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Reader’s Question:

I have a retail store here in South Carolina. I heard another store right across the street was sued by a customer because of a slip accident on the store’s wet floor. Will I get protection against such accidents for my own store?

Jodie

Columbia, SC

There is something called commercial insurance that can protect your business for such. This is probably one of the most common commercial auto insurance in South Carolina. This is also called liability coverage by some providers.

The liability coverage is an insurance used to protect the business from any form of liabilities, like costs for accident. The commercial insurance for liability can protect policyholders from lawsuits like in your example too. This can also be used to pay on medical bills for the injured third party.

A commercial insurance policy with this kind of coverage could help you in meeting financial obligation of the complaining customer. If you do not have liability coverage in your commercial insurance yet, it would be best for you to get one. Most liability coverage does not cover injuries of personnel or worker of the store. The coverage for this case is called worker’s compensation and this is directed towards the protection on the personnel or workers of the business which is a separate policy coverage. You can phone in your other queries to your local insurer there.