Do You Need Liability Insurance?
If you are a business, yes, you do. If not, you still may need it. Liability insurance provides protection from a list of expenses that result from liability claims, such as bodily injury or property damage, medical expenses, and defense costs of lawsuits. The cost of insurance depends on whether the insurer considers you or your business high- or low-risk for claims, and if you’ve had claims for injuries or damages in the past. It’s best to talk to your insurance agent or broker for advice on what the perfect solution for you is. Types of Liability Insurance Here are three kinds of...
