There Are Several General Liability Coverages
The main GL policy typically covers the following:
Bodily Injury: Pays out to anyone injured while on your premises including medical and loss of services costs.
Property Damage: Damages to another’s property in the course of doing business will be paid out under this coverage.
Products and Completed Ops: This is a very important coverage, if you install any material that is later found to be defective and causes damages, this coverage will pay out on related claims.
Medical Payments: Minor injuries, usually up to about $10,000, are paid out of this coverage.
Personal and Advertising Injury: If you damage the reputation of another through advertising, this part of your general liability policy will pay out.
Damage to Premises Rented to You: If, when you rent or lease building space, your business damages that structure or space, this coverage will kick in.
Know that your liability limits are established by occurrence. That limit is the maximum amount that will be paid out on each individual claim. The aggregate is a maximum total limit that will be paid out on your policy when all of the claims are added together.
Contact the professionals at USA Business Insurance for comprehensive, insulation contractor specific liability insurance.