Secret To Hassle-Free Accounting With Liability Insurance
Types of Liability Insurance
There are several types of liability insurance that can benefit your business, each tailored to specific needs. General liability insurance covers common risks such as customer injuries or property damage, while professional liability insurance, also known as errors and omissions insurance, protects against claims of negligence or mistakes in professional services. Product liability insurance is crucial for businesses that manufacture or supply goods, as it covers claims related to defective products.
Choosing the right type of liability insurance depends on the nature of your business and the specific risks you face. By assessing these risks and browsing options, you can find a policy that suits your needs and ensures comprehensive protection.