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 Ò€¦ What does general liability insurance cover? This liability insurance protects your small business from claims that occur during your normal business operations, such as:

Liability insurance coverage protects you financially if you're responsible for someone else's injuries or property damage. Liability coverage comes standard with most vehicle and property insurance Ò€¦