What’s covered by Victoria commercial general liability insurance?
If your business is sued for causing bodily injury or property damage to a third party due to negligent acts, Victoria commercial general liability insurance will help reduce the financial burden. It covers your legal expenses, such as defense costs, judgement awards and settlements.
A bodily injury is anything where someone is hurt physically, such as if someone falls and breaks their arm. Property damage is damage or destruction of a third party’s property. A third party is anyone who isn’t employed by your business, such as a client, vendor, or random passerby. Negligent acts are defined as not operating with due care in a specific circumstance.