General liability insurance is a type of insurance that protects businesses from financial losses due to claims of injury, property damage, or advertising mistakes. It covers legal fees, medical expenses, and settlements if someone is injured on your business premises or if your products cause harm. This insurance is essential for many businesses, as it helps manage risks associated with everyday operations. Without general liability insurance, a single lawsuit could lead to significant financial strain, making it a crucial investment for both small and large companies to safeguard their assets and ensure long-term stability.