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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 ...

General liability insurance protects your LLC from third-party lawsuits. Most businesses can buy a policy online. Many, or all, of the products featured on this page are from our advertising partners ...

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 ...

Without liability insurance, if you lose a lawsuit, you will have to pay the judgment yourself. This can financially devastate your business and personal finances. There are three types of liability ...

What would happen if your business was sued? You damage a client's property, one of your employees is injured on the job, a customer slips and falls in your store—that's all it takes. And then what?

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