Idaho General Liability Insurance Policy Information

Idaho General Liability Insurance. ID general liability insurance protects your business against property damage, advertising injury claims, personal injury claims, and bodily injury claims. Such claims could jeopardize the success and reputation of your business.

As a business owner or small contractor, you require a form of general liability protection, to shield you from such unexpected situations. A single accident might lead into a lawsuit that is beyond your financial abilities. When that happens, you will be staring at losing your source of livelihood. That is where general liability insurance comes in.

Idaho general liability insurance pays for cost of third-party lawsuits over slip-and-fall injuries, property damage and more. Get a fast and affordable quote in ID.

What Does General Liability Insurance Cover?

Businesses are inherently risky. The good news is that some of the risks can be protected. General business liability insurance helps to safeguard your business against various known and unknown risks. Some of the areas in your business that are covered by Idaho general liability insurance include:

Property damage and bodily injury: The property damage and bodily injury helps to protect your business against various business claims as well as claims alleging financial loss as a result of bodily injury or property damage, occurring out of your products or business operations. Slip an fall is covered here.
Advertising errors: This protects your ID business from certain claims where others claim that your business has infringed on certain copyrights when advertising your goods, services or products.
Reputational harm: The reputational harm protects your business against claims of malicious prosecution, false arrest, slander, libel, wrongful eviction and violation of privacy rights, just to name a few.
Damage to rented premises: This helps to protect your company from certain claims that might occur during your business operations. This may be occasioned by lightning, fire or explosion.
Medical payments: Idaho general liability insurance will protect your business against medical claims brought forward, when someone gets injured in your business premises and requires medical treatment.
Some clients might also need you to agree to a certain level of general liability before you can provide goods or services to them. With ID general liability insurance, such issues are adequately handled.
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ID General Liability Insurance Cost

The cost of your Idaho general liability insurance coverage is determined by various factors. They include the business type, location of your business, the total number of employees in your business, as well as the risk level your business is exposed to. For example a roofer working on a roof faces much higher risks than an accountant sitting in an office behind a desk.

In our litigious society, more and more businesses are being sued due to issues like libel, slander, property damage, and bodily injury, just to name a few. Apart from that, businesses can be sued even when they have not done anything wrong. That is why your business requires general liability insurance protection.

ID Small Business Insurance By Industry And/Or Type

Select the Idaho general industry or small business insurance type link below to find more detailed information on coverage, costs, exclusions and more:

Advertising, Marketing and Media
Agribusiness
Arts and Recreation
Auto Sales, Service And Repair
Aviation
Bonds
Children And Pets
Commercial Property
Construction Contractors
Contractors And Home Improvement
Education, Colleges, Universities And Schools
Food And Drink
Health And Beauty
Information Technology And Internet
Local, State And Federal Government
Manufacturing
Marine, Boat And Watercraft
Medical And Dental
Miscellaneous
Non-Profit
Professional Services
Real Estate
Retail
Small Business Commercial Auto
Small Business Insurance
Sports And Fitness
Warehouse And Storage
Wholesale And Distribution
Idaho Specific Commercial Insurance Articles

Advertising, Marketing and Media

Learn about Idaho media liability insurance - a specialized form of professional liability insurance that provides protection for legal claims brought by third parties.

Agribusiness

Learn about ID agribusiness insurance - a type of commercial insurance protects farmers against loss of, or damage to crops or livestock.

Arts and Recreation

Read up on Idaho arts and recreation commercial insurance.

Auto Sales, Service and Repair

Read about Idaho auto sales, service & repair insurance, which provides protection for damages done to customers vehicle's and other property as well as injuries resulting from the work done.

Aviation

Learn about ID aircraft and aviation liability insurance - a specialized form insurance that provides coverage for hull losses as well as liability for passenger injuries, environmental damage and third-party damage caused by aircraft accidents.

Bonds

Learn about surety and fidelity bonds which are types of insurance that are used to protect against damage or loss in commercial transactions.

Children and Pets

Discover what Idaho commercial insurance policies cover for children and pet related businesses.

Commercial Property

Read up on Idaho commercial property insurance, including how business property insurance protects your company's building's and/or their contents from damage, destruction, theft and vandalism.

Construction Contractors

Learn about Idaho construction contractors insurance, including how much the premium costs and what is covered - and how commercial insurance can help protect your ID construction business from lawsuits.

Contractors and Home Improvement

Learn about Idaho contractor's insurance, including what it covers, how much it costs - and how commercial insurance can help protect your ID business from lawsuits.

Education, Colleges, Universities & Schools

Learn about Idaho commercial insurance for educators that helps protecting your professional reputation and other legal liabilities arising from your educational services.

Food and Drink

Learn about Idaho restaurants, bars, liquor stores commercial insurance coverages. See how food service insurance help protect against accidents, oversights and lawsuits resulting from business operations.

Health and Beauty

Learn about Idaho health and beauty insurance coverages that help protect tattoo artists, salons, spas, estheticians, cosmetologists, barbers, hairdressers, nail salons and more from legal liability.

Information Technology and Internet

Learn about Idaho IT technology insurance policies that help protect IT businesses, consultants & subcontractors from the unique risks that small tech businesses face when they work.

Local, State And Federal Government

Discover what types of commercial insurance government entities in Idaho need.

Manufacturing

Learn all about Idaho manufacturing insurance. Manufacturers face many unique risks such as product liability and/or product recall exposures due to the nature of their business operations.

Marine, Boat And Watercraft

Discover what types of commercial insurance government entities in Idaho need.

Medical and Dental

Discover Idaho business insurance for medical and dental professionals. Medical malpractice insurance is a type of professional liability that protects health care professionals from liability causing in bodily injury, medical expenses and property damage.

Miscellaneous

Find informative articles on miscellaneous ID businesses including the types of commercial insurance they need, costs and other considerations.

Non-Profit

Find useful articles on business insurance for Idaho non-profit 501(c)(3) organizations, charities and associations.

Professional Services

Get informed about Idaho professional services insurance, including Professional liability, aka errors and omissions (E&O insurance), that protects your business against claims that a professional service you provided caused your client financial loss.

Real Estate

Learn about Idaho real estate insurance coverages including liability and commercial property policies for realtors, mortgage companies and more.

Retail

Read valuable Idaho retail insurance policy information. In a retail business, you need to have the right type of commercial insurance coverage so that your store, employees, and inventory are protected.

Small Business Commercial Auto

Learn about Idaho commercial auto insurance which includes liability and physical damage protection for vehicles that are used for business purposes.

Small Business

Protect your company and employees with ID commercial insurance. Read informative articles on Idaho small business insurance coverages - and how they can help shield your company from legal liabilities.

Sports and Fitness

Learn about Idaho sports & fitness insurance policies and what they cover so that your customers, employees, and equipment are protected.

Warehouse and Storage

Learn about Idaho warehouse and storage insurance - which protects storage and warehouse facilities and protects their inventory from property damage from fire and weather, vandalism and theft and liability coverage as well.

Wholesale and Distribution

Read informative articles on Idaho wholesale distribution insurance. Distributors and wholesalers face specific risks including fire, flood and weather damage that can destroy products in the distribution center - and every part of the supply chain including late supplier shipments to unpaid invoices - can effect the entire operation.

Idaho Specific Commercial Insurance Articles

Read informative articles on ID commercial insurance including costs and coverages.

Idaho Economic Data, Regulations And Limits On Commercial Insurance

If you are an entrepreneur, you need to have more than just high-quality products, great services, and a well-designed business model in order to achieve success. You also need to set up your operations in the right location.

It doesn't matter how high-quality your goods and services are, if your business is situated in a region that lacks the market you are trying to reach and doesn't have a strong workforce, chances are your company isn't going to succeed. Therefore, it's crucial to familiarize yourself with the economy of the state that you are thinking about starting a business in.

Whether you are considering establishing a startup in Idaho or you want to expand your existing operation by opening a subsidiary in the state, read on to learn more about Idaho's economic data.

Additionally we also provide a brief introduction to the commercial insurance policies you'll need to invest in.

Economic Trends For Business Owners In Idaho

The unemployment rate of a state is a good indicator of a state's economy. It indicates whether or not businesses are flourishing and if there are enough jobs to support the state.

As of December, 2019, the Bureau of Labor Statistics stated that the unemployment rate of Idaho was 2.9%, which was 0.6% lower than the national average, which was 3.5% at the same time. Throughout the course of 2019, the unemployment rate remained steady. According to economists, the rate of employment is expected to remain the steady in the upcoming years.

There are numerous locations in the state of Idaho that prove to offer a healthy environment for businesses. These locations include major cities and the suburban regions that surrounded them, such as:

Boise
Couer d'Alene
Eagle
Idaho Falls
Lewiston
Meridian
Moscow
Twin Falls

While businesses of all sizes and in various industries do well in Idaho, there are certain sectors that tend to do better. The top industries in this state include:

Agriculture, with some of the top products being dairy, trout, lamb, wool, craps, seeds, potatoes, and several other types of livestock.
Food and beverage processing, including canning and freezing plants.
Healthcare and Biosciences, including nursing, dental hygiene, and physical therapy.
Hospitality and tourism, thanks to the numerous tourist attractions, including annual concerts, festivals, whitewater rafting, and skiing.
Manufacturing, specifically of electrical equipment, computer equipment, fabricate metals, and chemicals.

Commercial Insurance Requirements In Idaho

The Idaho Department of Insurance regulates insurance in ID. Idaho mandates very few forms of insurance coverage by law. They enforce worker's compensation.

Idaho requires you to have worker's compensation insurance if you hire even one employee on a regular basis - unless you are specifically exempt from the law. This includes part-time employees, family members, minors, and immigrant employees. It is not required for independent contractors or domestic employees, though you should check to make sure any contractors you have are true contractors, and not employees.

Idaho also requires all business-owned vehicles to be covered by commercial auto insurance. Other types of business insurance that business owners should carry depend on the specific industry.

Request a free Idaho General Liability Insurance quote in Aberdeen, American Falls, Ammon, Ashton, Bellevue, Blackfoot, Boise City, Bonners Ferry, Buhl, Burley, Caldwell, Cascade, Challis, Chubbuck, Coeur d'Alene, Cottonwood, Council, Dalton Gardens, Driggs, Eagle, Emmett, Filer, Fort Hall, Fruitland, Garden City, Genesee, Glenns Ferry, Gooding, Grace, Grangeville, Greenleaf, Groveland, Hailey, Hagerman, Hansen, Hayden, Heyburn, Hidden Springs, Homedale, Idaho Falls, Inkom, Iona, Jerome, Kamiah, Kellogg, Ketchum, Kimberly, Kootenai, Kuna, Lapwai, Lewiston, Lincoln, Malad City, Marsing, McCall, Meridian, Middleton, Montpelier, Moreland, Moscow, Mountain Home, Nampa, New Plymouth, Orofino, Osburn, Parma, Paul, Payette, Pinehurst, Plummer, Pocatello, Ponderay, Post Falls, Preston, Priest River, Rathdrum, Rexburg, Rigby, Riverside, Robie Creek, Rupert, Salmon, Sandpoint, Shelley, Shoshone, Soda Springs, Spirit Lake, St. Anthony, St. Maries, Star, Sugar City, Sun Valley, Troy, Twin Falls, Tyhee, Ucon, Victor, Weiser, Wendell, Wilder and all other cities near me in ID - The Gem State.

Also find Idaho insurance agents & brokers and learn about Idaho small business insurance requirements for general liability, business property, commercial auto & workers compensation including ID business insurance costs. Call us (208) 325-5655.

Idaho General Liability Insurance