Most businesses carry different types of liability insurance. In particular, businesses typically need general liability insurance and workers’ compensation policies. When you have multiple policies ...
Bobby L. Hickman is a longtime business and financial journalist who brings decades of experience in insurance and financial services to his editor role at Investopedia. He has worked with insurance ...
As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...
Daniel Robinson is a writer based in Greenville, N.C. with expertise in auto insurance, loans, warranty options and more. Away from the keyboard, Daniel spends time with his wife and son, plays guitar ...
Liability insurance covers legal fees and settlement costs in case of lawsuits. Businesses may need several types. Many, or all, of the products featured on this page are from our advertising partners ...
In a litigious society, a mistake or oversight can cost your business mightily. You could be stuck paying attorney's fees, court costs and the costs of any damages your business causes. For this ...
If you're a business owner, your personal auto insurance won't cover cars, trucks, or other vehicles you use for work. Commercial auto insurance can provide liability, collision and comprehensive ...
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Excess liability insurance explained

Excess liability insurance is extra coverage that kicks in once an underlying policy hits its limits. Learn how it works and what it covers.
Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the 15 Best S&P 500 Stocks to Look For in 2026. On January 13, Berkshire Hathaway Specialty Insurance (BHSI), a subsidiary of Berkshire Hathaway’s ...
ERGO NEXT reports winter storms can harm businesses through property damage and operational disruptions, yet many owners lack adequate insurance coverage.