The term “comprehensive general liability insurance” is an outdated way of referring to general liability insurance. This type of insurance helps protect businesses from liability resulting from normal business operations. Usually, insurance companies no longer use the term “comprehensive” when referring to this type of coverage. Liability insurance does not cover injuries suffered by you or your passengers, or physical damage to your vehicle, even if you are at fault for the accident.
The cost of liability coverage may be higher or lower than the cost of physical damage coverage (comprehensive and collision). Think of it as coverage if you're responsible for an accident, especially for other people's bodily injuries and property damage. Comprehensive general liability insurance (CGL) is a type of general liability insurance that provides protection against a wide range of potential liabilities. This includes, but is not limited to, claims related to products, completed operations and independent contractors. It generally refers to collision coverage and comprehensive coverage, in addition to any other coverage required by the state, such as liability.
If you are found to be at fault in an accident, civil liability may cover the other parties' damages up to the limits of your insurance coverage. Your medical expenses and the medical expenses of your passengers are not covered by liability, collision or comprehensive coverage. Even in states that allow you to waive liability coverage, it can help protect your personal finances if you cause an accident that causes injury to another person or damage to their car or property. If you have a history of speeding accidents and violations, you could pay more for civil liability to offset the risk of insuring you. Comprehensive general liability insurance refers to a commercial insurance policy that provides coverage for customer injuries, damage to customer property, and lawsuits related to both. Adding comprehensive and collision coverage costs more than minimum liability coverage, as it provides significantly more protection. In conclusion, comprehensive general liability insurance is a type of commercial insurance policy that provides protection against a wide range of potential liabilities.
It covers customer injuries, damage to customer property, and lawsuits related to both. It also includes collision and comprehensive coverage, as well as any other coverage required by the state. It is important to understand what is covered by comprehensive general liability insurance in order to make sure that your business is adequately protected.