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  2. 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." It ...

  3. Commercial general liability insurance - Wikipedia

    en.wikipedia.org/wiki/Commercial_general...

    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.

  4. Types of business insurance - AOL

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

    According to Progressive, in 2022, the average general liability policy cost new customers $72 a month ($864 a year). The Hartford estimated that general liability costs $1,057 a year ($88 a month).

  5. 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.

  6. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Public liability insurance or general liability insurance covers a business or organization against claims should its operations injure a member of the public or damage their property in some way. Directors and officers liability insurance (D&O) protects an organization (usually a corporation) from costs associated with litigation resulting ...

  7. What Is a Business Valuation, and How Do You Calculate It? - AOL

    www.aol.com/finance/business-valuation-calculate...

    In general, try to use more than one method to get the most accurate depiction of your business value. "A general rule of thumb in business valuation is that you will want to use multiple methods.

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