General liability insurance covers injuries and property damage you do to others. Professional liability covers mistakes you made, such as bad advice.

Learn about business liability insurance, types of coverage and how the insurance can protect your company from legal risks ...

According to insurance provider Insureon, the median cost for its clients' professional liability insurance is $61 per month (or $735 annually), with most policies costing between $600 and $1,200 ...

Business insurance protects your company from different types of losses. Learn more about commercial insurance policies and what’s covered in our guide.

A division of Berkshire Hathaway, biBerk offers professional and general liability business insurance in a wide range of fields, including accounting, advertising, healthcare, construction and ...

According to the U.S. Chamber of Commerce, general liability insurance averages less than $800 annually in most cases, with less than 15% of small businesses paying in excess of $1,000 annually.

For those employees, you will need a professional liability insurance. The general-business equivalent is called errors and omissions coverage.

If you work in a licensed profession, however, you may need professional liability insurance instead. Doctors and lawyers, for example, need malpractice insurance rather than general liability ...

Professional liability insurance is not the same thing as the general liability insurance commercial businesses usually carry. General liability insurance covers incidents of third-party injury or ...

Professional liability insurance is geared toward people who provide services. On the other hand, general liability is a type of commercial insurance that pretty much any business can use.

General Liability Insurance to cover in excess of one’s net worth is a prudent, ... An insurance professional should be consulted for more comprehensive advice.