Everything you always wanted to know—or needed to know—about proper coverage for your business.

“It’s a sue-happy society and the automobile and the people who work on it are the perfect target,” remarks Andy Demrovsky, president of Euro-Car Service, Inc. of Norton, Ohio. “If I could give service owners any advice,” he continues, “it would be to make certain they’re well-insured.”

When it comes to insurance, most of us pay our premiums and take our chances. The phrases “legal liability,” “bailee for hire,” and “direct-primary option” might as well be fa foreign language to us. Certainly, they’re not topics apt to come up in the course of dinnertime conversation. But, these phrases and several others are key to your ability to make informed, wise decisions about what type of business insurance you should purchase. We’ll define many of the terms in the text. But, let’s take a look at some of the more basic ones now.