158 | General Liability Insurance Explained: Key Questions, Audits & Agent Insights
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158 | General Liability Insurance Explained: Key Questions, Audits & Agent Insights
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Most founders treat business insurance like a checkbox, hoping they never have to think about it again. In this episode, I simplify General Liability Insurance (GLI), breaking down what it covers, essential questions to ask your insurance agent, and how to approach insurance as part of your overall money management strategy.
In this episode we discuss:
- Clear definitions of what General Liability Insurance is and what it covers
- How to vet insurance agents for fit, values and industry expertise.
- The exact questions to ask about coverage, limits, exclusions, and endorsements.
- How premiums are calculated
- What to expect from annual audits, revenue estimates, and reserve planning.
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From my soul to yours,
Erin
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