Adding another financial responsibility to an already long list of expenses as a small business owner may seem a wrong move at first glance. But forgoing liability insurance could be detrimental to ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Most small businesses are not protected against the cost of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 ...

Business insurance can help protect 1099 contract workers from liability and other risks. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t have ...

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 ...

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?

An injury to a customer or client can sink a small business. General liability insurance can protect you against liability for injuries, damages and other claims. You can get coverage either as part ...

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 ...