coverage types
General Liability& Property
Commercial general liability helps business owners avoid the costly expense of claim defense and settlement.
better coverage
Covering Common Liabilities
Commercial general liability covers many common business exposures, including claims resulting in bodily injury, property damage and personal injury caused by the business’ operations, products or injury on business premises.
lower costs
Protecting Your Practice
The purchase of a Business Owners Policy (BOP) allows for a business owner to purchase additional coverages along side general liability coverage such as commercial auto and commercial property insurance.
What is General Liability & Property Insurance?
1
Which businesses are required to carry it
Commercial general liability covers medical groups against the costly expenses of claim defense and settlement. While this policy isn’t required by law, most practices can’t afford the out-of-pocket costs of a liability claim. Moreover, most partners and vendor companies will require you to have this coverage before they’ll work with you, as they’ll want assurances your practice can survive a claim and can continue to doing business.
2
risks it insures against
Commercial general liability is considered a medical group’s first line of defense. It protects your practice against risks such as: third-party bodily injury, third-party property damage, reputational harm, advertising injury and costs such as legal defense, witness fees, judgements and settlements. This policy does not, however, include coverage for professional liability, workers compensation or directors and officers claims.
3
benefits to policy holders
StreamlineMD offers coverages only from top-rated carriers. All of our policies are written to cover your specific exposures and deliver the most comprehensive coverage templates available.
What is General Liability& Property Insurance?
1
Which businesses are required to carry it
Commercial general liability covers medical groups against the costly expenses of claim defense and settlement. While this policy isn’t required by law, most practices can’t afford the out-of-pocket costs of a liability claim. Moreover, most partners and vendor companies will require you to have this coverage before they’ll work with you, as they’ll want assurances your practice can survive a claim and can continue to doing business.
2
risks it insures against
Commercial general liability is considered a medical group’s first line of defense. It protects your practice against risks such as: third-party bodily injury, third-party property damage, reputational harm, advertising injury and costs such as legal defense, witness fees, judgements and settlements. This policy does not, however, include coverage for professional liability, workers compensation or directors and officers claims.
3
benefits to policy holders
StreamlineMD offers coverages only from top-rated carriers. All of our policies are written to cover your specific exposures and deliver the most comprehensive coverage templates available.
Start building your policy today and see how StreamlineMD can deliver coverages that fit your practice.