- General liability insurance
General liability insurance covers common small business risks like customer injury, customer property damage, and advertising injury. It protects your business during lawsuits and helps you qualify for leases and contracts.
General liability covers common risks
General liability insurance for professional services businesses covers common risks that arise from dealing with the public, such as a client tripping and breaking a wrist at your office.
This policy offers coverage related to:
- Customer injuries
- Customer property damage
- Advertising injuries, such as libel and slander
Bundle policies to save money and increase security
If you run a small business, you might be able to bundle general liability insurance with commercial property insurance in a business owner’s policy for savings. Professional services businesses that are eligible for BOPs usually:
- Have fewer than 100 employees
- Have a small office or workplace
- Make less than $1 million annually
- Operate in a low-risk industry
- Need less than 12 months of business interruption insurance
You may also be able to bundle professional liability insurance with general liability insurance or a BOP at a discounted rate. Talk to a licensed Insureon agent to maximize your savings and coverage.
What coverage can general liability provide for professional services businesses?
Third-party bodily injury
If a client or delivery person slips and falls at your travel agency or publishing house, there’s a chance you could be held liable for the injury. If the person takes you to court, you could end up paying for medical expenses and legal costs. General liability insurance covers:
- Medical bills
- Attorney's fees
- Court-ordered judgments
- Funeral expenses in fatal incidents
It’s important to note that this policy does not cover employee injuries. For that, you’ll need workers’ compensation insurance.
Third-party property damage
General liability insurance safeguards you when customer property is damaged. If one of your tutors accidentally drops a student’s laptop, this type of professional services insurance can help cover the cost of repairing or replacing it.
This policy can also protect you from off-site incidents. For example, if a professional organizer damages a valuable keepsake at a client’s home, the resulting lawsuit would be covered by your general liability insurance.
While advertising your company and its professional services, it’s possible to copy a slogan or provide misinformation about a competitor. Accidental advertising injuries are covered by general liability insurance. This includes:
- Defamation, both libel (written) and slander (spoken)
- Copyright infringement
This policy can protect a public speaker accused of slander, or a travel agent who accidentally copied a competitor’s logo. It offers valuable protection to any small business launching an advertising campaign.
Other important professional services policies
While general liability insurance covers many common risks, it does not provide absolute protection. Whether you’re a career coach, corporate trainer, or lawyer, accidents happen. Other professional service insurance policies to consider include:
Business owner's policy: This policy bundles general liability insurance with commercial property insurance, often at a lower premium than if the policies were purchased separately.
Professional liability: This policy, also called errors and omissions insurance for professional services, can help cover legal expenses if a business is sued for unsatisfactory work.
Cyber liability insurance: This policy helps businesses survive data breaches and cyberattacks by paying for recovery expenses and associated costs.
Workers’ compensation insurance: Required in almost every state for professional services businesses that have employees, workers’ comp can cover medical costs for work injuries.
Get free quotes and compare policies with Insureon
Are you ready to safeguard your professional services business with general liability insurance? Complete Insureon’s easy online application today. Once you find the right policy, you can begin coverage in less than 24 hours.