What is the difference between Business Liability Insurance and Business Legal Expenses Insurance?

A Business Liability Insurance covers damage that your company accidentally causes to others. This insurance reimburses the damage and the legal costs to the injured party.

If you suffer damage caused by someone else and want to hire a lawyer to recover this damage, it is not covered by Business Liability Insurance. For this, you need Business Legal Expenses Insurance. This insurance covers the costs of legal assistance when you suffer damage caused by someone else and want to recover it.

A Business Liability Insurance protects you against third-party claims but not your damages.