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 ...

Businesses frequently purchase comprehensive general liability (CGL) coverage, which is often referred to as “litigation insurance.” It covers businesses for the costs incurred defending and ...

The Hartford is a leader in casualty and property insurance. The company uses a quote-based pricing scheme to offer insurance in 2 main segments: commercial and personal lines. Its commercial segment ...

Houston, TX- El Dorado Insurance Agency, a leader in providing tailored insurance for high-risk industries, has issued a critical advisory to security guard firms nationwide about the risks of ...

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 ...

Product liability insurance is needed for businesses that make, sell or distribute products. Learn about what it covers and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...