Liability insurance covers everything you can't afford alone
There are several types of liability insurance, each catering to different needs:
- General Liability Insurance: Often used by businesses, this insurance covers claims related to bodily injury, property damage, and advertising injuries.
- Professional Liability Insurance: Also known as errors and omissions insurance, this is crucial for professionals like doctors, lawyers, and consultants to protect against claims of negligence or inadequate work.
- Product Liability Insurance: This protects manufacturers, distributors, and retailers from claims related to product defects that cause injury or harm.
- Personal Liability Insurance: Typically included in homeowners or renters insurance, this covers individuals against claims of bodily injury or property damage to others.