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.

Share |
 

Related Content

Coaches

Coaches

Coaches have helped you your whole life, in ways big and small. We’d like to be one of them.

What is Dwelling Coverage?

What is Dwelling Coverage?

Do you know what Dwelling Coverage is?

Long-Term-Care Protection Strategies

Long-Term-Care Protection Strategies

The chances of needing long-term care, its cost, and strategies for covering that cost.