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 ...

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 ...

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 ...

MSI™, one of the largest independent managing general agencies (MGAs) in the United States, announced today the launch of its commercial general liability (CGL) insurance solution designed ...

Steve Strauss: Back in my lawyer days, I represented insurance companies for a while. And of course, I have bought plenty of policies over the years for my own small business. But to answer your ...

Excess liability insurance is extra coverage that kicks in once an underlying policy hits its limits. Learn how it works and ...

A business owner's policy is a packaged insurance policy that includes general liability coverage and property insurance ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Daniel Robinson is a writer based in Greenville, N.C. with expertise in auto insurance, loans, warranty options and more. Away from the keyboard, Daniel spends time with his wife and son, plays guitar ...

When you have vehicles that are used for business purposes, you are at risk of road incidents that can lead to serious liabilities. If you don’t have the right insurance coverage tailored specifically ...