What is Commercial General Liability Insurance?

The main goal of every business person is to make a profit. However, numerous obstacles come in the way of accomplishing this goal. Various risks that affect businesses can cause financial losses and threaten the existence of a company.

For savvy business owners, protecting their investment is a priority. You want to make sure that no matter the challenges you experience, you’ll survive. One of the best decisions you can make to secure your business’s future is to purchase commercial general liability insurance.

Are you a business owner in Goldsboro, NC, and are not familiar with this term? Wayne Realty & Insurance Co Inc. is here to give you a low down on everything you need to know about this insurance.


Commercial general liability insurance protects your business against losses due to financial obligations you’re liable for. If you’ve caused property damage to another person or made an advertising injury, this is the policy to save you from incurring heavy financial losses.

The main goal of this coverage is to protect you against non-professional acts of negligence.

What Does It Cover?

If you’re found liable for certain losses, this coverage will pay for the damages on your behalf. It will also cover the costs of the lawsuit. However, like every coverage, you only get protection for up to the limits of your policy. If the policy amount is not enough to cover the loss, you’ll pay the rest from your pocket.

Commercial general liability will protect you against losses from legal liability after you’ve injured a person or caused property damage to another person. It will also include any injuries to third parties at your business premises caused by your acts of negligence.

Purchase Commercial General Liability Coverage Today

No business should assume the benefits of this coverage. It ensures that your business can survive losses resulting from third-party bodily injury and property damage claims.

If you’ve not purchased your coverage today, what are you waiting for? Wayne Realty & Insurance Co Inc. is a reliable partner in matters of insurance in Goldsboro, NC. We’ll help you through the process of buying insurance.

Contact us today, and let’s work together for your own good.