General liability insurance covers your legal liability
should you, your employees or your products cause third party property damage or personal injury.
The most common claims we see relate to workers accidentally damaging property such as:
- A builder dropping a tool and denting a customers floor
- Damage to clients property during a delivery
There are many different types of business insurance in New Zealand that you need to be aware of, especially if you want to protect your company in the event of unfortunate incidents. One of them is general liability insurance - a product that will cover you for legal liability in a number of different situations.
As with any type of business insurance, it's essential that you weigh up the advantages of the cover before taking out a policy. You should also choose a provider that will offer general liability insurance that's tailored to your needs, rather than one that takes a one-size-fits-all approach.
Understanding general liability insurance
If you're not familiar with what general liability insurance covers, then it pays to find out a little more about what the cover entails.
This type of business insurance in New Zealand will provide protection when you, your employees or any of the products you sell lead to damage or personal injury to a third party.