If you’re wondering if your business needs liability insurance, consider this: A single lawsuit can put you out of business. If you are sued, the cost of your legal defense may be more than your businesses can handle, even if you are innocent.

Do you ever worry about how a cancer diagnosis or other serious illness would disrupt your life? Critical illness insurance could ease some of the burdens associated with serious illnesses. Here’s what you should know about critical illness insurance.

Live in California? Don’t have health insurance? Then you could be paying a tax penalty for no health insurance starting in 2020. The Affordable Care Act (ACA) established a tax penalty for individuals who did not maintain adequate health insurance coverage. This federal penalty has been repealed. People who opposed the penalty – and especially people who had to pay it – may be breathing a sigh of relief, but Californians are not off the hook. The state has established its own version of the tax penalty.

A lot can go wrong on the road. All it takes is one moment of inattention, one miscalculation, one road hazard or one mechanical malfunction. Even a good driver can get into a crash. That’s why every driver needs auto insurance. If you live in Georgia, these are the car insurance requirements.

If you own a home, you likely understand the importance of homeowners insurance. You might not understand exactly what it covers, however. Exclusions in the policy could leave you on the hook for major expenses, especially if you’re renting out your home using Airbnb or a similar service.

Business owners face numerous risks. To manage these risks, they need insurance. It sounds simple in theory, but it can be complicated in practice. Just as there are many different types of risks, there are many different types of insurance. Two that can easily be confused are commercial general liability insurance and an umbrella policy.