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    • Home
    • Industry
    • Business
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    • About
      • About Us
      • Our CEO
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      • Featured Insights
      • Make claim / make payment
      • Privacy Policy
      • Contact Us
    • 한국어

  • Home
  • Industry
  • Business
  • Personal
  • Employee Benefits
  • About
    • About Us
    • Our CEO
    • Resources
    • Featured Insights
    • Make claim / make payment
    • Privacy Policy
    • Contact Us
  • 한국어

general liability

person mopping floor and slippery warning sign
Broken outside window of a building.

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Man on ladder looking to fix something on a ceiling.

The market situation for general liability insurance can vary depending on several factors including industry trends, economic conditions, and regulatory changes Businesses face rate hikes in commercial liability insurance due to rising claim costs, litigation, and catastrophic events. Staying informed about market trends is crucial. We're committed to understanding your needs and securing tailored coverage. 

Q1. What is general liability insurance?
It’s a business insurance policy that protects companies from financial losses due to lawsuits or claims involving bodily injury, property damage, or personal and advertising injury caused by business operations, products, or services.

Q2. What does it typically cover?
It covers:

  • Bodily injury (e.g., a customer slipping and getting hurt)
     
  • Property damage (damage to someone else’s property caused by your business)
     
  • Personal and advertising injury (defamation, libel, slander, or copyright infringement)
     
  • Legal defense costs (attorney fees, court costs, settlements, and judgments)
     

Q3. Why do businesses need general liability insurance?
It protects against the high cost of lawsuits and helps businesses stay financially secure even when facing unexpected legal claims.

Q4. Who should have it?
Almost all businesses—including retail shops, restaurants, contractors, manufacturers, and service providers—need general liability insurance as a basic layer of protection.

Q5. Does it cover all lawsuits?
It covers most third-party liability claims but may not cover professional errors, employee injuries, or intentional acts. Businesses often pair it with other policies (like professional liability or workers’ compensation) for full protection.

Industry

- Financial Services

- Wholesale / Distributor

- Restaurant

- Real Estate

- Trucking

- Contractors

- Life Sciences

- Manufacturing

- Retail

- Religious Organization 

What we do?

COMPETITIVE QUOTING

COMPETITIVE QUOTING

COMPETITIVE QUOTING

  Get competitive liability insurance quotes to protect your business. Our reliable process ensures the best coverage at competitive rates. 

CLAIMS ASSISTANCE

COMPETITIVE QUOTING

COMPETITIVE QUOTING

 Rely on our responsive claims service for general liability insurance. Our dedicated team ensures fast, fair settlements, providing peace of mind. 

REMARKETING REVIEW

COMPETITIVE QUOTING

REMARKETING REVIEW

 Investigate remarketing options for commercial liability insurance annually. Renew your policy, consider changing providers, or customize coverage to align with your evolving needs. 

RISK MANAGEMENT

INSURANCE PLANNING

REMARKETING REVIEW

 Our team reviews your liability protection coverage annually, ensuring full insurance and advising if underinsured. 

INSURANCE PLANNING

INSURANCE PLANNING

INSURANCE PLANNING

 We provide insurance planning solutions for unforeseen events affecting your commercial operations.  

Contact Us

Schedule a Free Assessment

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Advisor: Jason Kim 201-482-5919

Econoworld Agency, Inc.

222 Bruce Reynolds Boulevard, Suite 440 Fort Lee, NJ 07024, United States

1560 Broadway Suite 800, New York, NY 10036 United States

Hours

Open today

08:30 am – 05:30 pm

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Econoworld Agency, Inc.

222 Bruce Reynolds Blvd. Suite 440, Fort Lee NJ 07640

800-977-8909

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