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General Liability for Real Estate Professionals

General Liability Insurance

You deserve top-tier general liability Insurance tailored specifically to your real estate endeavors. Whether it’s sales, escrow, property management, or mortgage brokering, our coverage is meticulously designed to meet your needs.

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General Liability Insurance

What is general liability insurance?

General liability insurance helps the small business owner cover the costs of claims made against their business when there is bodily injury or property damage on their business premises, or while employees engage in their work duties. Those costs can include legal defense, judgment, or settlement.

Who needs general liability insurance?

In short, just about every small business benefits from having general liability insurance. In fact, it’s the most common commercial insurance purchase. It’s such a common business insurance coverage, that many people simply think of a general liability policy as “business insurance.”

If you rent or lease an office or commercial space, your landlord may require this coverage. Additionally, if your business is engaging clients through contracts, general liability may be a requirement to close the deal.

As a rule of thumb, if your small business interacts with or is open to the public, commercial general liability insurance is a good idea. It’s the foundation of your small business insurance protection. General liability may help protect your business from the financial consequences of being sued by an injured customer, or others you may accidentally harm.

General Liability Right For Your

Do you need general liability?

Here are some things to consider if you’re unsure if you need general liability insurance:

  • Is your business open to the public?
  • Is your office or facility frequently visited by customers or clients?
  • Do you work with customers at a job site?
  • Do you visit customers or clients at an office?
  • Does your business handle client property?
  • Do you lease facilities or offices?
  • Do you advertise or market your business?

What does general liability cover?

A general liability policy extends a very specific form of protection to small businesses. Its purpose is to provide protection for commercial liabilities your business may incur under its normal operation.

In general, this form of coverage is for lawsuits and damages claims by third parties for bodily injury and property damage. It also provides for advertising injuries your business may incur or claims against your business by competitors. Included in this coverage is your legal defense should a claim for damage require legal representation.

Pro-Tip: If your business is engaged in professional services (eg. accounting, engineering, legal services), your consultations and professional advice are not covered by a general liability policy. You may need a professional liability policy for protection against errors and omissions.

How much does a general liability policy cost?

General Liability Cost

General liability insurance costs vary depending on your industry and the coverage amount you request. For example, if your business is construction, your premiums may be higher than an accounting firm. In reality, the cost of general liability coverage is influenced by a number of things, including:

  • The limit your request
  • Exposure to risk
  • Location of business
  • Number of employees
  • Business annual revenues
  • Number of employees
  • Claims history

There are many sites that will provide you with average costs. That may not reflect accurately what you will pay. The best way to know the cost is to get a quote.

It Starts With a Quote

You provide us your information once and we’ll shop the market for you. It’s fast, safe and secure.

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Call 877-334-7646 to speak with a business specialist.