Savvy business owners like you understand the need for general liability insurance. Typically, general liability covers certain types of injuries experienced by a third party while at your company. Certain types of operations can pose additional risks to third parties especially if you own the premises. From heavy machinery to hazardous workplace conditions, your business may be exposed to a lawsuit arising from damages and/or injuries to a third party, especially as a result of negligence or some other potentially wrongful act. Here’s what you should know about premises liability insurance.
What Types of Injury Apply?
Premises liability applies to a wide range of certain types of personal injury, which includes, but may not be limited to the following:
- Slip and fall
- Snow and ice-related incidents
- Poor facility maintenance
- Negligent conditions
- Insufficient security or safety
- Accidents involving elevators and escalators
- Water damage, including leaks and flooding
- Injuries from pets and other animals
Carefully consider the way you do business to see if there are premises liability exposures not addressed by standard general liability protection.
Who Should I Talk To?
When it comes to covering your business, it’s essential that you talk to a provider that can help you find products that are tailored to your operations. Your general liability policy may need to be beefed up to address specific premises-related risks. This is especially true if you own the premises.