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 ...

After spending a great deal of time creating a business plan and putting a new business idea into motion, many small-business owners will want to do everything they can to protect their business.

In a litigious society, a mistake or oversight can cost your business mightily. You could be stuck paying attorney's fees, court costs and the costs of any damages your business causes. For this ...

Bobby L. Hickman is a longtime business and financial journalist who brings decades of experience in insurance and financial services to his editor role at Investopedia. He has worked with insurance ...

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 ...

Liquor liability insurance protects small businesses that manufacture, sell or serve alcohol. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

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?

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...

The national average monthly cost for lawn care business insurance is $45, though business owners will want to note that this applies to general liability insurance only. The main factors in ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...