general liability insuranceGeneral liability insurance is one of those insurance terms that is not interchangeable with small business insurance. General liability insurance is only one part of a small business insurance package.

A complete small business insurance package can also include business auto insurance, workers compensation or a healthcare insurance plan. The package may even have to include a building insurance policy if you own the commercial building where you operate your business.

General liability insurance is for paying those liability claims made against the business. How much coverage you need will depend upon the risk exposure of your business. For example, a floral shop is less risky than a dynamite factory, so less coverage is required and lower premiums are paid.

Talk with your insurance agent for an evaluation of your business insurance needs and a customized insurance program.