Ads
related to: what is liability insurance coverage- Get Business Insurance
Safeguard your business today.
Compare business insurance quotes.
- Free Instant Quotes
Compare Multiple Quotes Online
For Free From Top Insurers.
- Business Insurance Quotes
Best business insurance quotes here
Secure your business. Get quotes.
- Cover for your Profession
Compare Multiple Insurance Quotes
For Your Industry. Buy Online.
- Get Business Insurance
Search results
Results from the WOW.Com Content Network
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.
Here are some of the most common types of liability insurance: General liability: This type of insurance covers lawsuits involving bodily injury or property damage. Professional liability: This ...
Like other liability insurance, it covers legal fees and any resulting settlement up to your policy limits. This type of business liability insurance is also called errors and omissions (E&O ...
Cyber liability: For businesses that sell or store customer information online, cyber liability insurance is a must. If your information — or your customers' details — are compromised, cyber ...
Professional liability insurance (PLI), also called professional indemnity insurance (PII) and commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the full cost of defending against a negligence ...
Ads
related to: what is liability insurance coverage