Every business interaction brings opportunities—and potential risks. At Crawford-Butz Insurance, we help St. Louis businesses understand their exposure to common liability claims and find coverage that keeps them focused on growth rather than potential financial setbacks.

What Is General Liability Insurance?

General liability insurance is designed to offer financial support when third-party claims arise against your business. Unlike specialized policies focusing on specific risks, general liability addresses common business exposures, from customer injuries to third-party property damage claims. This essential coverage helps create a foundation that allows you to focus on your operations rather than worrying about potential lawsuits.

How Much Does General Liability Insurance Cost?

Several key factors influence the cost of your general liability coverage. Understanding these elements helps you prepare for your insurance investment and make informed decisions about your coverage needs.

Your industry plays a significant role, as businesses with higher risk exposures typically see higher premiums. The size of your business, including revenue and number of employees, affects rates. Your location within St. Louis, claims history and years in operation also impact your premium calculations.

Coverage limits and deductible choices directly affect your costs. While higher limits mean greater coverage, they also increase premiums. Similarly, selecting a higher deductible typically lowers your premium but means more out-of-pocket expenses during a claim.

Many businesses find their rates affected by their risk management practices. Safety protocols, employee training programs and quality control measures may help reduce premiums. Additionally, maintaining continuous coverage and bundling multiple policies can often lead to more favorable rates.

Begin Your Coverage Today

Contact Crawford-Butz Insurance to find general liability coverage that aligns with your business needs. Our experienced team understands the unique challenges St. Louis businesses face and can help you navigate coverage options effectively. Stop by our office to discuss securing your business's future.