Liability insurance is a type of insurance that protects you from lawsuits and damages

Liability insurance is a type of insurance that protects you from lawsuits and damages if you are sued for causing injury or damage to another person. This can help cover settlement costs, legal fees, and even awards awarded to third parties. There are different types of liability insurance, including: 1. Personal liability insurance: This type of insurance protects you from lawsuits arising from your personal activities, such as car accidents, dog bites, or guest injuries. 2. Business Liability Insurance: This type of insurance protects your business from lawsuits arising from your business activities, such as defective products, employee injuries, or professional misconduct. 3. Professional Liability Insurance: This type of insurance protects you from lawsuits arising from negligence or errors in your profession, such as medical malpractice, legal errors, or accounting errors. 4. Directors and Officers Liability (D&O) Insurance: This type of insurance protects a company’s director