Liability Insurance

What Is Liability Insurance?

Liability Insurance protects your small business from third party claims of negligence that result in damage to a person, their business or their property. Business liability insurance is especially important for small business owners because defending against these claims in court can be expensive.  

Why choose Hiscox?

• Tailored coverage: We specialize in businesses like yours and tailor coverage to the risks in your field.
• Passion for service: Knowledgeable agents provide exceptional service – 96% of people surveyed recommend us.
• Coverage for contracts: Our professional & general liability coverages satisfy most standard contract insurance requirements.
• Fast and simple: Online quotes or speak to a licensed agent – immediate coverage.
• Confidence: Hiscox Insurance Company Inc. is ‘A’ rated (Excellent) by A.M. Best.

Learn more about why you should choose Hiscox Insurance.

What kind of Liability Insurance do you need?

As a professional services businesses, there are two types of liability insurance for small business that should be considered:

Professional Liability Insurance

Every small business owner should consider professional liability insurance if your business provides a professional service or regularly gives advice to clients.  

Professional liability insurance, also called errors and omissions insurance (E&O Insurance), protects your business if you face a claim for negligence in the performance of those services, even if you haven’t made a mistake.

Learn more about professional liability insurance.

General Liability Insurance

General liability insurance, also called commercial general liability insurance, protects your business from claims of bodily injury, associated medical costs and damage to property. You should consider general liability insurance if you or your employees visit a client’s place of work, clients visit yours or if your client requires that you carry insurance.

General Liability also covers damage to property at third-party locations used for business related activities and claims of libel or slander.  

Learn more about general liability insurance.