Discover how commercial general liability (CGL) insurance protects businesses from bodily injury, property damage, and more. Understand policy types and ideal coverage.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Bobby L. Hickman is a longtime business and financial journalist who brings decades of ...

General liability insurance can protect your business if you're held liable for damages or injuries to a client or customer.

Liability insurance covers legal fees and settlement costs in case of lawsuits. Businesses may need several types. Liability insurance protects your business if it is sued for doing something, or ...