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Luis Ramos Agency

Affordable Insurance Solutions

Affordable Insurance SolutionsAffordable Insurance SolutionsAffordable Insurance Solutions

Importance of General Liability & Business Property Coverage

✅ 1. Protection Against Lawsuits & Injury Claims (General Liability)

Accidents can happen anytime—whether a customer slips in your office or store, you damage someone’s property while working, or you're accused of advertising injury (like slander or copyright infringement).

General Liability Insurance covers:

  • Bodily injury to third partie 
  • Property damage to others
  • Legal defense costs and settlements

🔹 Without it, one lawsuit could bankrupt your business.
 

✅ 2. Safeguards Your Business Property & Equipment (Property Coverage)

Fire, theft, vandalism, or natural disasters can destroy:

  • Your building (if owned)
  • Business inventory
  • Computers, tools, and other equipment
     

Commercial Property Insurance helps you:

  • Repair or replace damaged asset 
  • Resume operations quickly
  • Avoid major out-of-pocket losses
     

🔹 It protects your physical investment in the business.

✅ 3. Meets Contractual & Lease Requirements

Many landlords, clients, and vendors require proof of general liability and property insurance before doing business with you.

Examples:

  • Commercial leases often require general liability coverage
  • Vendors may want proof before signing contracts
  • Banks may require property coverage for business loans
     

🔹 Having insurance ensures you stay compliant and win more business.

In Summary:

 General Liability + Property Coverage = Legal protection + asset protection + business continuity.
They’re foundational policies that every smart business owner should have in place.

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Luis Ramos Insurance Agency, Inc

1203 S Western ave Anaheim CA 92804

714-451-2461

Hours

Open today

09:00 am – 05:00 pm


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  • Personal Auto Insurance
  • Home Insurance
  • Life Insurance
  • Commercial Auto
  • General Liability
  • Workers Compensation