What Happens When Your Business is Sued?

  Monday, January 14th, 2013 Source: Business Insurance

One of the most difficult situations to face as a business owner is when your business faces potential liability for damage to another’s property or injury to a person. Liability claims can come from anywhere. Auto accidents involving company vehicles, falls and injuries by patrons or visitors to the business are the most typical claims. This article addresses the liability claim, the role of business liability insurance, and what your business can expect. For purposes of this article, I will use an auto accident as the example and the commercial auto policy. However, the examples here can be applied to any situation and not just auto accidents.

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