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The Business Risk Exclusions The notion that CGL policies are intended to insure bodily injury and property damage caused by the insured's activities, but not the fitness of the insured's work, is embodied in the provisions commonly referred to as the "business risk" exclusions. There are some states that require car owners to either purchase a minimum amount of bodily injury and property damage liability insurance or to have financial responsibility before the owner''s car can be driven on the road legally. Coverage limits: Start with what you have now for Bodily Injury and Property Damage Liability (and Personal Injury Protection coverage if you''re in a no-fault state), or learn more about how much coverage you should buy. |
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