Commercial Insurance

General Liability Insurance for Your Business

General liability is the foundation of business insurance. Buffer Insurance is an independent brokerage — we shop multiple carriers to find the right GL policy for your business, whether you are a contractor, retailer, consultant, or startup.

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Standard Limits
$1M / $2M
Per occurrence / aggregate
Independence
100%
Not captive to any carrier
Licensed In
41 States
Nationwide commercial coverage
The Basics

What Is General Liability Insurance?

General liability insurance — often called GL or CGL (Commercial General Liability) — is the foundation of business insurance. It protects your business from financial loss when you are held liable for bodily injury, property damage, or personal and advertising injury caused to a third party.

Nearly every business needs GL coverage. It pays for legal defense costs, settlements, and judgments when someone claims your business operations caused them harm. Without it, a single lawsuit could threaten your business's survival. GL also covers medical payments for minor injuries on your premises, regardless of fault — helping resolve small incidents before they become lawsuits.

Coverage Breakdown

What General Liability Covers

A standard GL policy provides broad protection across five key areas. Each covers a different type of risk your business faces every day.

Coverage A

Bodily Injury

Covers injuries to third parties caused by your business operations. A customer slips on a wet floor in your office, a delivery person trips over equipment at your job site — GL pays for their medical bills, lost wages, and legal costs if they sue.

Example: A client visits your office and falls on a loose carpet, breaking their wrist
Coverage A

Property Damage

Covers damage you cause to someone else's property during your business operations. If a plumber accidentally floods a client's basement, or a mover damages furniture during a delivery, GL covers the repair or replacement costs.

Example: Your employee damages a client's server rack while installing network cabling
Coverage B

Personal & Advertising Injury

Covers non-physical harms: defamation (libel and slander), copyright infringement in your advertising, wrongful eviction, invasion of privacy, and false arrest. If your marketing materials inadvertently use a competitor's copyrighted content, GL defends the claim.

Example: A competitor sues claiming your ad copy infringes on their trademark
Coverage C

Medical Payments

Pays for minor medical expenses when someone is injured on your premises or by your operations — regardless of who is at fault. This no-fault coverage helps resolve small incidents quickly without litigation. Typical limits are $5,000 to $10,000 per person.

Example: A vendor twists their ankle in your parking lot and needs an ER visit
Coverage A

Products / Completed Operations

Covers liability arising from products you manufacture, sell, or distribute, and from work you have completed. If a product you sold causes injury after the sale, or a construction project you finished causes damage months later, this coverage responds.

Example: A product you sold malfunctions and injures the end user six months after purchase
Know the Limits

What General Liability Does NOT Cover

Understanding exclusions is just as important as knowing what is covered. GL is broad, but it has clear boundaries. These gaps are filled by other commercial policies that Buffer can help you find.

Employee Injuries

Injuries to your own employees are excluded from GL. They are covered by workers' compensation insurance, which is required in most states. GL only covers third parties.

Professional Errors

Mistakes, negligence, or failure to perform professional services are not covered by GL. You need Professional Liability (Errors & Omissions) insurance for these claims.

Auto Accidents

Vehicle-related liability is excluded from GL policies. If your employee causes an accident in a company vehicle, you need commercial auto insurance to cover those claims.

Intentional Acts

Damage or injury you cause on purpose is never covered by insurance. GL only covers accidental occurrences and negligence — not deliberate harm or fraudulent conduct.

Your Own Property

GL covers damage to other people's property, not your own. Your business equipment, inventory, and building are covered by commercial property insurance — often bundled into a BOP.

Is It Required?

Who Needs General Liability Insurance?

The short answer: virtually every business. Whether you have a storefront, work from home, or operate on client job sites, GL coverage is either required or practically essential. Here is why.

Landlord Requirements

Most commercial leases require tenants to carry GL coverage and name the landlord as an additional insured. You cannot sign a lease without it.

Client Contracts

Many clients — especially larger companies and government agencies — require vendors and subcontractors to carry minimum GL limits before awarding work. No GL, no contract.

State Licensing

Many states require contractors, tradespeople, and certain professional service firms to carry GL insurance as a condition of licensure. Operating without it can result in fines or license revocation.

Vendor & Event Agreements

Trade shows, festivals, markets, and vendor agreements almost always require proof of GL coverage. If you sell products or services in person, you will be asked for a Certificate of Insurance.

Financial Protection

Even without a contractual requirement, a single lawsuit can cost tens or hundreds of thousands of dollars in legal fees alone. GL is the most cost-effective way to protect your business from catastrophic financial loss.

Limits & Pricing

Typical Coverage Limits & What Affects Your Premium

The standard general liability policy uses a $1,000,000 per-occurrence limit and a $2,000,000 general aggregate limit. Here is what that means and what drives your cost.

Limit Type Typical Amount What It Means
Per Occurrence $1,000,000 The maximum the insurer pays for any single claim or incident, including legal defense and settlement costs.
General Aggregate $2,000,000 The total maximum the insurer pays for all claims combined during the policy period (usually one year).
Products/Completed Ops Aggregate $2,000,000 A separate aggregate limit specifically for claims arising from your products or completed work.
Personal & Advertising Injury $1,000,000 Per-person or per-organization limit for defamation, copyright infringement, and similar non-physical claims.
Medical Payments $5,000 – $10,000 Per-person limit for no-fault medical expenses for minor injuries on your premises or from your operations.

What Affects Your Premium

Industry & Risk Class

A roofing contractor pays significantly more than a marketing consultant. Your industry classification code determines your base rate.

Annual Revenue

Higher revenue generally means more customer interactions and higher risk exposure, which increases your premium.

Location

Premiums vary by state and even by city. Areas with higher litigation rates or more regulatory requirements cost more.

Claims History

A clean claims record keeps your rates low. Prior claims signal higher risk and lead to higher premiums or coverage restrictions.

Number of Employees

More employees means more exposure — more people interacting with customers, working on job sites, and creating potential liability situations.

Coverage Limits & Deductible

Higher limits cost more. Choosing a higher deductible can lower your premium but increases your out-of-pocket cost per claim.

Key Decision

General Liability vs. Business Owner's Policy (BOP)

Many small businesses can save money and get broader protection by bundling GL into a Business Owner's Policy. Here is how they compare.

Feature Standalone General Liability Business Owner's Policy (BOP)
General Liability Included — bodily injury, property damage, personal/advertising injury, medical payments. Included — same GL coverage as a standalone policy.
Commercial Property Not included. Must be purchased separately to cover your building, equipment, inventory, and furnishings. Included — covers your business property, equipment, inventory, and tenant improvements.
Business Income Not included. If a covered event shuts down your business, you have no income replacement. Included — replaces lost income and covers ongoing expenses if a covered event forces you to close temporarily.
Cost Lower upfront cost since it covers only liability. Often cheaper than buying GL + commercial property + business income separately. Bundling saves most small businesses money.
Best For Home-based businesses, sole proprietors with minimal physical assets, or businesses that already have property coverage elsewhere. Small to mid-size businesses with a physical location, equipment, inventory, or leased space. The most popular choice for Main Street businesses.
Common Questions

General Liability FAQ

Straightforward answers to the questions we hear most from business owners evaluating their liability coverage.

What does general liability insurance cover?
General liability insurance covers third-party bodily injury, property damage, personal and advertising injury, and medical payments. For example, if a customer slips and falls in your office, or you accidentally damage a client's property while performing work, GL covers the resulting costs including legal defense.
How much does general liability insurance cost?
The cost varies based on your industry, annual revenue, location, number of employees, claims history, and coverage limits. Many small businesses pay between $400 and $1,500 per year for a standard $1M/$2M policy. Because Buffer is an independent broker, we shop multiple carriers to find competitive rates for your specific business.
Is general liability insurance required by law?
General liability insurance is not required by federal law for most businesses, but many states require it for licensed contractors. Beyond legal requirements, landlords, clients, and vendors frequently require proof of GL coverage before signing a lease or contract. In practice, it is difficult to operate a business without it.
What is the difference between general liability and professional liability?
General liability covers physical incidents — bodily injury, property damage, and advertising injury. Professional liability (also called Errors and Omissions or E&O) covers financial losses caused by professional mistakes, negligence, or failure to deliver services as promised. Most businesses need both types of coverage.
Does general liability cover employee injuries?
No. General liability insurance only covers injuries to third parties — customers, vendors, or the general public. Employee injuries that occur on the job are covered by workers' compensation insurance, which is a separate and legally required policy in most states.
What does $1M/$2M mean for GL coverage limits?
The $1M/$2M structure refers to per-occurrence and aggregate limits. The $1 million per-occurrence limit is the maximum the insurer will pay for a single claim or incident. The $2 million aggregate limit is the maximum the insurer will pay for all claims combined during the policy period (typically one year).
Should I get general liability or a Business Owner's Policy (BOP)?
A Business Owner's Policy bundles general liability with commercial property insurance and business income coverage, often at a lower cost than purchasing each policy separately. If your business owns or leases a physical space with equipment, inventory, or furnishings, a BOP is usually the better value. If you operate with minimal physical assets, standalone GL may be sufficient.
How does Buffer help with general liability insurance?
Buffer Insurance is an independent brokerage — we are not captive to any single carrier. We shop your GL coverage across multiple insurance companies to find the right combination of coverage, limits, and price for your business. We handle the quoting, policy comparison, and ongoing service so you can focus on running your business.
JE
Your Commercial Advisor
Jenna Easterling
Commercial Insurance Advisor

Ready to Protect Your Business?

Let Buffer shop your general liability coverage across multiple carriers. We will compare quotes, explain your options, and find the right policy — at no extra cost to you.

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