A business liability policy will cover your business
in the event of third party liability claims — whether from a formal lawsuit or by a customer slipping in your parking
lot and incurring medical bills.
Regardless of the outcome of any legal proceedings against you, even if you and
your business are completely cleared of wrongdoing, a lawsuit can be extremely costly and time consuming. If your business
was involved in a lawsuit, business liability insurance would cover the cost of your defense and protect your assets.