Liability auto insurance is designed to place a greater financial burden on the driver who causes an accident (or their insurer). After all, if someone is negligent or breaks traffic laws and harms you in the process, you don’t want your insurance company to have to pay out a big claim...
What Is Liability Auto Insurance?Woody Maxim
Depending on the type of business, professional liability insurance may have different names, such as medicalmalpractice insurancefor the medical profession orerrors and omissionsinsurance for real estate agents. Professional liability insurance is a specialty coverage not provided under homeowners' endorsemen...
Car accidents (these would be covered by your auto policy) Liability stemming from the use or ownership of aircraft and watercraft Personal liability insurance and diseases Transmission of a contagious disease, like COVID-19 or chickenpox, won’t be covered by your home insurance liability. For ...
Liability insurance is the most basic form of auto coverage. If you cause an accident, it pays for the other driver's expenses, whether that's medical care or repairs to their car or. It doesn't pay for repairs to your own car, however — that requires comprehensive or collision coverage...
It is purchased as a stand-alone policy—often by individuals who do not own or rent physical property (and so don't need homeowners insurance). It is added to an existing policy—usually a personal auto or watercraft policy. When it's part of a homeowners policy, personal liability covera...
Car accidents (these would be covered by your auto policy) Liability stemming from the use or ownership of aircraft and watercraft Personal liability insurance and diseases Transmission of a contagious disease, like COVID-19 or chickenpox, won’t be covered by your home insurance liability. For ...
When it comes to your auto insurance policy, liability car insurance is a key part of keeping you safe on the road. In the event that you are found at fault in an accident, carrying the right amount of liability insurance could help you not lose tens of thousands of dollars paying for ...
ainsurance is a contrant that indemnifies against loss,damage,or liability arising from an unknown event.indemnify means to make a person whole by erestoring that person to same financial position that existed before the loss. 保险保障反对损失,损伤,或者出现从未知的event.indemnify的责任意味构成人...
What types of car insurance deductibles are there? Your auto insurance policy is a package of different coverage types. Some coverage types, like liability, may pay the other party for injuries and damages if you cause an accident. Other coverage types — such as comprehensive, collision, person...