Any small business in Massachusetts dealing with the public should have adequate general liability insurance. O’Connor & Co. Insurance Agency can help your Massachusetts company select an appropriate general liability insurance policy to minimize your risks.
General liability insurance is appropriate for a business of any size, large or small. In today’s litigious society, a simple slip and fall in your doorway or a defect in your company’s product can result in a lawsuit of enormous expense. General liability insurance is designed to help cover medical, legal and other costs if another party suffers bodily injury or personal property damage due to your company’s negligence.
Most business insurance policies (BOPs) contain some general liability coverage, but a small business should be sure that such coverage handles their specific needs. A proper general liability policy will address your business’ areas of risk and ensure that you have sufficient liability limits to handle potential lawsuit costs. For example, a Massachusetts business with prominent public exposure, such as a factory, may purchase liability insurance to protect them if an accident adversely impacts the public. Other businesses may add industry-specific endorsements to their general liability coverage or even consider purchasing umbrella insurance if their exposure and risks are unusually high.
Speak with an O’Connor & Co. Insurance Agent to review your Massachusetts small business’ risks and needs and to develop a general liability insurance policy appropriate for your company.