Do I Need General Liability Insurance if I Work From Home in Georgia?

General liability insurance can provide crucial coverage for those who work from home. Your agent can help determine whether this coverage is appropriate for your situation.

Small business general liability insurance may be appropriate for several reasons, including the following:

• Third-party injuries—If you have clients or customers visiting your home for business purposes, they risk getting injured on your property. For instance, a client could trip and fall, leading to a potential injury claim. General liability insurance can help provide financial protection against such claims.
• Third-party property damage—During your work, you might accidentally cause damage to a client’s property. For example, if you’re a consultant and accidentally spill coffee on a client’s expensive equipment during a home visit, you could be liable for the damages.
• Contract requirements—Some clients or projects might require you to have insurance coverage as part of the contract terms. This is especially common in industries where the risk of liability is higher.
• Advertising injury protection—If your business activities include advertising, there’s a risk of inadvertently infringing on someone’s trademark or copyright or being accused of slander or libel. General liability insurance may help provide coverage for advertising injury.
• Legal defense costs—Even if a lawsuit brought against you is unfounded, the cost of legal defense can be significant. General liability insurance can help cover these costs up to the policy’s dollar limits.

Is General Liability Insurance Required in Georgia if You Work From Home?

Georgia doesn’t require companies to maintain general liability insurance. Even though this coverage isn’t legally required for Georgians who work from home, it’s crucial to carefully consider the potential risks of forgoing coverage.

How Much Does General Liability Insurance Cost?

Insurers set general liability insurance premiums based on several factors, including the following:

• The location of your business
• Your coverage limits
• Claims history
• Policy details
• Deductibles
• Your company’s size and annual revenue
• The risks associated with similar companies

To get an accurate estimate of what general liability insurance will cost for your specific business, it’s best to get quotes from multiple insurance providers.

How to Get General Liability Insurance in ,

General liability insurance can help provide a financial safety net for your work-from-home situation. It’s a key consideration for any home-based professional, as the risks associated with running a business remain, even when it operates from a home office.

Contact Plemons Insurance Agency in , , for a personalized general liability insurance quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.