General liability insurance
Many factors determine which general liability insurance policy is the right one for your business. Here’s how to choose a policy by looking at six different aspects of your general liability insurance quotes.
Commercial general liability insurance is usually the first policy that small businesses buy. It protects you from the legal costs of common accidents, and costs about $42 per month for basic coverage.
The per-occurrence limit is the maximum amount of insurance money you'll get for claims from a single incident.
Even if you’ve done nothing wrong, someone can still sue your IT business. Learn how to prepare for this possibility.
Business insurance is designed to protect your company against insurable risk, or the likelihood of a loss. But it's important to understand that even the most comprehensive insurance policies don't cover every type of risk.
General liability insurance is your company’s first line of defense against many business risks, but it has its limits. Learn these common general liability exclusions to make sure you don’t get caught without coverage.
Every liability insurance policy is different. Who is covered by your liability insurance depends on a few factors, including the type of insurance and any modifications made to the policy.
A duty to defend clause in your liability policy means your insurance company must work out the details of your legal defense.
Learn how to protect your IT consulting business by understanding the liability risks and taking steps to safeguard your assets.
Typically, you need to contact your insurance carrier directly when you want to file a commercial insurance claim. But the steps you take may differ based on whether you're filing a property claim or a liability claim.
Want your insurer in your corner? A duty to defend policy makes it an insurer's obligation to provide legal defense for a lawsuit, instead of just compensating you for the claim.
An expiration date is the day your insurance policy lapses. Your insurance coverage will typically end at midnight on your policy's expiration date.
An insurance renewal is the end of the term of your policy, at which point, you'll need to determine if you'd like to continue under the same policy with the same insurance carrier.
When you have vicarious liability for something, it means you could be held legally responsible for any resulting harm even though you didn't directly cause it. For example, a tech company could be held accountable for the actions of an employee.
A tortfeasor is a business or individual accused of a tort, which is an act that harms another entity. Torts are often unintentional, but the tortfeasor can still be held liable for damages.
