FDIC-Insured · Backed by the full faith and credit of the U.S. Government

Business Insurance

General Liability

General liability insurance (GLI) helps protect your small business from third-party claims that it caused bodily injuries or property damage to others. Without general liability coverage, you’d have to pay for these claims out of pocket. GLI is also known as

  • Business liability insurance
  • Commercial general liability
  • Commercial liability insurance
  • Comprehensive general liability (CGL)

Types of Farm & Ag Financing

What does General liability insurance cover?

General liability provides coverage for claims that can happen during normal operations on or off-site it can help cover:

Why Do You Need Commercial General Liability Insurance?

Commercial General Liability (CGL) insurance helps protect your business from the financial impact of everyday risks. It can help cover legal expenses, medical costs, and damages resulting from third-party bodily injury, property damage, and certain advertising or personal injury claims. With the right coverage in place, you can operate with greater confidence, knowing your business is better protected from unexpected events.

Who Needs Commercial General Liability Insurance?

A Commercial General Liability policy is recommended for businesses of all sizes, including:

  • Contractors
  • Trucking companies
  • Professional offices
  • Manufacturers
  • Retail stores
  • Wholesalers and distributors
  • Service-based businesses
  • Restaurants
  • Auto repair shops
  • Landlords and rental property owners

Business Insurance Knowledge Center

General Liability Insurance FAQs

Why is General liability needed?

Liability insurance coverage helps protect you from costly general liability claims that can happen during normal business situations including

  • You or your employees representing a client
  • Meeting with clients face to face
  • Working on or with another person’s property
  • Using third-party locations for business activities
  • Advertising your business

Your clients may require you to confirm proof of general liability insurance before they sign a contract with you

  • Per occurrence limit – is the maximum amount of money an insurance company will pay for any one claim
  • General Aggregate limit – the maximum amount of money your insurance company will pay out for claims during a policy period
  • Typically, you will see a 1,000,000 per occurrence and 2,000,000 aggregate limits
  • Commercial auto accidents that you or your employees cause while driving for work
  • Employee injuries or illnesses due to their work
  • Damage to your own business property
  • Mistakes or errors in the professional services given to customers
  • Claims that cost more than your liability limits
  • Illegal acts or wrongdoing

The cost of general liability insurance depends on several factors, including your location, the number of employees, and the level of risk your business faces. To Find out how much a general liability insurance policy would cost for your business contact us!


Ready when you are

Request a Business Insurance Quote Today

If you’re looking for reliable business insurance in Iowa or a local insurance agency that understands the unique risks your business faces, State Bank & Insurance is here to help.

Contact us today to request a customized business insurance quote and speak with a local agent about protecting your employees, property, and operations.

You are about to leave the State Bank & Insurance website and visit a third-party website. State Bank & Insurance is not responsible for the content, security, or privacy practices of external websites.