General Liability Insurance

General Liability Insurance for Excess & Surplus Risks

Excess & Surplus

At IAT, our General Liability coverage within the Excess and Surplus business unit is designed to meet the unique needs of non-standard risks. With a deep understanding of the complexities involved in these risks, we offer comprehensive protection for a wide range of industries, ensuring business owners are covered against potential liabilities.

What is General Liability Insurance?

General Liability insurance provides essential coverage for businesses facing claims related to bodily injury, property damage, and personal or advertising injury. In the Excess and Surplus market, this coverage becomes even more critical for businesses that don't fit into standard underwriting guidelines due to their unique exposures.

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Excess Liability & Surplus

At IAT, our Excess and Surplus Lines Insurance is crucial for business owners who operate in high-risk industries or have non-standard needs that can’t be covered by traditional markets.

General Liability

Coverage Highlights

Our General Liability coverage includes:

  • Bodily Injury and Property Damage Liability

  • Personal Injury

  • Products and Completed Operations

  • Medical Payments

  • Contractual Liability

Target Classes & Industries

We specialize in offering General Liability coverage for a variety of industries, including:

Frequently Asked Questions

General liability insurance helps protect businesses from financial losses caused by third-party claims, such as bodily injury, property damage, or personal/advertising injury. It ensures companies can handle lawsuits and claims without disrupting daily operations.

No, general liability insurance does not cover employee injuries. Employee-related injuries are typically covered under workers’ compensation insurance, while general liability focuses on third-party risks like customers, clients, or visitors.

General liability insurance is not always legally required, but many contracts, leases, and client agreements mandate it. Having coverage also builds trust and reduces financial risk if your business is sued.

The cost of general liability insurance depends on factors like your industry, business size, location, and coverage limits. Small businesses may pay a few hundred dollars annually, while higher-risk industries may pay more.

General liability covers standard third-party risks like injury or property damage. Umbrella insurance provides extra protection by extending coverage limits beyond general liability and other primary policies, offering added financial security.

  • General liability insurance: Covers third-party physical injuries, property damage, and advertising injury.
  • Professional liability insurance: Covers claims of errors, negligence, or inadequate professional services.

General liability insurance typically covers:

  • Legal defense costs
  • Court fees
  • Settlements and judgments
  • Medical expenses related to third-party injuries

This coverage helps protect your business from costly lawsuits and claims.

Coverage needs vary by industry, contract requirements, and risk exposure. Many small businesses carry at least $1 million per occurrence, while higher-risk industries may need higher limits.

You can purchase general liability insurance through a licensed insurance carrier, broker, or agent. When selecting a provider, consider their financial strength, claims-handling reputation, and industry expertise.

Partner with IAT

As an insurance agent, you need a partner that understands the challenges of placing non-standard risks. IAT Insurance Group offers the expertise and flexibility required to provide business owners with the coverage they need.