The 2023 Hiscox Underinsurance in Small Business Report found that two-thirds of small businesses do not have professional liability, also known as errors and omissions or E&O insurance coverage. Most ...

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 ...

General liability insurance protects businesses against claims that they’ve harmed a person or their property. Many, or all, of the products featured on this page are from our advertising partners who ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Business liability insurance protects the financial interests of companies and business ...

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?

Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.

Rather than pay an insurance company for coverage, some businesses opt to put aside funds and insure themselves.

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 ...

If you have a business that frequently deals with the public, such as a hairdresser, shop owner or tradesperson, public liability insurance is well worth considering. Public liability insurance offers ...

Professional liability insurance for consultants is a type of business insurance that protects consultants from the risks of providing professional services to clients. Unlike advisers who may work ...