General Liability Insurance, also called Commercial Liability Insurance, is a policy that covers third-party lawsuits over bodily injury and property damage. A “third party” can be anyone other than the insured’s employee (e.g., a customer or a business partner).
General Liability and change covers the cost of investigating claims and defending against third-party claims. It pays attorney fees, court costs, witness fees, settlements, and court-ordered judgments. The policy may also cover an injured party’s immediate medical expenses and the cost of repairing or replacing their damaged property.