areas with large populations tend to have higher premiums. Finally, exposure is one of the biggest considerations. A company that only manufactures goods will pay a lower premium than a company that manufactures and installs its products.

Get a General Liability Quote from Our Trusted, Local Experts 

As one of the most trusted general liability insurance providers in the Santa Cruz area, Allanson Insurance understands what it takes to build and protect your business. From the day you open to the day you retire, we're here to help. You can depend on us to cover your future with a quality business liability policy that minimizes your risks and protects you from unexpected situations.

Call us today to learn more about your general liability insurance needs. We'll work up a personalized quote based on the unique factors that make your business one of a kind. At Allanson Insurance, we're on your side, and we're always here for you.