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Suiting Up

If your business becomes the victim of a lawsuit, do you know what your insurance company will do for you?

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This story appears in the November 1999 issue of Entrepreneur. Subscribe »

Every year, when your liability insurance premium comes due, you silently curse at the thought of paying it yet again--after all, you've been in business seven years without a single incident. But you want to be protected, so you send the check out and go back to running your business.

But if one day you do find yourself the target of a claim or lawsuit, what will your insurance company do? It'd better do everything, you say--after all, you've paid a lot of money for this protection.

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