If a third party is injured as a result of your business, and your business is found liable, then liability insurance covers the legal and medical costs associated with physical harm. It does not cover negligence, business malpractice, employee injuries, or vandalism.

Bobtail insurance is a commercial truck insurance endorsement that provides trucks with liability coverage while they’re traveling on the road without a trailer or cargo attached. Bobtail insurance is relatively inexpensive, and most drivers will pay in the ballpark of $400 a year. Factors that determine your cost are your driving record, how often/how far you expect to bobtail, and your policy’s coverage limit.

Does your restaurant have the right insurance? In our complete guide to restaurant insurance, we’ll cover which insurance policies you need, how much it’ll cost you, and where to get the right insurance for your business.

Liability insurance is crucial to protecting your small business from lawsuits and accidents, but not all liability insurance policies are the same. So what exactly is garage liability insurance, and do you need it? And the big question: How much is it going to cost you? Keep on reading to find out.

Fidelity bonds are one form of risk management you may need if you’re looking to protect your business, employees, or customers from financial fraud, employee dishonesty, or outright theft. This type of insurance policy is also referred to as a commercial crime policy. In fact, fidelity bonds are a requirement in some states to acquire a business license.

LLC business insurance is a collection of business insurance policies that protect your LLC from the costly effects of a lawsuit, property damage, worker mistakes, and other situations. Because every LLC is different, the types of coverage your business needs will be unique.

You need a loss run report to negotiate lower premiums with your existing or new insurance provider, determine risks associated with running your business, and establish a plan to help mitigate potential hazards.

Every year, employees and businesses are held liable for things out of their control, and no matter how diligent you are, mistakes happen, and people can be over-served. Don’t risk your business because of someone else’s poor decisions. Protect yourself with liquor liability insurance or host liquor liability insurance, and take the time to review the liquor laws in your state.

We all make mistakes, and when we do, you may be liable for the effects of those errors if you gave the advice in a professional setting or hurt someone while providing your service. Professional liability insurance protects your business from lawsuits that claim you gave bad advice or made a mistake.

Any business that requires vehicles for day-to-day operations or requires employees to drive vehicles as part of the job should purchase commercial auto insurance.