General civil liability
Civil liability insurance covers two types of damages: bodily injury and material damages. This coverage comes into play in the event you are sued for either of these types of damages.
This insurance covers the risk of injury to your customers and visitors at your workplace or off-site during work related to your company.
The purpose of civil liability insurance is to protect your assets. The amount of insurance you purchase should correspond to the level of risk to which you are exposed. Your broker will assess your situation and let you know how much insurance you need.
In the event of a covered accident, whether or not you are at fault, this coverage includes legal costs.
You are a tenant in a building worth $2,000,000. You could be held liable for a fire and for damages to the building and its contents.
Someone slips and falls at your workplace and is seriously injured.