Business liability insurance definition

Business liability insurance is coverage for liability exposure that occurs as a result of the activities of a business. It should protect in case of a claim or lawsuit and can cover damages, medical costs, attorney fees for defense and damages in the case of a settlement. Policy types and coverage are tailored for different businesses and professions and include but are not limited to:

- General liability: primary coverage for injury claims, property damage and advertising claims
- Professional liability: coverage protects against malpractice, negligence, errors and omissions
- Product liability: protection for consumer injury by your product.