Liability insurance covers legal fees and settlement costs in case of lawsuits. Businesses may need several types. Liability insurance protects your business if it is sued for doing something, or ...

Directors and officers liability insurance protects both the company and its leaders against lawsuits and expensive legal fees arising from alleged mismanagement. Our rankings, ratings and product ...

What is professional liability insurance? What does professional liability insurance cover? What does professional liability insurance not cover? Who needs professional liability insurance? How much ...

General liability insurance can protect your business if you're held liable for damages or injuries to a client or customer.

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To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Most small businesses are not protected against the cost of ...

ERGO NEXT reports that general liability insurance can cover property damage to others but typically excludes coverage for your own business property.

As a business professional, you’re responsible for the knowledge, expertise and services you provide to clients. As a result, clients can take legal action against you and your company when they ...

When someone makes a claim against you, third-party liability insurance can protect you financially. You’re probably more familiar with basic forms of this insurance type, including automobile ...

Sarah Li Cain is a finance writer and a Candidate for the Accredited Financial Counselor© designation. She’s written for the Financial Planning Association, Netsuite and other notable publications.

"Although the interests of legal financiers and insurers can conceivably conflict at the margins of commercial disputes, the core businesses of the two groups are largely unrelated, leaving insurers ...