An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and ...

Maryland does not require lawyers to carry professional liability insurance. Oregon, West Virginia, Nebraska, and Rhode Island have forms of mandatory insurance. Many others, such as Delaware and ...

E&O insurance guards your business against lawsuits brought by dissatisfied customers. Find out what it covers and costs, and ...

Anyone who is in the business of giving advice or recommendations, or generating programs or products to customers, is going to need liability coverage. This is over and above the protections that a ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Business liability insurance protects the financial interests of companies and business ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

The decision to buy professional liability insurance is a watershed moment for most architects and young firms. It often means that the firm has been awarded a project at a significant scale or with a ...

Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.