What is general liability insurance texas

For information about our various bond resources, visit Bond Resources. Commercial General Liability (CGL) insurance protects business owners against claims of liability for bodily injury, property damage, and personal and advertising injury (slander and false advertising).

Does Texas require general liability?

In Texas, you must have at least $30,000 in liability coverage for each injured person, up to a total of $60,000 per accident, and $25,000 for property damage per accident. This basic coverage is called 30/60/25.

What is general liability insurance and why do you need it?

A general liability policy helps protect your small business from claims that it caused bodily injuries and property damage. These risks can come up during normal business operations. They can get expensive for small businesses and many don't have the resources to cover a liability claim.

Is general liability the same as LLC?

General Liability Insurance for LLCs\n\n General liability insurance, also known as business liability insurance, can help protect you from claims that your LLC caused bodily injuries or damaged someone else's property.

What is the difference between general insurance and liability insurance?

General liability covers physical risks, such as bodily injuries and property damage. Professional liability insurance covers more abstract risks, such as errors and omissions in the services your business provides.