The Importance of Additional Commercial Liability

You may have Commercial General Liability Insurance, but is it the right insurance?
Is it enough?

Keeping your business protected is a constant battle in today’s vicious lawsuit happy culture.  Your current Commercial General Liability Insurance probably protects your business when incidents happen as a direct result of your regular operations.  However, there are many situations that may require additional commercial liability policies.  This article will cover three of the additional commercial liability policies most frequently needed by small businesses.

  • Liquor Liability includes covering damages and injuries in which your business is held legally responsible as a result of serving liquor. This kind of liability coverage is traditionally associated with bars, restaurants, and nightclubs, but legal responsibility extends to many businesses outside of those industries.  If your company holds a celebration at which liquor is served, your company may be held liable for damages incurred at the party, as well as if an individual is overserved and causes a car accident as a result of intoxicated driving.
  • Concession Liability insures your special event stand, booth, or display from damage, accidents, or accidental injuries sustained to pedestrians. If your company participates tradeshows, local festivals, or any other special event, you should consider investing in concession liability insurance.  Without this type of policy addition, your company could be responsible for paying medical bills and covering the cost of property damage to others and yourself in the event that your company’s event stand causes or incurs damages or injury.
  • Foreign Liability protects your company’s employees in the event of injury, damages, and lawsuits during out-of-country business trips. If your company requires international travel of any kind, its employees may not be familiar with the laws, customs, and even design of foreign countries, possibly increasing the likelihood of an incident.  It is important to ensure that your commercial liability policy coverage extends to protect your employees and assets in the event that something happens, such as an employee injuring themselves and damaging a company laptop by plugging in the American charger into a British electrical plug.

It is important to remember that there are several more types of liability coverages, so it’s important to speak directly with an Insurance Town and Country Commercial Insurance Specialist about the specific needs of your business.  If you are concerned that there may be gaps in your company’s liability coverage, give us a call at 303–388-7216, shoot us an email at, or request a quote online.  Let our Commercial Insurance Specialists work with you to find the policies that your business needs.


Business Interruption Insurance: When Disaster Strikes

You have a great business. You are meeting your customer and clients’ needs and operations are running smoothly. Then disaster strikes. Lighting hits your building and destroys one of your machines or a snowstorm collapses your ceiling. What do you do now? Your Business Owners’ Policy may take care of the damage, but what about all of the income that you lose by not being able to produce?

The answer is Business Interruption Insurance or Business Income Insurance.
These policies protect you from losing the revenue that you would have received if your business had not been forced to stop due to the disastrous event. It also covers Fixed Costs still incurred by the business, the expense of moving to a temporary location, reimbursement of reasonable expenses that allow your business to continue operating while repairs are being made (in addition to fixed costs), and Civil Authority Ingress/Egress (this includes government-mandated business closures that result in a direct loss of revenue, such as a curfew).

A Business Interruption Insurance plan is not a stand-alone plan, it is added to a larger Business Owners’ Policy (BOP) to provide additional coverage. When you are speaking with an insurance agent about the necessary coverages for your exact business, Business Interruption Insurance is something that you should consider, especially if your business is in the manufacturing, construction, or sales industries.

Don’t wait for a disaster to bring your business to a halt!  Contact us for a free quote or call us at 303–388-7216 and we will review what kind of coverage is necessary for your business.