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Commercial General Liability Insurance (CGL) is a type of property insurance that provides coverage for businesses against claims of bodily injury, property damage, and personal and advertising injury. It is designed to protect businesses from financial losses resulting from claims of negligence or wrongful acts. CGL policies typically cover legal costs, medical expenses, and damages awarded to the claimant.
CGL policies are typically purchased by businesses to protect against claims of negligence or wrongful acts. These policies are often purchased in conjunction with other types of property insurance, such as property damage, business interruption, and workers’ compensation. CGL policies are also often purchased by businesses to protect against claims of libel, slander, and copyright infringement.
CGL policies are offered by a variety of insurance companies, including Allstate, State Farm, Liberty Mutual, Farmers, and Progressive. These companies offer a range of coverage options, including limits, deductibles, and exclusions. Additionally, many of these companies offer additional coverage options, such as cyber liability and employment practices liability. Show Less Read more
