Image source: Getty Images Adding another financial responsibility to an already long list of expenses as a small business owner may seem a wrong move at first glance. But forgoing liability insurance ...

General liability insurance protects businesses against claims that they’ve harmed someone or their property. Many, or all, of the products featured on this page are from our advertising partners who ...

Business insurance can help protect 1099 contract workers from liability and other risks. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...

Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t have ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 ...

Learn how to calculate adequate coverage to ensure that it aligns with the level of risk associated with your business’s operations. Establishing how much business insurance you need involves careful ...

A commercial insurance policy’s general liability limits aren’t always enough to handle significant claims. In these circumstances, business insurance policyholders rely on extra coverage through an ...

The auto insurance industry faces significant hurdles. As businesses grapple with rising costs and evolving risks, two key factors are reshaping the claims environment: social inflation and ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...