What Is Liability Car Insurance Definition

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Updated September . Auto liability insurance is a type of car insurance coverage that s required by law in most states. If you cause an accident, liability coverage helps pay for the other person s expenses. There are two types of auto liability coverage that drivers in each state must have bodily injury liability coverage .

  • What Is Liability Insurance Definition And Meaning

    When running a business that sees a lot of foot traffic, it is worth considering liability insurance because you’d be surprised how aloof people can be when wondering .

  • Liability Insurance Investopedia

    Liability insurance is any insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something such as .

  • Liability Insurance Investopedia

    What is ‘Liability’ A liability is a company’s financial debt or obligations that arise during the course of its business operations. Liabilities are settled over .

  • What Is A Liability Definition And Meaning

    Definition of liability An obligation that legally binds an individual or company to settle a debt. When one is liable for a debt, they are responsible .