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  2. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.

  3. Why Liability Insurance Is a Must for Any Small Business - AOL

    www.aol.com/why-liability-insurance-must-small...

    Liability insurance helps protect a business's finances when someone brings a lawsuit against it. If anyone sues your business (for various reasons), liability insurance can help you cover the ...

  4. Do you need full-coverage car insurance? What it is, when it ...

    www.aol.com/finance/full-coverage-car-insurance...

    Protects you if you're hit by a driver who either has no insurance or whose liability coverage limits are too low to pay for your damages. It can help cover both your vehicle repairs and medical ...

  5. Professional liability insurance - Wikipedia

    en.wikipedia.org/wiki/Professional_liability...

    Professional liability insurance (PLI), also called professional indemnity insurance (PII) and commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the full cost of defending against a negligence ...

  6. Commercial general liability insurance - Wikipedia

    en.wikipedia.org/wiki/Commercial_general...

    Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.

  7. What is title insurance, and do homebuyers need it? - AOL

    www.aol.com/finance/title-insurance-homebuyers...

    Title insurance offers protection from problems with a property’s title, including liens, ownership disputes and encroachments. There are two types: a mandatory lender’s policy, whose cost is ...

  8. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Public liability insurance or general liability insurance covers a business or organization against claims should its operations injure a member of the public or damage their property in some way. Directors and officers liability insurance (D&O) protects an organization (usually a corporation) from costs associated with litigation resulting ...

  9. 5 car insurance myths — debunked: Red cars, rate negotiations ...

    www.aol.com/finance/car-insurance-myth-212820623...

    Or that full coverage protects your car against ... A commonly required liability insurance is $25,000/$50,000/$25,000. Here's how it breaks down: $25,000/$50,000 for personal injury (PI ...

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