Business Liability Insurance is a type of insurance that protects businesses from financial losses due to claims of negligence, injury, or damage caused to third parties. This coverage can help pay for legal fees, medical expenses, and settlements if a business is found liable for an incident. Having Business Liability Insurance is essential for companies of all sizes, as it safeguards their assets and ensures they can continue operating even after facing unexpected claims. It can cover various situations, including accidents on business premises or product-related injuries, providing peace of mind to business owners.