No business can afford to be unprepared for a lawsuit.
Liability Insurance protects your business assets when the business is sued for something the business did (or failed to do) that contributed to injury or property damage to someone else.
Liability coverage extends not only to paying damages but also to attorney's fees and other costs involved in defending against the lawsuit, whether valid or not.
Usually excluded from both types of liability insurance policies are suits by customers against a business for non-performance of a contract and by employees charging wrongful termination or racial/gender discrimination or harassment.
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