"Spiris makes the process easy and does a great job of finding good protection at affordable rates. I would most definitely recommend their services to other pilots."
Testimonials
Kelly Earnst
Private Pilot
Lafayette, Indiana
Cullen S. Gibson
Vice President of Operations TLC Management, Inc.
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"I have worked with Spiris for several years and have found their organization to be a great partner and advocate for our Industry. It is critical these days to align yourself with other organizations that can bring you the best product that meets your ongoing needs. Spiris is a creative company that can certainly bring a product to your table that fits your business philosophy and financial needs. And more importantly, once the deal is struck, Spiris keeps working for you to find a better product if one is out there. I define this as staying on the cutting edge of the insurance market."
General Liability Insurance quotes
We live in a litigious society, and even small mishaps can result in large lawsuits. Most people remember the 1994 case that awarded $2.7 million to a woman who was burned with McDonald’s coffee. Although the award was later reduced on appeal, multimillion-dollar lawsuits are far from unusual. Small businesses can protect themselves through general liability insurance.
Legal claims that would be covered under a general liability policy include:
- A customer or employee falls on your property and claims negligence
- A competitor sues for slander based on claims in your marketing materials
- A machine malfunctions causing injury to an employee
A general liability insurance policy would cover:
- Legal costs in a covered claim or suit
- Covered liability claims including ones related to bodily injury, property damage, personal injury and advertising injury.
- Compensatory and general damages
General liability insurance policies always state a maximum amount that the insurer will pay during the policy period. Maximum amounts will vary by location and industry, but typical limits are:
- $1,000,000 per occurrence
- $2,000,000 aggregate per policy year
- Higher limits available
It is important to note that no policy is a panacea. There are always exclusions and limitations that can significantly affect your overall protection from risk. One simple example is punitive damages, which are not covered by general liability policies, because such damages are considered punishment for intentional acts.