General liability, also known as "commercial liability insurance" is a broad commercial insurance policy that covers exposures. General Liability Insurance protects your business from lawsuits brought by third parties (people outside your business or your employees). Coverage can include losses which result from your operations, even after they are completed, and from your products. There are many areas which make this coverage complex. You need an agent to review your exposures and help you decide which coverage is best for your company.

Important facts about commercial liability insurance

Take a look at the list below for additional general liability coverages that are often available.

• Professional Liability Insurance (Errors & Omissions)
  

  Errors & Omissions (E&O) covers professionals for negligence and errors or omissions that injure their clients or cause damage to a third party's data. This type of insurance is particularly important to licensed professionals such as accountants, attorneys, insurance agents, architects, engineers, and technology companies. Wagoner Insurance recommends that all professional and technology companies have E&O coverage.

• Employment Practices Liability Insurance (EPLI)
  

  Employment Practices Liability Insurance for employers covers employment-related liabilities other than on-the-job injuries. This can include legal fees and damages for suits such as wrongful termination, discrimination, sexual harassment, and other alleged violations of employees' legal rights. If you have employees, then Wagoner Insurance recommends considering this type of coverage.

• Directors and Officers Insurance (D&O)
  

  D&O covers directors and officers of a company for negligent acts or omissions and for misleading statements that result in lawsuits against the company. D&O policies may be broadened to include coverage for employment practices liability as well.

To find out more about these, as well as other products and services, call Wagoner Insurance at (910) 327-2218 to see if you're properly covered.