Typical Coverage Limits

Premises Only Liability policies come with set coverage limits to protect your business from high-cost claims. Here are common limits:

• Bodily Injury Liability: Coverage up to $500,000 per occurrence, with options to increase to $1,000,000 or higher.
• Property Damage Liability: Provides up to $500,000 in coverage for property damage occurring on-site.
• General Aggregate Limit: A typical aggregate limit of $1,000,000 per policy term for all claims combined.
• Medical Payments: Covers minor injuries on-site, up to $5,000 per person, regardless of fault.

Why Choose Premises Only Liability Insurance?

This coverage is ideal for businesses that have minimal offsite exposure but want protection for incidents that occur on their premises. Key benefits include:

• Focused Protection: Specifically covers risks associated with your physical business location.
• Cost-Effective: Provides essential liability protection without the added cost of full General Liability Insurance.
• Peace of Mind: Ensures that your business is protected against unexpected claims on your property.

Examples of Premises Liability Claims

Premises Only Liability Insurance can cover a range of scenarios, such as:

• Slip-and-Fall Accidents: A customer slips on a wet floor and sustains an injury while visiting your premises.
• Customer Property Damage: An employee accidentally damages a customer’s personal belongings on-site.
• Minor Injuries: Quick medical coverage if a visitor experiences a minor injury, like a small cut or bruise, on your property.

Getting a Quote for Premises Only Liability Insurance

Our agents would love to help you find the best coverage for your business premises. To get a customized quote, please provide:

• Business Location Details: Address and type of premises (e.g., office, retail, warehouse).
• Annual Foot Traffic: Average number of visitors or customers on your property each month.
• Safety Protocols: Information on safety measures in place, such as signage, security, and maintenance practices.
• Previous Claims History: Any prior liability claims related to incidents on your premises.

Why Choose Us for Premises Only Liability Insurance?

• Customized Coverage: Our agents tailor policies to fit your specific business premises and liability needs.
• Affordable Options: We provide cost-effective liability insurance for businesses that operate from a single location.
• Personalized Guidance: Our agents would love to help you navigate coverage options and secure the best protection for your premises.