Liability Insurance man settling the bike General obligation protection is the principal significant layer of assurance for cases of substantial damage or property harm against your business. This sort of protection is imperative since individual protection won't cover a risk circumstance that may emerge from a business action. "Numerous locally established business visionaries inaccurately accept their business resources are secured by individual protection approaches," says Monica Lindeen, Montana's Commissioner of Securities and Insurance. "Tragically, entrepreneurs regularly don't find this misstep until after a noteworthy episode puts their business and individual funds in danger. With regards to protection, what you don't know certainly can hurt you." Sorts of business protection Here's a breakdown from the National Association of Insurance Commissioners about what sorts of protection your business may require. Home. Only f...