In business, as in life, things can go horribly wrong. Homeowners don't want to be on the hook if a roofer or electrician is injured on the job. Landlords worry about business tenants damaging the ...

An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Business liability insurance protects the financial interests of companies and business ...

Business owners seeking to limit their personal liability for the actions and debts of the company may structure the business as a limited liability partnership or as a limited liability company.

COIs verify business insurance coverage, outlining policy type, effective dates, and limits. Unlike insurance binders, COIs are issued for active policies after underwriting is complete. Businesses ...