Commercial liability brokers can help you protect your business assets by ensuring that you are properly covered in the event a personal injury lawsuit or property damage claim. Be sure to choose liability insurance brokers who are well-established and experienced. There are several types of liability insurance available to protect a small business including general liability, professional liability and product liability insurance.General liability insurance protects businesses from advertising, injury and property damage claims. Professional liability insurance protects service providers in suits alleging malpractice, errors and negligence. Product liability insurance provides protection against claims alleging injury or death as a result of using the company’s products. It’s important to obtain services from a liability insurance brokerage firm that is experienced in addressing the unique insurance needs of small business owners. Consider the following tips to help you choose a liability insurance broker.1. Outline your business assets for which you will require liability insurance.2. Discuss coverage and rate options with liability insurance brokers.3. Maintain adequate business liability coverage. Consult with liability insurance brokers to protect your business Commercial liability insurance is not one size fits all. Prepare for meetings with liability insurance brokers by gathering all pertinent business information. Be ready to discuss your business operations, equipment, services and product offerings so that the broker can best assess your specific liability coverage needs. Compare fees from commercial insurance brokerage firms While insurance coverage options will, for the most part, be the same, rates will vary between insurance companies. Be sure to carefully review all insurance packages received from your liability insurance broker to ensure you are not substituting quality service for lower rates. Stay connected with your liability insurance broker Even though it's the responsibility of a liability insurance broker to stay abreast of changing insurance guidelines and regulations, he/she cannot maintain your policy if you don't provide regular updates on any changes in your business. Be sure to notify your broker if you anticipate any changes in how your business operates. Because liability insurance brokers work on commission and may represent several different insurance companies, a broker will generally charge fees to put together insurance quote packages. Be sure to obtain fee information upfront before choosing a liability insurance broker.