How much total coverage is mandated for general liability insurance?

In Utah, as part of the regulations for businesses, including those operating in the burglar alarm industry, a general liability insurance coverage of $1,000,000 is typically mandated. This coverage is intended to protect business owners from claims that involve bodily injury, property damage, and personal injury that might occur as a result of their business operations.

Having a coverage limit of $1,000,000 acts as a safeguard for the business against potentially devastating financial consequences arising from lawsuits or claims, ensuring that they can cover legal fees, settlements, and medical expenses if necessary. It aligns with standard practices in the industry where insurance requirements are designed to provide adequate protection for both the business owner and the clients they serve.

Therefore, choosing $1,000,000 as the mandated coverage aligns with these regulatory standards and helps companies to operate securely within the legal framework.