General liability insurance is fundamental for most businesses, but misconceptions can lead to inadequate protection.
Misconception 1: Only Large Businesses Need It
Small businesses are actually more vulnerable to lawsuits because they often lack the resources to absorb unexpected legal costs.
Misconception 2: It Covers Everything
General liability doesn't cover employee injuries (that's workers' comp), professional errors (that's professional liability), or auto accidents (that's commercial auto).
Misconception 3: Home-Based Businesses Are Exempt
Operating from home doesn't eliminate liability risk. If a client visits your home office and is injured, your homeowner's policy likely won't cover business-related claims.
Misconception 4: It's Too Expensive for Startups
General liability premiums for many small businesses start at just a few hundred dollars per year — a small price for significant protection.
Misconception 5: One Size Fits All
Coverage needs vary dramatically by industry, size, and risk profile. Cookie-cutter policies often leave gaps. Work with a BlackArrow agent to customize your coverage.
