Running a small business in Oklahoma is exciting and rewarding, but it also comes with risks that many owners overlook until it’s too late. Whether you own a retail shop, operate as a contractor, or provide professional services, your business is exposed to potential lawsuits every single day. That’s why General Liability (GL) insurance is often considered the foundation of a strong protection plan.
General liability insurance protects your business against claims of:
- Bodily injury – Example: A customer slips on a wet floor in your shop and breaks an arm.
- Property damage – Example: A contractor accidentally damages a client’s hardwood flooring while working on a remodel.
- Advertising or personal injury – Example: A competitor claims your social media post damaged their reputation.
These are real-world situations that can happen at any time, even if you operate safely.
Many small businesses assume lawsuits only happen to “big” companies. The truth is, a single claim—even if unfounded—can cost thousands of dollars in defense fees alone. Without GL coverage, these costs come directly out of your pocket, which can cripple or even close a small business.
The good news is that general liability insurance is usually very affordable, especially compared to the potential cost of a lawsuit. For many small businesses, it’s a monthly expense that’s less than the price of lunch for two.
Every business, regardless of size, needs GL insurance. It’s not just protection for today, it’s peace of mind for tomorrow.
Next Step: Text or call us at Oklahoma Insurance Group today 405-701-5368 to review your general liability coverage and make sure your business is protected.
Stay Tuned For Other Great Reads In This Month’s Newsletter
- Contractors: How to Avoid Costly Audit Surprises
- Property Owners: What Co-Insurance Means and Why It Matters
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