Commercial liability insurance is a broad insurance policy that provides liability insurance for general business risks.
Commercial Commercial Obligation (CGL) is the specific name for this type of policy in the US insurance market. This is the "first line" of the scope normally purchased by the business, and includes many common risks that may occur in any type of business, such as bodily injury or property damage in business premises or due to business operations, personal and advertising injuries, and medical payments.
Specifically excludes certain types of risks, including professional services, pollution, alcoholism, and the responsibilities of directors and officers, and a separate insurance policy is available to cover this situation.
Video Commercial general liability insurance
Coverage of construction defects
Whether general liability insurance covers construction flaws or "faulty work" is a matter of debate, as some insurance companies have seen poor work as a risk covered by a bond guarantee rather than an insurance policy provided that a construction professional may have some influence (through concern to detail, skill, and effort) on whether such defects occur. Although in some jurisdictions spare parts manufacturers continue to have coverage under the Commercial Liability policy if their component parts damage the finished product, in this case homeowners are pursuing house damage caused by damaged windows.
Maps Commercial general liability insurance
References
Source of the article : Wikipedia
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