Explore how aggregate limits of liability work in insurance, their impact on policy coverage, and why understanding them is crucial for policyholders.

The availability of “limited liability” is one of the primary reasons people choose to operate businesses in the form of corporations, limited liability partnerships (LLPs), or limited liability ...

A commercial insurance policy’s general liability limits aren’t always enough to handle significant claims. In these circumstances, business insurance policyholders rely on extra coverage through an ...

WHITEHOUSE STATION, N.J., April 11, 2022 /PRNewswire/ -- Chubb has launched its Liability Limit Benchmark & Large Loss Profile 2022 report, highlighting how risks and loss cost trends have evolved ...

Learn how excess limits premiums offer coverage beyond basic liability limits in insurance contracts, including how they work, key benefits, and premium calculation.

There’s a gap most people have in their insurance plans, and it eventually could cost them a bundle. In general, people have the right amount of insurance for damages to their property, whether it is ...

You need a general liability insurance policy in order to get a certificate of liability insurance. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...