The insurance Legal Liability Companies (LLC) covers the costs of the liability of the insured third parties for damage to persons and / or wares. Because it involves damage by tort, it means that it is damaged by a third party, which you do not have to have an agreement with. Though, this third party could address you and your company for damage caused by wrongful act or omission in the performance of the insurance company or professional.

It is nice to know that it doesn’t matter for LLC if the damage is caused by you or one of your employees. You are covered for possible financial damage to your company with LLC. The insured amount is determined in consultation with the insured and the premium is calculated based on total annual income of the company.