{"id":70,"date":"2020-05-31T04:00:00","date_gmt":"2020-05-31T10:00:00","guid":{"rendered":"https:\/\/www.waynerealtyins.com\/blog\/?p=70"},"modified":"2020-05-31T14:01:27","modified_gmt":"2020-05-31T20:01:27","slug":"how-general-liability-insurance-protects-your-small-business","status":"publish","type":"post","link":"https:\/\/www.waynerealtyins.com\/blog\/how-general-liability-insurance-protects-your-small-business\/","title":{"rendered":"How General Liability Insurance Protects Your Small Business"},"content":{"rendered":"<p>Entrepreneurs love the excitement of creating and promoting a new product as a small business owner.&nbsp;Wayne Realty &amp; Insurance Co Inc. of Goldsboro, NC can help with securing the right amount of general liability insurance for your new business venture.&nbsp;The broadness of the coverage will be based on the businesses&#8217; specific needs.&nbsp;<\/p>\n<p><strong>Common General Liability Insurance Coverage<\/strong><\/p>\n<p>All small business owners should have some form of general liability insurance in order to survive in today&#8217;s tough marketplace. A&nbsp;policy offers a broad amount of coverage that&nbsp;protects&nbsp;a small business from a number of different risks and obstacles that come&nbsp;with opening your doors to the general public each day.<\/p>\n<p>General liability insurance will cover all legal costs associated with a potential lawsuit. Without the coverage, a final judgment or financial settlement to&nbsp;a civil dispute&nbsp;could cost a large amount of money and force the closure of your&nbsp;business. It&#8217;s important to remember that not every general liability insurance policy is absolute. To protect your small business, you will need certain terms in the agreement&nbsp;to gain full coverage.&nbsp;<\/p>\n<p><strong>Common General Liability Insurance Terms<\/strong><\/p>\n<p>The most common term of general liability insurance is &quot;third party property&quot; damage claims, which could involve a possible lawsuit for damaging a client&#8217;s or customer&#8217;s personal property. Often, the unfortunate accident is a result of normal business practices&nbsp;taken by one of your employees.&nbsp;<\/p>\n<p>Another common term is &quot;regardless of fault&quot; as general liability insurance protects a small business if an individual or employee is&nbsp;injured on the storefront property. Common examples include a customer slipping on a&nbsp;wet floor without any caution signs shown in full view. Or an employee getting injured while executing&nbsp;their job&#8217;s daily tasks. General liability insurance coverage will pay for all medical care and either repairing or replacing personal property that was damaged in the process.&nbsp;<\/p>\n<p>Small business owners are constantly looking at the bottom line and trying to make the best financial decisions for their business. Wayne Realty &amp; Insurance Co Inc.&nbsp;of Goldsboro, NC can create different general liability insurance policies that fits within your businesses&#8217; budget. We want to protect your investment with the best coverage on the market today. Call and let us help.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Entrepreneurs love the excitement of creating and promoting a new product as a small business owner.&nbsp;Wayne Realty &amp; Insurance Co Inc. of Goldsboro, NC can help with securing the right amount of general liability insurance for your new business venture.&nbsp;The broadness of the coverage will be based on the businesses&#8217; specific needs.&nbsp; Common General Liability [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5,9],"class_list":["post-70","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-goldsboro-nc","tag-wayne-realty-insurance-co-inc-2"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/posts\/70","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/comments?post=70"}],"version-history":[{"count":1,"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/posts\/70\/revisions"}],"predecessor-version":[{"id":71,"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/posts\/70\/revisions\/71"}],"wp:attachment":[{"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/media?parent=70"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/categories?post=70"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.waynerealtyins.com\/blog\/wp-json\/wp\/v2\/tags?post=70"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}