Insurance

What is a Liability?

Liability

[lahy-uh-bil-i-tee]

noun

1.

Liability is the portion of your Policy that covers you in the event you are found to be responsible for injuries to other individuals or property. Typically, all property and casualty policies, whether home, auto, or other, have personal Liability written into them.

Have A Question About This Topic?

Thank you! Oops!

Related Content

General Liability for Online & Etsy Sellers

General Liability for Online & Etsy Sellers

Learn why General Liability insurance helps protect your online business from common liability risks. Share this info.

5 Things You Need to Know to Buy Life Insurance

5 Things You Need to Know to Buy Life Insurance

Shopping for life insurance can be confusing. Choose the plan that is best for you and your family with these top five considerations.

No Holes Yard: Home Liability Coverage You Need

No Holes Yard: Home Liability Coverage You Need

Your backyard is great until someone gets hurt. Here's what homeowners liability covers and how to protect yourself.