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 ...

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 ...

Commercial insurance protects businesses and their assets from liability, property damage and other risks. Many, or all, of the products featured on this page are from our advertising partners who ...

It only takes one lawsuit or natural disaster to put many companies out of business. You could lose everything if your business is uncovered or has coverage gaps. Because of the vast amount of money ...

With 15 years of immersion in the world of personal finance, Ashley Kilroy simplifies financial concepts for individuals striving toward financial security. Her expertise has been showcased in ...

Most businesses carry different types of liability insurance. In particular, businesses typically need general liability insurance and workers’ compensation policies. When you have multiple policies ...

Travelers is the largest business insurance company for covering injuries and property damage. Progressive is the biggest business auto insurance company. Liberty Mutual, State Farm and Auto-Owners ...

If you're a business owner, your personal auto insurance won't cover cars, trucks, or other vehicles you use for work. Commercial auto insurance can provide liability, collision and comprehensive ...