Liability & Property Insurance


Talage makes shopping for your business insurance quick and easy. We can do in 10-15 minutes what usually takes days to do - get you accurate and competitive insurance quotes online so you can buy instantly. That way, you can get back to running your business.
If you’re ready to see quotes, you can start the process by entering a word or two that best describes your business.
Examples: consulting, restaurant, bee keeping.



What is general liability insurance?

General Liability insurance helps protect your business from things that happen to people other than your employees (clients, guests, etc). Depending on what you do, it covers things like people slipping and falling at your business location, getting sick from something you served them, or harm caused by your company. Basically, it protects your company from being sued to bankruptcy. Litigation can be messy and is almost always expensive, so liability insurance will help you sleep at night.
general liability insurance factors

Do I need to have general liability insurance?

Virtually every type of business needs some kind of liability insurance coverage (in fact, it’s often the first insurance coverage purchased for a new business). It would be fairly reckless to operate without it. Many times, clients or property managers require you to carry general liability insurance so they feel reassured that everything will be ok in the case of an accident, property damage, or a lawsuit.


What does general liability insurance cover?

Make sure you check your policy for details, but typically your General Liability insurance will cover:
  • Property damage: Expenses to repair client property that was damaged as a result of your work.
  • Injury: Medical and legal expenses related to injuries experienced by third party (excluding your employees; you want to cover your employees for work-related injury or illness).
  • Products: Legal expenses associated with your product (eg: somebody sues you because your product caused them harm).
  • Defamation: Legal expenses associated with libel, slander or copyright infringement.
general liability insurance factors

General liability insurance doesn’t cover everything, though. It doesn’t typically include:
  • Employee injuries: Get Workers’ Comp insurance to cover your employees in the case of a work-related injury or illness.
  • Business property damage: Get Property insurance to cover your business property in the event of damage such as fire, theft, and water damage. You can typically bundle property insurance with your general liability policy (business owner policy).
  • Employee lawsuits: Most general liability policies won’t cover legal expenses related to claims of discrimination or harassment.


What is property insurance?

Property insurance protects your stuff. Theft, fire, water damage from a burst pipe, a zombie horde* - whatever it is, a good property insurance policy will protect your business assets from damage since you can’t be there all the time nor can you control the weather, Zeus.

There are many things that can cause property damage, but often times property insurance doesn’t cover major disasters such as flood or earthquake damage. If you’re concerned about having specific coverages, make sure you discuss it with your carrier.
property insurance
*Zombie hordes may not be completely covered by your policy; always make sure you check your policy to see exactly what kind of reanimated human corpses you’re protected against.


Do I need to have Property insurance?

You may not own the building you do business in (many businesses don’t), but property insurance can help you cover the other assets connected with your physical place of business, such as the equipment you use to do business. Your landlord’s policy likely doesn’t cover its tenants losses, so make sure you know if you’re covered. Losses from a theft or natural disaster could easily cost you tens of thousands of dollars.


What does Property insurance cover?

  • Building (including signs and fixtures)
  • Assets inside the building (including inventory)
  • Customer property (while at your business)
property coverage

What is a BOP?

Insurance lingo! BOP stands for Business Owner Policy - essentially, it is General Liability and Property insurance bundled together. It’s the basic coverages that a business typically needs to operate (excluding Workers’ Comp). You can shop for and compare prices for a BOP here at Talage and a BOP is usually less expensive than the total cost of buying Liability and Property insurance separately.


What does General Liability insurance cost?

No getting around it, the cost will depend on what your business does and its history. Some businesses can get coverage for less than $25/month. But, basically, it’s a risk equation for insurance carriers. Here are some of the factors:
  • Industry
  • Years in business
  • Revenue
  • History of claims
property coverage

What does Property insurance cost?

This is another, “it depends” situation. Here are the factors:
  • Geography
  • Size of building/property
  • Age of building
  • Security and safety
  • Type of equipment/assets
property insurance costs

How do I get the best rates for General Liability and Property insurance?

There are a lot of factors that go into deciding how much an insurance company will offer its policies for. To make it easy on you, Talage just asks you for that information once and then we do the heavy lifting of shopping our A-rated insurance company partners so that we can provide you with multiple quotes online right away. Then you get to see what these companies are offering their coverage for and choose the best policy for you. Often times, this means you also choose the one that offers great coverage at less cost. You get to see the prices and decide for yourself!

If you’re ready, you can shop for quotes right now. Our average applicant only takes 12 minutes from application to policy selection. You don't need to spend weeks shopping for insurance. Check it off your list so you can get back to running your business.