Liability insurance covers legal fees and settlement costs in case of lawsuits. Businesses may need several types. Many, or all, of the products featured on this page are from our advertising partners ...

An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and ...

An important part of the estate planning process is having proper asset protection in place. When considering proper asset protection planning, the first line of defense is transferring risk, that is, ...

Product liability insurance is needed for businesses that make, sell or distribute products. Learn about what it covers and ...

Garage liability insurance is a type of insurance that covers an automotive company's daily operations, adding protection to ...

Financial losses from a product defect, data breach, serious illness or work-related automobile accident can force business owners to close their doors if they’re not prepared. The cost of an ...

The most common types of commercial insurance are property, liability and workers' compensation. In general, property insurance covers damages to your business property; liability insurance covers ...

General and professional liability insurance protect against different business risks. You may need both. Many, or all, of the products featured on this page are from our advertising partners who ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Business liability insurance protects the financial interests of companies and business ...

Q. Our association is considering a change in its liability insurance carrier. We currently have what I understand is a “claims made” liability insurance policy. We are considering changing to an ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...