General Liability Insurance is a type of insurance policy that provides coverage for businesses against claims of bodily injury, property damage, personal injury, and advertising injury. It is designed to protect businesses from financial losses arising from lawsuits or legal claims filed by third parties who allege that they suffered harm or loss due to the business’s activities or negligence.
Here’s why general liability insurance is important:
Overall, general liability insurance is a critical component of risk management for businesses of all sizes and industries. It helps protect businesses from the financial consequences of legal claims and liabilities, provides peace of mind to business owners, and contributes to the long-term sustainability and success of the business.
Don’t hesitate to contact Murphy Insurance at 800 222 8711 or submit an inquiry via our Contact Us form to learn about our General Liability Insurance.
If you’re running a business from home, it’s crucial to assess your risks and determine your insurance needs, whether it’s a part-time, seasonal, or full-time operation. Starting a business from home can be challenging, but having the right insurance gives you a safety net and lets you breathe easily amidst the challenges.
Rising inflation has driven personal and commercial auto liability insurance costs billions higher, impacting both policyholders and insurers, according to a recent study. Despite dominating premium earnings, personal auto policies often offer significantly lower coverage limits than commercial policies, highlighting a crucial gap in protection.
Successful startups require vision, passion, and appropriate business insurance coverage. While launching a new venture can incur expenses, cutting corners on insurance is not advisable because of its critical role in safeguarding business interests.
Earning from services like driving for Uber or renting out your home on Airbnb can be appealing, but standard personal auto and home insurance policies do not provide coverage for these activities, potentially leaving you exposed to significant gaps in coverage in the event of an accident. It’s essential to explore specialized insurance options tailored to these ventures to ensure adequate protection for your assets and liabilities.
Murphy Insurance Agency provides insurance solutions across Massachusetts and New England. Where you live is not a barrier to our assisting you. We are proud to serve the communities where our customers live and work, including Acton, Ashland, Ayer, Bellingham, Berlin, Blackstone, Bolton, Boston, Boxborough, Boylston, Chelmsford, Clinton, Concord, Devens, Dunstable, Fitchburg, Foxborough, Framingham, Franklin, Groton, Harvard, Holliston, Hopedale, Hopkinton, Hudson, Lancaster, Leominster, Littleton, Lunenburg, Marlborough, Maynard, Medfield, Medway, Mendon, Milford, Millis, Millville, Natick, Norfolk, Northborough, Northbridge, Pepperell, Sherborn, Shirley, Shrewsbury, Southborough, Sterling, Stow, Sudbury, Townsend, Upton, Uxbridge, Wayland, Westborough, Westford, Weston, Whitinsville, Worcester, and last but not least, Wrentham.