Every business open to the public faces the risk of third-party claims. Commercial General Liability Insurance is the standard, essential coverage that manages this risk. It is designed to respond when your operations are alleged to have caused bodily injury or property damage to others. 

Think of it as a critical business tool that protects your assets by handling the potentially crippling costs of a lawsuit. 

For convenience, it can be combined with property coverage into a single Commercial Package Policy.

Commercial General Liability Insurance

How Much CGL Policy Insurance Do I Need?

The right amount of liability coverage is a strategic business decision, not a guess. Your policy limit should be high enough to shield the total value of your business assets from a major lawsuit. A small claim might be covered by a basic limit, but a catastrophic injury claim could put everything you’ve built at risk.

An OKFB agent will help you assess your unique risks and the total value of your business. They will recommend a coverage limit that provides a strong defense, and may also suggest a Commercial Umbrella policy for an additional, cost-effective layer of protection against worst-case scenarios.

Commercial General Liability Insurance Coverage Features

General Liability Coverage

This is your business’s essential shield against lawsuits claiming you caused bodily injury or property damage to a third party. It is designed to absorb the financial impact of these common claims, from legal defense costs to final settlements, so your business assets are protected and you can continue to operate.

PAYMENT OPTIONS & PREFERENCES

Convenient Payment Options

We offer many ways to conveniently pay your commercial general liability premiums. Choose from a full payment, quarterly payments or a monthly automatic draft from your bank account. Check with an OKFB agent to see which option may be best for you.

Do you need to change your premium payment preferences?

Don’t fret! – We understand life happens. That’s why we allow our policyholders to easily update their payment preferences. Contact your OKFB agent to make a change.