Business Insurance
Combined Protection for all major property & liability risks in one insurance package
Business Owners Insurance combines protection for all major property and liability risks in one insurance package, including property, business interruption, and liability insurance. GCM also offers additional coverage in the event of peril, defined as a fire, explosion, wind damage, vandalism, smoke damage, and more.
At GCM, we use this premium bundle as a more cost-efficient route than the total cost of the individual coverages. We allow business owners to opt-in for additional coverages like crime, spoilage of merchandise, forgery, fidelity, and more.
General Liability
General liability insurance, also known as business liability insurance, helps protect businesses in the event of an accident. GCM policies cover bodily injuries, medical payments, advertising injuries, and more. Get the coverage your business needs with a general liability insurance quote.
What does general liability insurance cover?
General liability insurance protects your business from claims involving normal business operations, such as property damage (yours and surrounding property), physical injury at your place of business, defense costs, liquor liability, and personal or advertising injury. General liability could also include medical payments resulting from accidents that occur on your premises or because of your operations, regardless of fault. For example, if customer slips and falls on a wet floor in your business, you are covered.
Cyber Liability Insurance
Cyberattacks are expensive to deal with, can take a long time to resolve, and without proper insurance, can cause a business of any size to fail. Beyond financial harm, cyberattacks have the potential to inflict reputational damage or theft of valuable data. That’s why cyber insurance is an essential precaution for any business that deals with credit cards and other secure information.
A GCM policy can pay for:
- Mandatory notification of affected parties.
- Investigating and enhancing security features.
- Credit monitoring services for affected customers.
- Loss of business opportunities.
- PR costs related to brand image and reputation damage.
First-party liability covers direct costs to your business, such as providing credit monitoring for those impacted by a cyberattack. First-party insurance can also include cyber extortion, hiring investigators, crisis management or public relations, and more.
Third-party coverage protects your business against claims made by injured or affected parties. Third-party cyber liability also covers legal defense costs, out-of-court settlements, and other court-associated costs.
GCM offers both first-party and third-party Cyber Liability Insurance.
Commercial Property
Commercial property insurance protects property and equipment such as furniture, computers, inventory, landscaping, and surrounding properties from instances such as fire, explosions, burst pipes, storms, theft, and vandalism.
Choosing the right coverage is an essential investment in the future success of your business. GCM will design coverage for your business based on Total Insurable Value (TIV), which includes the value of your property, inventory, equipment, and business income.
