When filling out a commercial general liability insurance application, you will need to provide basic information about your business, such as your revenue.
Small business owners need the following information when they apply to compare general liability insurance quotes from Insureon's carrier partners:
For the coverage amount, make sure to check your commercial lease, if applicable. Some landlords require you to carry a certain amount of liability coverage.
General liability insurance costs an average of $42 per month. Your cost is based on a few factors, including:
After you complete a general liability insurance application with Insureon, you will receive:
Insurance quotes. Quotes are estimates of how much your insurance premiums will cost each year and the amount of coverage the insurance company offers. A quote also summarizes the type of coverage your general liability policy offers (bodily injuries, third-party property damage, product liability, etc.) and its endorsements (i.e., add-on coverages that aren’t part of the standard general liability policy form).
The insurance policy. If you decide to move forward and purchase an insurance policy, you will finalize the agreement with an Insureon agent and receive your policy documents. An insurance policy is a 50- to 100-page document that defines what your insurance company will pay for. Your policy sets the coverage limits, deductible, premium, and other insurance details.
Certificate of liability insurance. An insurance certificate is your proof of insurance. It summarizes your policy’s coverage and other key details, including your insurance provider and the policy term. Clients, business partners, and landlords may require this certificate before you sign a contract or lease. Sometimes they need to file a copy of your certificate with their own insurance providers.
Now that you know what to expect from the application process, apply online for free general liability quotes from top-rated insurance companies. Most businesses can get insured within 24 hours and receive proof of coverage immediately.