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  2. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    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.

  3. Why Liability Insurance Is a Must for Any Small Business - AOL

    www.aol.com/why-liability-insurance-must-small...

    General liability: This type of insurance covers lawsuits involving bodily injury or property damage. Professional liability: This insurance is sometimes called "errors and omissions coverage."

  4. What Kinds of Insurance Does Your Small Business Really ... - AOL

    www.aol.com/kinds-insurance-does-small-business...

    Professional liability insurance would help cover both your legal expenses as well as any damages (again, up to the policy limit). Many states require that professionals like lawyers, doctors, and ...

  5. Types of business insurance - AOL

    www.aol.com/finance/types-business-insurance...

    This type of business liability insurance is also called errors and omissions (E&O) insurance. ... Generally, though, BOPs include some combination of business liability insurance, business income ...

  6. Business owner's policy - Wikipedia

    en.wikipedia.org/wiki/Business_owner's_policy

    A typical business owner's policy includes property and liability insurance. The property insurance portion of a BOP is available most often as named-peril coverage, which provides compensation only for damage caused by events specifically listed in the policy (typically fire, explosion, wind damage, vandalism, smoke damage, etc.). [3]

  7. Professional liability insurance - Wikipedia

    en.wikipedia.org/wiki/Professional_liability...

    The primary reason for professional liability coverage is that a typical general liability insurance policy will respond only to a bodily injury, property damage, personal injury or advertising injury claim. Other forms of insurance cover employers, public and product liability. However, various professional services and products can give rise ...

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