What is limited Liability insurance?

Answer Answer Limited liability is a concept whereby a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership with limited li... Read More »

Top Q&A For: What is limited Liability insurance

What is the difference between a limited liability corporation&a limited liability partnership?

A limited liability partnership (LLP) and a limited liability company (LLC) contain elements of a general partnership combined with liability protection for the business owners. In states like Cali... Read More »

Is Limited Liability Insurance required for an LLP in Florida?

Most of the auto insurance packages come with liability insurance included, since it is usually required by the law. The main purpose of the liability insurance is to provide compensation in case o... Read More »

How much is limited liability renter's insurance?

A typical renter's insurance policy in WI can be expected to be between $100 and $200 per year. From there, the exact cost will depend on a multitude of variables, such as the total size of the pol... Read More »

What type of liability should a game shop have Unlimited or limited liability?

Get what you can afford. If it is limited, talk to the agent about what would be considered a safe amount.