Dean Insurance Blog

General Liability Insurance



General Liability Insurance Harford County, Harford County Liability Insurance

Virtually all businesses need general liability insurance coverage. Whether you're a contractor who accidentally breaks a water or gas pipe, a restaurant owner who accidentally serves spoiled food, or a merchant who has someone fall on a slippery surface in the store, general liability insurance will help protect you and your business.

Liability Insurance

Commercial liability insurance is designed to protect you in the event of a claim from a person or entity contending that an occurrence arising out of the conduct of your business caused them some type of harm. The maximum amount the policy will pay depends upon the Limits of Liability purchased. Liability Limits are stated on the declarations page of your policy.

The term "general liability" refers to nearly all forms of business liability coverage except automobile, workers compensation insurance and specialized areas of insurance such as professional liability.

General Liability can be written stand-alone as a monoline policy or as part of a Commercial Package Policy. Most of the time a Commercial Package Policy is the most efficient and economical way to cover a business, particularly when (as most businesses do) coverage's in addition to basic general liability are required.

One of our Commercial Lines Specialists can determine which type of policy is most appropriate for your business.

Pricing for Commercial General Liability policies is based on a few factors. First considered is the classification of the risk. Are you a general contractor, flooring contractor, a restaurant owner or perhaps a florist? Just about every type of work under the sun has its own classification and associated rates.

Multiple classifications may also be covered on one policy, such as in the case of a contractor who may employ roofers, masons, carpenters and plumbers, etc.

Each of those trades is assigned a different classification and each have different rates assigned to them. Rates are most often applied to sales volume, payroll, square footage or number of units, depending upon the type of business.
For instance, rates for nearly all contractor classifications are calculated per $100 of payroll while rates for a computer store are based on sales volume and children's daycare center rates are applied by the number of students. Every classification has its own premium basis assigned to it.

Your Commercial Lines Specialist can explain the details of the premium determination for your business.Virtually all businesses need general liability insurance coverage. Whether you're a contractor who accidentally breaks a water or gas pipe, a restaurant owner who accidentally serves spoiled food, or a merchant who has someone fall on a slippery surface in the store, general liability is the insurance that will help protect you.

This insurance is designed to protect you in the event of a claim from a person or entity contending that an occurrence arising out of the conduct of your business caused them some type of harm. The maximum amount the policy will pay depends upon the Limits of Liability purchased. Liability Limits are stated on the declarations page of your policy.

The term "general liability" refers to nearly all forms of business liability coverage except automobile, workers compensation insurance and specialized areas of insurance such as professional liability.

General Liability can be written stand-alone as a monoline policy or as part of a Commercial Package Policy. Most of the time a Commercial Package Policy is the most efficient and economical way to cover a business, particularly when (as most businesses do) coverage's in addition to basic general liability are required.

One of our Commercial Lines Specialists can determine which type of policy is most appropriate for your business.

Pricing for Commercial General Liability policies is based on a few factors. First considered is the classification of the risk. Are you a general contractor, flooring contractor, a restaurant owner or perhaps a florist? Just about every type of work under the sun has its own classification and associated rates.

Multiple classifications may also be covered on one policy, such as in the case of a contractor who may employ roofers, masons, carpenters and plumbers, etc.
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General Liability Insurance Quote

Each of those trades is assigned a different classification and each have different rates assigned to them. Rates are most often applied to sales volume, payroll, square footage or number of units, depending upon the type of business.
For instance, rates for nearly all contractor classifications are calculated per $100 of payroll while rates for a computer store are based on sales volume and children's daycare center rates are applied by the number of students. Every classification has its own premium basis assigned to it.

Your Commercial Lines Specialist can explain the details of the premium determination for your business.


Call Dean Insurance at 410.838.3700 for a quote on your individual or business insurance needs,
or click here for Dean Insurance contact you directly!

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