Several factors contribute to the amount of liability coverage your business needs, and we’ll guide you through that assessment. Two key factors include:

• Risks associated with the type of business. For example, a dynamite factory carries a much greater risk of being sued for personal injury than a small retailer by nature of the products sold.
• The potential severity of a loss. For example, a business that provides health care services has a greater possibility of having a significant liability claim compared to a flower shop.

At McGriff, we have access to risk profiles and coverage amounts for businesses like yours. We’ll help you understand where liability insurance, workers’ compensation, and commercial property insurance overlap so that you don’t purchase too much of any one type.