Comprehensive General Liability Insurance
What Does Comprehensive General Liability Insurance Mean?
Comprehensive general liability insurance (CGL) is a type of broad liability insurance that protects businesses from various liability exposures, including, but not limited to, claims related to products, completed operations, and independent contractors.
Most insurers have moved away from using the term “comprehensive” due to its misleading connotations, opting instead for the more accurate term “commercial general liability insurance.”
Insuranceopedia Explains Comprehensive General Liability Insurance
Despite the best efforts of any company, accidents, negligence, and other wrongful conduct can lead to liability exposure in various ways during business operations. This is why many businesses choose to obtain commercial general liability insurance to protect themselves against financial losses resulting from such lawsuits. Coverage typically includes personal injury, bodily injury occurring on the premises, damage to another party’s property, advertising damages, and product liability. However, it usually excludes vehicle liability, pollution claims, professional liability, and contract disputes.
