Table of Contents
- What is General Liability insurance coverage?
- Does Utah require General Liability insurance?
- What small business might need General Liability insurance in Utah?
- How much does General Liability insurance cost in Utah?
- How NEXT helps Utah small business owners
What is General Liability insurance coverage?
If a passerby slips and falls on a freshly mopped floor, the cleaning company’s general liability insurance could help cover the medical bill. If electrical wiring causes a fire in a customer’s home, the contractor’s general liability policy could help pay attorney fees if they’re sued and help cover the cost of fire damage.
General liability insurance in Utah can help cover costs if someone you don’t employ claims that your business caused them bodily injury or destroyed their property and sues you. It can also help pay expenses if you’re accused of advertising injury or damaging someone’s reputation.
In Utah, 325,000 small businesses — 45.5% of Utah’s workforce — account for the majority of businesses in the state. General liability is often the first type of coverage purchased by self-employed professionals and small business owners.
Does Utah require General Liability insurance?
It’s a good idea for all businesses to carry general liability insurance, even though it’s not required by the state. Coverage can help provide a financial safety net after common accidents like slip-and-fall injuries and property damage.
General liability insurance can help provide:
Business growth
Clients may ask for a certificate of insurance before they’ll hire you for a job. Utah general liability coverage demonstrates your professionalism.
Financial assurance
If you’re accused of causing personal injury, damaging someone’s property or if you have to defend your business after a lawsuit, it can help pay expenses and keep your business running.
Leasing property
Many commercial landlords ask for proof of general liability insurance as a condition of a lease. If you plan to rent commercial space, you may need coverage.
Licenses and permits
For professional licensing, Utah requires some general contractors and handypersons to carry general liability coverage. Some licensing requirements depend on the value of your projects, so be sure to check with the state.
What small business might need General Liability insurance in Utah?
Some contracting professions, including general contractors, electricians and plumbers, are required to carry general liability coverage to obtain a license in Utah.2
Utah handymen are also required to obtain a license from the state, which involves providing a certificate of insurance for general liability policy.3
Most small businesses in Utah — painters in West Valley City, fast casual restaurants in Sandy, Orem-based housekeepers and more — should consider general liability insurance for its broad protections for common risks.
General liability can help pay out-of-pocket costs after accidents and lawsuits around bodily injury and property damage.
How much does General Liability insurance cost in Utah?
While the cost of general liability coverage in Utah will depend on your business operations and specific needs, the majority of NEXT customers pay $25 to $45 a month.**
Insurance carriers consider a number of factors when determining your small business insurance cost. These include:
- The location of your business
- Your profession
- How many employees you have
- The policy limits you select
- If you have prior insurance claims
The best way to know how much you’ll pay for Utah general liability coverage is to get a free quote from NEXT. It takes less than ten minutes, and you’ll be able to purchase your policy online and download proof of insurance instantly.
You can also use our general liability insurance calculator for an estimate of insurance costs in Utah.
How NEXT helps Utah small business owners
We offer a fast and easy way for you to get a free general liability insurance quote, purchase coverage and instantly share a certificate of insurance. The entire process usually takes less than 10 minutes.
You can also chat with our Utah–based NEXT licensed agents if you need help or have questions.
