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

A business owner's policy is a packaged insurance policy that includes general liability coverage and property insurance ...

Consultants who operate as sole proprietors may be personally responsible for damages without professional liability coverage. Many, or all, of the products featured on this page are from our ...

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 ...

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 ...

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 ...

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.