Liability Insurance 101: What Business Owners Need to Know – Rosalie Murphy

Key takeaways: Liability insurance protects your business if it is sued for doing something, or failing to do something, that causes harm. General liability insurance policies can pay out to cover medical costs after injuries, repair costs after property damage, legal expenses and settlement costs. Most business owners’ policies include some general liability insurance coverage….

Rosalie Murphy writes for NerdWallet. Email: rmurphy@nerdwallet.com.

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