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 ...

Usually, this coverage comes included with your workers' compensation insurance policy. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

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?

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Liabilities are a fact of life for a business owner.

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 ...

Setting up a business as a limited liability company (LLC) can protect the business owner's personal assets from being claimed by business creditors. An LLC creates a shield between business ...

Changing your business structure can unlock growth, reduce risk and position your company for long-term success.

Selecting the appropriate business structure is impacts your taxes, legal liabilities, ability to grow and more.