How does business insurance work in a lawsuit?

ZeeZee asked:


As a small business, I’m finally getting around to looking at business insurance. God forbid I should get sued, but that would be the only reason I would get insurance at this point.

If I get sued (assuming I did nothing wrong that would terminate coverage), what are my responsibilities with regard to paying legal fees? What role will the insurance company play or what control will they have in the litigation process?

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4 Responses to “How does business insurance work in a lawsuit?”

  1. mabeckh says:

    Uw drager van de aansprakelijkheidsverzekering zou in totale controle van het procesproces zijn. Zij zouden besluiten of ga regelen, naar hof, enz. zonder enige input van u. Zij zouden ook alle defensiekosten betalen.

  2. SSandecki says:

    Basically it would work the same as auto insurance; business insurance will cover you up to X amount of dollars in liability and losses. Just like an auto insurance company they would go to court to fight any lawsuits brought against you that would be required to be paid out by the insurance company itself. However, if the amount is greater than what the business insurance covers they can come directly after your company. All in all, it’s a good idea to have liability insurance.

  3. Tom Z says:

    Im Falle eines Prozesses w

  4. dfsd says:

    Myślę, że to głównie podobne do automatycznego ubezpieczenia. Dzięki temu możesz uzyskać wszystkie zobowiązania podobne do auto ubezpieczenia, lub spróbuj skontaktować się z advocal]I think it’s mostly similar to the auto insurance. So you can get all the liabilities similar to the auto insurance, Or try to contact an advocate.

    ]

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