Mansell, Engel & Cole
  • Home
  • About
    • Steven S. Mansell
    • Mark A. Engel
    • Kenneth G. Cole
    • Keith F. Givens
    • Adam Engel
    • Zachary K. Housel
  • Practice Areas
    • Denied Claims & Disputes
    • Types Of Insurance
  • Case Results
  • Blog
  • Contact
Select Page

Commercial liability insurance should protect your business

On behalf of Mansell, Engel & Cole | Mar 10, 2017 | Insurance Disputes

Creating, owning and/or running a business doesn’t come easy. It takes sacrifice, focus, hard work and strategy. Protecting the life of a business isn’t just about the business plan and day-to-day processes. It also can be about insurance protection. 

Commercial liability insurance is also referred to as business liability insurance or general liability insurance. A business that pays for such protection theoretically is protecting itself from the potential financial damage of a lawsuit brought by an outsider.

What kind of legal claims might bring down the finances as well as reputation of a business? The following are some of the types of legal matters that threaten the financial stability of companies:

Personal injury claims: A common type of lawsuit that can be filed against a business is a premises liability case. This is when, for example, someone claims to have slipped, fallen and injured themselves because a business didn’t provide a safe environment. A business can be held liable to pay for the medical bills associated with an alleged injury.

Property damage claims: Did a customer’s property get damaged because of an issue at your place of business? Did a fire cause damage, for example? 

Legal defense cost: Your commercial liability insurance coverage should cover the cost of the legal support you need when faced with a lawsuit against your business. In fact, as we share on our commercial liability page, your CLI provider should be the party to defend you and your interests in a legal dispute.

As with other types of insurance, sometimes businesses that pay for commercial liability coverage will face frustrating obstacles. If a provider fails to defend your business and/or pay the claim that is endangering its prosperity, work with an insurance attorney who will properly stand up for you and your company.

 

 

 

  • Facebook
  • Twitter
  • LinkedIn

Recent Posts

  • Fighting a denied earthquake insurance claim
  • Overview of Oklahoma’s bad faith laws
  • Common reasons why health insurance denies claims
  • When a life insurance company denies a claim
  • The importance of additional documentation after a denied claim

Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016

Categories

  • Blog
  • Denied Insurance Claims
  • Firm News
  • Insurance
  • Insurance Disputes

RSS Feed

Subscribe To This Blog’s Feed

Start Your
Free Insurance
Claim Review

Mansell, Engel & Cole The Insurance Attorneys

Office Address

204 N. Robinson Ave.
21st Floor
Oklahoma City, OK 73102

Map & Directions

Get In Touch

Phone: 405-212-5921
Fax: 405-232-4140

  • Follow
  • Follow
  • Follow
IBFTLA - Insurance Bad Faith Trial Lawyers Association
Member of The National Trial Lawyers - Top 100 Trial Lawyers
AV Preeminent Rated Lawyers
Review Us

© 2021 Mansell, Engel & Cole. All Rights Reserved.

Disclaimer | Site Map | Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters