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 ...

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 ...

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

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 ...

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 ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

General liability insurance policies normally cover “property damage.” Physical injury to, or outright destruction of, property almost always fits within policy coverage. But what about situations ...

An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and protects against.

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