Business Basics

Professional negligence is when an industry professional doesn't properly fulfill their duties, leading to damage or harm. Learn how to avoid lawsuits.

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

Product liability insurance is needed for businesses that make, sell or distribute products. Learn about what it covers and how much it costs.

The loss payee has the first-in-line legal rights to an insurance claim payout. Here's what you need to know.

Business owners are vulnerable to lawsuits. Learn common lawsuit types, as well as how to handle a lawsuit, deal with insurance, and protect your company.

Your business needs intellectual property insurance if you hold patents or trademarks. Learn what intellectual property insurance covers.

A key component of an insurance policy is restitution for those who have a claim against you. Here's how indemnity insurance provides that.

A hold harmless agreement releases a party from the consequences of another's actions. Learn how and when to use a hold harmless agreement in business.

General liability insurance is a policy your business should have. Here is what it protects against.

Fiduciary liability insurance protects a business from claims that a benefits plan was mismanaged. Learn what fiduciary liability insurance covers.

Excess liability insurance is extra coverage that kicks in once an underlying policy hits its limits. Learn how it works and what it covers.

Errors and omissions insurance guards your business against lawsuits brought by dissatisfied customers.

Learn why and how your small business should invest in employment practices liability insurance.

Insurance endorsements are a way to broaden or narrow coverage on an existing insurance policy. Here's how insurance endorsements work.

If a lawsuit targets a firm's directors and officers, directors and officers insurance protects their personal assets. Learn how D&O insurance works.

Cyber insurance can help companies notify customers about data breaches involving their personal information and can protect from cyberattack damages.

A cyber insurance risk assessment finds the systems and assets most at risk of cyberattack. Learn about cyber insurance and how risk assessments work.

Filing for workers' compensation can be a lengthy process. Learn more about each step involved.

Commercial umbrella insurance adds coverage to general liability, workers' comp and other policies. Find out if you need a commercial umbrella policy.

Commercial property insurance covers the building and items that you own or lease against such perils as fire, explosions, theft, and vandalism.

Commercial auto insurance is critical for businesses that operate vehicles and have employees driving for work purposes. Here is what you need to know.

Auto insurance can be tax deductible when you use your vehicle for business. Learn what you can write off and how to find the best tax strategy for you.

What are your state's requirements for commercial auto insurance coverage? Learn what you and your business need to do to avoid penalties.

Commercial liability auto insurance covers the same types of liabilities as personal auto insurance, but the policy is for commercial vehicles.

Commercial car insurance deductibles work just like personal auto insurance deductibles. Learn about collision and comprehensive claims deductibles.

The average cost of commercial car insurance depends on vehicle, location, driving record, industry, and more. Learn how to choose the right coverage.

Coinsurance for small businesses helps cover property and business assets, so the insurer knows there's adequate coverage. Here's how it works.

When insuring a business, you'll find two coverage types: claims-made and occurrence. Learn the differences to choose the right business coverage.

Business interruption insurance is a policy, clause or endorsement that can help you if an unforeseen event shuts down operations. Learn how it works.

If a property is at risk for loss or damage during construction, consider builder's risk insurance. Learn what builder's risk covers and who needs it.