liability coverage
Pays others' damages
Liability coverage is insurance that pays for damage or injury you cause to others.
It covers legal costs and settlements when you're found responsible for harm—whether from a car accident, a slip on your property, or professional negligence.
Most auto and homeowner policies include liability coverage, and many professions require it: The contractor carried two million in liability coverage.
- deductibleOut-of-pocket threshold amount
- out of pocketPaid from personal funds
- third partyUninvolved outside entity
- negligenceFailure to exercise care
- at faultDeserving blame
indemnity · premium · tort law · slip and fall · personal injury · claims adjuster · medical malpractice · risk assessment · loss prevention · reinsurance · fine print · policy limit · breach of contract · duty of care · umbrella · protection · peace of mind · claim
- international insurancecross-border disputes, reinsurance, insurance contracts
- car rentalcar rental, rental car, car hire, rental period, pickup
- auto insuranceauto insurance, car insurance, vehicle insurance, theft protection, premium
- insuranceinsurance, auto insurance, life insurance, home insurance, underwriting
- accident claimsaccident claim, car accident claim, damage claim, injury claim, claim
- financial safetyemergency fund, savings, safety net, insurance, nest egg
liability coveragecollision coverage
Auto policy for accidents
comprehensive coverage · property coverage · full coverage · self-insurance · asset protection