General Liability Insurance in Aurora, IL

General liability insurance is designed to help protect your business from financial loss if you’re held responsible for third-party injuries, property damage or certain legal claims. This coverage is often considered essential for businesses of all sizes, whether you operate a storefront, work as a contractor or provide professional services.

What Does General Liability Insurance Cover?

General liability policies often include coverage for the following:

• Medical bills and legal costs, if a customer or visitor is injured on your premises or as a result of your business activities.

• Repair or replacement expenses, if your business operations accidentally damage someone else’s property
• Claims of libel, slander, or copyright infringement related to your business’s advertising or communications
• Legal fees and court costs if your business faces a covered lawsuit

It’s important to note that general liability insurance typically does not cover employee injuries, professional errors or damage to your own property.

How Much Does General Liability Insurance Cost?

The cost of general liability insurance for businesses can vary widely. Several key factors determine how much you’ll pay for coverage, such as the following:

• Type of business. Higher-risk industries like construction often pay more than lower-risk businesses, such as consulting or retail.
• Business size and revenue. Larger businesses or those with higher annual revenue may face higher premiums, as they often have greater exposure to risk.
• Location. Operating in a busy area can impact your rates, especially if your business is open to the public or in a high-traffic zone.
• Number of employees. More employees can mean more risk, which may increase your premium.

Other factors affecting insurance costs include your claims history, coverage limits and deductibles.

Secure a Policy Today

At Stella Insurance Agency , we understand how important it is for local business owners, contractors and professionals to financially protect their operations when the unexpected happens. Contact us today to learn more about your coverage options and get a customized quote.